Legal & General Group Plc Raises Position in AMN Healthcare Services, Inc. (AMN)

Legal & General Group Plc raised its stake in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 8.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 98,523 shares of the company’s stock after purchasing an additional 7,541 shares during the period. Legal & General Group Plc owned 0.21% of AMN Healthcare Services worth $4,498,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Acrospire Investment Management LLC lifted its holdings in shares of AMN Healthcare Services by 13.3% in the 2nd quarter. Acrospire Investment Management LLC now owns 2,562 shares of the company’s stock valued at $100,000 after acquiring an additional 300 shares during the last quarter. Bank of Montreal Can bought a new position in shares of AMN Healthcare Services in the 2nd quarter valued at about $105,000. Riverhead Capital Management LLC lifted its holdings in shares of AMN Healthcare Services by 85.2% in the 2nd quarter. Riverhead Capital Management LLC now owns 2,963 shares of the company’s stock valued at $116,000 after acquiring an additional 1,363 shares during the last quarter. Jaffetilchin Investment Partners LLC bought a new position in shares of AMN Healthcare Services in the 3rd quarter valued at about $217,000. Finally, SG Americas Securities LLC lifted its holdings in shares of AMN Healthcare Services by 117.2% in the 2nd quarter. SG Americas Securities LLC now owns 6,277 shares of the company’s stock valued at $245,000 after acquiring an additional 3,387 shares during the last quarter.

A number of research analysts recently commented on the stock. KeyCorp reaffirmed a “buy” rating and issued a $56.00 price target on shares of AMN Healthcare Services in a report on Thursday, December 7th. Zacks Investment Research raised shares of AMN Healthcare Services from a “hold” rating to a “buy” rating and set a $51.00 price target for the company in a report on Tuesday, October 3rd. Robert W. Baird increased their price objective on shares of AMN Healthcare Services from $41.00 to $43.00 and gave the stock an “outperform” rating in a research report on Friday, November 3rd. Benchmark reissued a “buy” rating and issued a $60.00 price objective (up from $52.00) on shares of AMN Healthcare Services in a research report on Monday. Finally, SunTrust Banks reissued a “buy” rating and issued a $58.00 price objective on shares of AMN Healthcare Services in a research report on Friday, December 8th. One investment analyst has rated the stock with a sell rating and nine have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $51.00.

AMN Healthcare Services, Inc. (AMN) traded up $0.15 during trading on Thursday, reaching $49.15. 524,944 shares of the company were exchanged, compared to its average volume of 381,018. The stock has a market cap of $2,370.00, a price-to-earnings ratio of 20.65 and a beta of 0.47. AMN Healthcare Services, Inc. has a 12 month low of $33.61 and a 12 month high of $51.75. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.81 and a quick ratio of 1.81.

AMN Healthcare Services (NYSE:AMN) last issued its earnings results on Thursday, November 2nd. The company reported $0.63 EPS for the quarter, topping the Zacks’ consensus estimate of $0.60 by $0.03. The business had revenue of $494.41 million for the quarter, compared to analyst estimates of $493.89 million. AMN Healthcare Services had a net margin of 5.99% and a return on equity of 25.55%. The company’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same period last year, the company posted $0.62 earnings per share. equities analysts predict that AMN Healthcare Services, Inc. will post 2.56 EPS for the current year.

In related news, Director Douglas D. Wheat sold 3,793 shares of AMN Healthcare Services stock in a transaction that occurred on Tuesday, December 5th. The shares were sold at an average price of $50.23, for a total transaction of $190,522.39. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Susan R. Salka sold 74,456 shares of AMN Healthcare Services stock in a transaction that occurred on Monday, November 6th. The shares were sold at an average price of $41.86, for a total transaction of $3,116,728.16. Following the transaction, the insider now directly owns 256,561 shares in the company, valued at $10,739,643.46. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 136,021 shares of company stock worth $6,108,554. Corporate insiders own 2.49% of the company’s stock.

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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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