Lighthouse Investment Partners LLC Acquires New Shares in AMN Healthcare Services, Inc. (NYSE:AMN)

Lighthouse Investment Partners LLC acquired a new position in shares of AMN Healthcare Services, Inc. (NYSE:AMN) in the 2nd quarter, HoldingsChannel.com reports. The fund acquired 18,049 shares of the company’s stock, valued at approximately $925,000.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in shares of AMN Healthcare Services by 0.9% in the first quarter. Vanguard Group Inc. now owns 4,289,179 shares of the company’s stock valued at $268,117,000 after purchasing an additional 37,676 shares in the last quarter. Pacer Advisors Inc. acquired a new position in shares of AMN Healthcare Services during the 2nd quarter worth approximately $99,349,000. Thrivent Financial for Lutherans raised its position in shares of AMN Healthcare Services by 3,753.6% during the 2nd quarter. Thrivent Financial for Lutherans now owns 1,263,326 shares of the company’s stock worth $64,721,000 after purchasing an additional 1,230,543 shares during the last quarter. Swedbank AB purchased a new stake in AMN Healthcare Services in the 1st quarter valued at approximately $70,617,000. Finally, Dimensional Fund Advisors LP grew its holdings in AMN Healthcare Services by 3.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,043,662 shares of the company’s stock valued at $53,468,000 after buying an additional 37,760 shares during the last quarter. 99.23% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

AMN Healthcare Services Trading Down 0.1 %

AMN Healthcare Services stock opened at $42.57 on Friday. AMN Healthcare Services, Inc. has a 1 year low of $40.73 and a 1 year high of $87.87. The firm’s 50-day moving average is $52.98 and its 200-day moving average is $55.32. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.23 and a current ratio of 1.23. The company has a market cap of $1.62 billion, a P/E ratio of 11.44 and a beta of 0.12.

AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.98 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.22. The firm had revenue of $740.69 million during the quarter, compared to the consensus estimate of $740.43 million. AMN Healthcare Services had a return on equity of 23.68% and a net margin of 3.07%. The firm’s revenue was down 25.3% on a year-over-year basis. During the same period in the prior year, the business earned $2.38 EPS. On average, equities analysts expect that AMN Healthcare Services, Inc. will post 3.26 earnings per share for the current 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.