Systematic Financial Management LP Sells 13,628 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

Systematic Financial Management LP lessened its holdings in AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 6.2% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 206,057 shares of the company's stock after selling 13,628 shares during the period. Systematic Financial Management LP owned approximately 0.54% of AMN Healthcare Services worth $10,556,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the company. Quarry LP lifted its stake in AMN Healthcare Services by 64.8% in the fourth quarter. Quarry LP now owns 519 shares of the company's stock valued at $39,000 after purchasing an additional 204 shares during the last quarter. Nisa Investment Advisors LLC lifted its stake in AMN Healthcare Services by 41.4% in the second quarter. Nisa Investment Advisors LLC now owns 748 shares of the company's stock valued at $38,000 after purchasing an additional 219 shares during the last quarter. Arizona State Retirement System lifted its stake in AMN Healthcare Services by 2.1% in the second quarter. Arizona State Retirement System now owns 10,606 shares of the company's stock valued at $543,000 after purchasing an additional 221 shares during the last quarter. Pitcairn Co. lifted its stake in AMN Healthcare Services by 4.2% in the first quarter. Pitcairn Co. now owns 6,138 shares of the company's stock valued at $384,000 after purchasing an additional 249 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its stake in AMN Healthcare Services by 3.9% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,730 shares of the company's stock valued at $345,000 after purchasing an additional 252 shares during the last quarter. Hedge funds and other institutional investors own 99.23% of the company's stock.

AMN Healthcare Services Price Performance

Shares of AMN stock traded down $0.18 on Monday, reaching $42.39. The company's stock had a trading volume of 745,021 shares, compared to its average volume of 789,450. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 1.36. AMN Healthcare Services, Inc. has a 12-month low of $40.73 and a 12-month high of $87.87. The company has a market capitalization of $1.61 billion, a P/E ratio of 11.19 and a beta of 0.12. The stock's 50 day simple moving average is $52.98 and its 200-day simple moving average is $55.26.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.98 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.76 by $0.22. AMN Healthcare Services had a return on equity of 23.68% and a net margin of 3.07%. The company had revenue of $740.69 million for the quarter, compared to the consensus estimate of $740.43 million. During the same quarter last year, the business posted $2.38 earnings per share. The firm's revenue was down 25.3% compared to the same quarter last year. As a group, equities analysts predict that AMN Healthcare Services, Inc. will post 3.26 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently commented on the company. JMP Securities dropped their price objective on AMN Healthcare Services from $75.00 to $66.00 and set a "market outperform" rating on the stock in a research note on Tuesday, August 13th. StockNews.com cut shares of AMN Healthcare Services from a "hold" rating to a "sell" rating in a report on Wednesday, July 31st. UBS Group lowered their target price 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, BMO Capital Markets boosted their target price on shares of AMN Healthcare Services from $60.00 to $71.00 and gave the company an "outperform" rating in a report on Monday, August 12th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, AMN Healthcare Services currently has an average rating of "Hold" and a consensus price target of $67.83.

About AMN Healthcare Services

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.