Weiss Asset Management LP Buys Shares of 236,508 AMN Healthcare Services, Inc. (NYSE:AMN)

Weiss Asset Management LP acquired a new position in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 236,508 shares of the company's stock, valued at approximately $10,026,000. Weiss Asset Management LP owned about 0.62% of AMN Healthcare Services as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Mather Group LLC. acquired a new stake in shares of AMN Healthcare Services in the second quarter valued at about $31,000. Truvestments Capital LLC acquired a new stake in shares of AMN Healthcare Services during the third quarter worth $30,000. Nisa Investment Advisors LLC grew its position in shares of AMN Healthcare Services by 41.4% during the second quarter. Nisa Investment Advisors LLC now owns 748 shares of the company's stock worth $38,000 after acquiring an additional 219 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of AMN Healthcare Services by 232.4% during the 2nd quarter. GAMMA Investing LLC now owns 1,160 shares of the company's stock valued at $59,000 after purchasing an additional 811 shares in the last quarter. Finally, Innealta Capital LLC purchased a new stake in AMN Healthcare Services during the second quarter valued at about $65,000. 99.23% of the stock is owned by hedge funds and other institutional investors.

AMN Healthcare Services Stock Down 1.2 %

Shares of NYSE AMN traded down $0.33 during trading hours on Friday, hitting $26.40. The company had a trading volume of 764,660 shares, compared to its average volume of 852,815. The stock has a market capitalization of $1.01 billion, a P/E ratio of 19.25 and a beta of 0.04. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.27. AMN Healthcare Services, Inc. has a 1-year low of $23.37 and a 1-year high of $80.22. The firm's 50 day moving average is $34.39 and its 200-day moving average is $46.69.

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

Insider Buying and Selling at AMN Healthcare Services

In related news, CFO Jeffrey R. Knudson sold 2,461 shares of the firm's stock in a transaction on Saturday, November 2nd. The stock was sold at an average price of $36.90, for a total value of $90,810.90. Following the transaction, the chief financial officer now owns 37,550 shares in the company, valued at approximately $1,385,595. This trade represents a 6.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.93% of the company's stock.

Analyst Ratings Changes

AMN has been the subject of a number of research analyst reports. Bank of America lowered shares of AMN Healthcare Services from a "neutral" rating to an "underperform" rating and reduced their price target for the stock from $65.00 to $48.00 in a research report on Monday, October 7th. UBS Group cut their price target on AMN Healthcare Services from $66.00 to $65.00 and set a "neutral" rating for the company in a report on Friday, August 9th. Jefferies Financial Group decreased their target price on AMN Healthcare Services from $41.00 to $27.00 and set a "hold" rating for the company in a research report on Wednesday, November 13th. JMP Securities decreased their target price on AMN Healthcare Services from $66.00 to $57.00 and set a "market outperform" rating for the company in a research report on Tuesday, October 22nd. Finally, William Blair lowered AMN Healthcare Services from an "outperform" rating to a "market perform" rating in a research report on Friday, November 8th. 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.com, AMN Healthcare Services presently has a consensus rating of "Hold" and a consensus price target of $48.33.

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.