Vanguard Group Inc. Increases Holdings in AMN Healthcare Services Inc (AMN)

Vanguard Group Inc. boosted its holdings in shares of AMN Healthcare Services Inc (NYSE:AMN) by 0.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,289,538 shares of the company’s stock after purchasing an additional 36,632 shares during the period. Vanguard Group Inc. owned approximately 8.96% of AMN Healthcare Services worth $167,507,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Acrospire Investment Management LLC lifted its stake in AMN Healthcare Services by 13.3% during the second quarter. Acrospire Investment Management LLC now owns 2,562 shares of the company’s stock valued at $100,000 after purchasing an additional 300 shares during the last quarter. FNY Partners Fund LP acquired a new stake in AMN Healthcare Services during the first quarter valued at approximately $101,000. Bank of Montreal Can acquired a new stake in AMN Healthcare Services during the second quarter valued at approximately $105,000. Riverhead Capital Management LLC lifted its stake in AMN Healthcare Services by 85.2% during the second quarter. Riverhead Capital Management LLC now owns 2,963 shares of the company’s stock valued at $116,000 after purchasing an additional 1,363 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new stake in AMN Healthcare Services during the first quarter valued at approximately $117,000.

In other AMN Healthcare Services news, insider Ralph Henderson sold 6,906 shares of AMN Healthcare Services stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $46.00, for a total value of $317,676.00. Following the transaction, the insider now owns 31,772 shares of the company’s stock, valued at $1,461,512. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 2.49% of the company’s stock.

Several equities research analysts recently commented on AMN shares. Zacks Investment Research upgraded shares of AMN Healthcare Services from a “hold” rating to a “buy” rating and set a $44.00 price target for the company in a research report on Tuesday, July 4th. ValuEngine upgraded shares of AMN Healthcare Services from a “hold” rating to a “buy” rating in a research report on Wednesday, September 27th. BMO Capital Markets restated a “buy” rating and issued a $43.00 price target on shares of AMN Healthcare Services in a research report on Friday, September 1st. Finally, Benchmark Co. restated a “buy” rating and issued a $52.00 price target (up previously from $47.00) on shares of AMN Healthcare Services in a research report on Wednesday. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $46.83.

Shares of AMN Healthcare Services Inc (NYSE AMN) opened at 43.30 on Friday. The stock has a market cap of $2.08 billion, a P/E ratio of 18.27 and a beta of 0.45. The company has a 50 day moving average of $41.70 and a 200 day moving average of $38.89. AMN Healthcare Services Inc has a 12 month low of $26.00 and a 12 month high of $46.60.

AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings data on Thursday, August 3rd. The company reported $0.67 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.60 by $0.07. The firm had revenue of $489.80 million during the quarter, compared to analysts’ expectations of $489.79 million. AMN Healthcare Services had a net margin of 6.01% and a return on equity of 26.83%. The business’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.61 earnings per share. Equities research analysts expect that AMN Healthcare Services Inc will post $3.12 earnings per share for the current fiscal year.

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AMN Healthcare Services Profile

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services at acute and sub-acute care hospitals and other healthcare facilities throughout the United States. The Company’s segments include nurse and allied solutions, locum tenens solutions and other workforce solutions.

Institutional Ownership by Quarter for AMN Healthcare Services (NYSE:AMN)

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