Vaughan Nelson Investment Management L.P. lessened its stake in AMN Healthcare Services Inc (NYSE:AMN) by 1.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,466,725 shares of the company’s stock after selling 17,925 shares during the period. Vaughan Nelson Investment Management L.P. owned 3.06% of AMN Healthcare Services worth $67,030,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds have also modified their holdings of the company. Tributary Capital Management LLC lifted its holdings in shares of AMN Healthcare Services by 17.3% during the third quarter. Tributary Capital Management LLC now owns 546,369 shares of the company’s stock worth $24,969,000 after purchasing an additional 80,458 shares during the period. Baltimore Washington Financial Advisors Inc. lifted its holdings in AMN Healthcare Services by 1.6% in the third quarter. Baltimore Washington Financial Advisors Inc. now owns 75,945 shares of the company’s stock valued at $3,471,000 after acquiring an additional 1,220 shares during the period. Eqis Capital Management Inc. lifted its holdings in AMN Healthcare Services by 118.4% in the third quarter. Eqis Capital Management Inc. now owns 17,776 shares of the company’s stock valued at $812,000 after acquiring an additional 9,637 shares during the period. Hillcrest Asset Management LLC acquired a new position in AMN Healthcare Services in the second quarter valued at approximately $10,148,000. Finally, Piedmont Investment Advisors LLC acquired a new position in AMN Healthcare Services in the second quarter valued at approximately $404,000.
AMN Healthcare Services Inc (AMN) traded up $0.80 during mid-day trading on Friday, reaching $43.85. The company’s stock had a trading volume of 397,800 shares, compared to its average volume of 567,308. The company has a quick ratio of 1.66, a current ratio of 1.81 and a debt-to-equity ratio of 0.60. The firm has a market cap of $2,057.79, a price-to-earnings ratio of 16.89 and a beta of 0.41. AMN Healthcare Services Inc has a 52 week low of $28.95 and a 52 week high of $46.60.
AMN Healthcare Services (NYSE:AMN) last released its quarterly earnings data on Thursday, November 2nd. The company reported $0.63 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.03. The business had revenue of $494.41 million for the quarter, compared to the consensus estimate of $493.89 million. AMN Healthcare Services had a return on equity of 25.55% and a net margin of 5.99%. The business’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.62 EPS. equities analysts anticipate that AMN Healthcare Services Inc will post 2.57 earnings per share for the current fiscal year.
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A number of analysts have recently commented on the company. Credit Suisse Group began coverage on AMN Healthcare Services in a research report on Tuesday. They set an “outperform” rating and a $48.00 price target for the company. Robert W. Baird upped their target price on AMN Healthcare Services from $41.00 to $43.00 and gave the company an “outperform” rating in a report on Friday, November 3rd. Benchmark Co. restated a “buy” rating and issued a $52.00 target price (up from $47.00) on shares of AMN Healthcare Services in a report on Wednesday, October 25th. Zacks Investment Research cut AMN Healthcare Services from a “buy” rating to a “hold” rating in a report on Wednesday, October 4th. Finally, ValuEngine upgraded AMN Healthcare Services from a “hold” rating to a “buy” rating in a report on Wednesday, September 27th. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $46.50.
In related news, insider Ralph Henderson sold 6,906 shares of AMN Healthcare Services stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $46.00, for a total transaction of $317,676.00. Following the completion of the transaction, the insider now directly 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 the SEC website. Also, insider Susan R. Salka sold 74,456 shares of AMN Healthcare Services stock in a transaction on Monday, November 6th. The stock was sold at an average price of $41.86, for a total value of $3,116,728.16. Following the transaction, the insider now directly owns 256,561 shares of the company’s stock, valued at $10,739,643.46. The disclosure for this sale can be found here. Company insiders own 2.49% of the company’s stock.
About AMN Healthcare Services
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.
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