Systematic Financial Management LP Buys 29,119 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

Systematic Financial Management LP boosted its holdings in AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 14.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 235,176 shares of the company's stock after buying an additional 29,119 shares during the quarter. Systematic Financial Management LP owned 0.62% of AMN Healthcare Services worth $9,969,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Mather Group LLC. purchased a new position in AMN Healthcare Services during the 2nd quarter worth approximately $31,000. Truvestments Capital LLC purchased a new position in AMN Healthcare Services during the 3rd quarter worth approximately $30,000. Nisa Investment Advisors LLC grew its position in AMN Healthcare Services by 41.4% during the 2nd quarter. Nisa Investment Advisors LLC now owns 748 shares of the company's stock worth $38,000 after purchasing an additional 219 shares in the last quarter. GAMMA Investing LLC grew its position in AMN Healthcare Services by 232.4% during the 2nd quarter. GAMMA Investing LLC now owns 1,160 shares of the company's stock worth $59,000 after purchasing an additional 811 shares in the last quarter. Finally, Innealta Capital LLC purchased a new position in AMN Healthcare Services during the 2nd quarter worth approximately $65,000. Institutional investors and hedge funds own 99.23% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on AMN shares. Benchmark reiterated a "hold" rating on shares of AMN Healthcare Services in a research report on Wednesday, October 2nd. BMO Capital Markets lowered their price target on shares of AMN Healthcare Services from $50.00 to $46.00 and set an "outperform" rating on the stock in a report on Monday, November 11th. JMP Securities lowered their price target on shares of AMN Healthcare Services from $66.00 to $57.00 and set a "market outperform" rating on the stock in a report on Tuesday, October 22nd. UBS Group lowered their price target on shares of AMN Healthcare Services from $66.00 to $65.00 and set a "neutral" rating on the stock in a report on Friday, August 9th. Finally, Bank of America cut shares of AMN Healthcare Services from a "neutral" rating to an "underperform" rating and lowered their price target for the company from $65.00 to $48.00 in a report on Monday, October 7th. Two analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $48.33.

AMN Healthcare Services Stock Down 1.7 %

Shares of AMN stock traded down $0.45 on Friday, hitting $26.28. The company's stock had a trading volume of 1,009,213 shares, compared to its average volume of 854,390. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.18 and a quick ratio of 1.18. AMN Healthcare Services, Inc. has a fifty-two week low of $23.37 and a fifty-two week high of $80.22. The firm's fifty day moving average price is $34.07 and its 200-day moving average price is $46.46. The stock has a market capitalization of $1.00 billion, a price-to-earnings ratio of 19.04 and a beta of 0.04.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last released its quarterly earnings data on Thursday, November 7th. The company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.03. AMN Healthcare Services had a net margin of 1.73% and a return on equity of 17.16%. The business had revenue of $687.51 million during the quarter, compared to analyst estimates of $670.08 million. During the same quarter in the previous year, the business earned $1.97 EPS. Research analysts anticipate that AMN Healthcare Services, Inc. will post 3.07 EPS for the current year.

Insider Activity at AMN Healthcare Services

In other AMN Healthcare Services news, CFO Jeffrey R. Knudson sold 2,461 shares of the business's stock in a transaction on Saturday, November 2nd. The shares were sold at an average price of $36.90, for a total transaction of $90,810.90. Following the completion of the transaction, the chief financial officer now owns 37,550 shares of the company's stock, valued at $1,385,595. The trade was a 6.15 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.93% of the stock is owned by company insiders.

AMN Healthcare Services Company Profile

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to healthcare facilities in the United States. It operates through three segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions. The Nurse and Allied Solutions segment offers travel nurse staffing, labor disruption staffing, local staffing, international nurse and allied permanent placement, and allied staffing solutions.