AMN Healthcare Services, Inc. (NYSE:AMN) Shares Sold by Millennium Management LLC

Millennium Management LLC lessened its holdings in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 23.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 276,421 shares of the company's stock after selling 83,177 shares during the quarter. Millennium Management LLC owned about 0.73% of AMN Healthcare Services worth $14,161,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in AMN. Squarepoint Ops LLC bought a new stake in shares of AMN Healthcare Services in the second quarter worth about $2,516,000. Aristeia Capital L.L.C. purchased a new stake in shares of AMN Healthcare Services during the 2nd quarter worth approximately $505,000. Magnetar Financial LLC purchased a new stake in shares of AMN Healthcare Services during the 2nd quarter worth approximately $320,000. Public Sector Pension Investment Board boosted its position in shares of AMN Healthcare Services by 7.9% during the 2nd quarter. Public Sector Pension Investment Board now owns 83,607 shares of the company's stock valued at $4,283,000 after acquiring an additional 6,145 shares during the last quarter. Finally, Thrivent Financial for Lutherans grew its holdings in shares of AMN Healthcare Services by 3,753.6% in the second quarter. Thrivent Financial for Lutherans now owns 1,263,326 shares of the company's stock valued at $64,721,000 after purchasing an additional 1,230,543 shares in the last quarter. 99.23% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. UBS Group lowered their price objective on shares of AMN Healthcare Services from $66.00 to $65.00 and set a "neutral" rating for the company in a research report on Friday, August 9th. StockNews.com lowered AMN Healthcare Services from a "hold" rating to a "sell" rating in a research report on Wednesday, July 31st. JMP Securities reissued a "market outperform" rating and set a $66.00 price objective on shares of AMN Healthcare Services in a research note on Friday. Benchmark reaffirmed a "hold" rating on shares of AMN Healthcare Services in a research note on Wednesday, October 2nd. Finally, BMO Capital Markets boosted their target price on AMN Healthcare Services from $60.00 to $71.00 and gave the company an "outperform" rating in a research report on Monday, August 12th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, AMN Healthcare Services currently has a consensus rating of "Hold" and an average target price of $65.00.

AMN Healthcare Services Stock Up 0.8 %

Shares of AMN traded up $0.32 during midday trading on Monday, hitting $38.64. 940,221 shares of the company's stock traded hands, compared to its average volume of 798,124. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 1.36. The stock has a market capitalization of $1.47 billion, a price-to-earnings ratio of 10.30 and a beta of 0.11. AMN Healthcare Services, Inc. has a 1 year low of $36.50 and a 1 year high of $80.79. The firm's fifty day moving average is $50.87 and its 200-day moving average is $54.48.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last issued its quarterly earnings results on Thursday, August 8th. The company reported $0.98 earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $740.69 million during the quarter, compared to the consensus estimate of $740.43 million. During the same quarter last year, the company earned $2.38 earnings per share. The company's quarterly revenue was down 25.3% on a year-over-year basis. As a group, sell-side analysts anticipate that AMN Healthcare Services, Inc. will post 3.26 earnings per share for the current year.

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.