Marshall Wace LLP Lowers Stock Holdings in AMN Healthcare Services, Inc. (NYSE:AMN)

Marshall Wace LLP lessened its stake in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 50.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 138,253 shares of the company’s stock after selling 139,444 shares during the quarter. Marshall Wace LLP owned about 0.36% of AMN Healthcare Services worth $7,083,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Quarry LP boosted its holdings in AMN Healthcare Services by 64.8% in the 4th quarter. Quarry LP now owns 519 shares of the company’s stock valued at $39,000 after purchasing an additional 204 shares in the last quarter. Nisa Investment Advisors LLC raised its stake in shares of 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 buying an additional 219 shares in the last quarter. Arizona State Retirement System lifted its holdings in shares of AMN Healthcare Services by 2.1% in the 2nd quarter. Arizona State Retirement System now owns 10,606 shares of the company’s stock valued at $543,000 after buying an additional 221 shares during the period. Pitcairn Co. boosted its stake in shares of 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 buying an additional 249 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its holdings in AMN Healthcare Services by 3.9% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,730 shares of the company’s stock worth $345,000 after acquiring an additional 252 shares during the period. 99.23% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

AMN has been the topic of several research analyst reports. BMO Capital Markets boosted their target price on shares of AMN Healthcare Services from $60.00 to $71.00 and gave the stock an “outperform” rating in a research report on Monday, August 12th. JMP Securities lowered their target price on shares of AMN Healthcare Services from $75.00 to $66.00 and set a “market outperform” rating on the stock in a research report on Tuesday, August 13th. StockNews.com lowered AMN Healthcare Services from a “hold” rating to a “sell” rating in a research note on Wednesday, July 31st. Finally, UBS Group lowered their price target on AMN Healthcare Services from $66.00 to $65.00 and set a “neutral” rating on the stock in a report on Friday, August 9th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $67.83.

AMN Healthcare Services Stock Down 0.5 %

AMN stock opened at $42.38 on Tuesday. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.23 and a quick ratio of 1.23. The company’s 50 day simple moving average is $52.98 and its 200-day simple moving average is $55.26. AMN Healthcare Services, Inc. has a 12 month low of $40.73 and a 12 month high of $87.87. The firm has a market capitalization of $1.61 billion, a PE ratio of 11.39 and a beta of 0.12.

AMN Healthcare Services (NYSE:AMN) last announced its earnings results on Thursday, August 8th. The company reported $0.98 EPS for the quarter, beating 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 firm had revenue of $740.69 million for the quarter, compared to analysts’ expectations of $740.43 million. During the same quarter in the prior year, the firm earned $2.38 EPS. AMN Healthcare Services’s quarterly revenue was down 25.3% on a year-over-year basis. Equities analysts expect that AMN Healthcare Services, Inc. will post 3.26 earnings per share for the current fiscal year.

AMN Healthcare Services 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.