Shell Asset Management Co. purchased a new position in shares of AMN Healthcare Services, Inc. (NYSE:AMN) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 55,084 shares of the company’s stock, valued at approximately $2,713,000. Shell Asset Management Co. owned approximately 0.12% of AMN Healthcare Services at the end of the most recent quarter.
Several other hedge funds also recently added to or reduced their stakes in AMN. Creative Planning acquired a new stake in shares of AMN Healthcare Services during the fourth quarter worth approximately $209,000. M&T Bank Corp bought a new position in AMN Healthcare Services during the fourth quarter worth $210,000. Shelton Capital Management bought a new position in AMN Healthcare Services during the fourth quarter worth $212,000. Jaffetilchin Investment Partners LLC bought a new position in AMN Healthcare Services during the third quarter worth $217,000. Finally, SG Americas Securities LLC lifted its stake in AMN Healthcare Services by 46.2% during the third quarter. SG Americas Securities LLC now owns 9,177 shares of the company’s stock worth $419,000 after purchasing an additional 2,900 shares during the last quarter.
Shares of AMN Healthcare Services, Inc. (AMN) opened at $56.90 on Thursday. The company has a quick ratio of 1.81, a current ratio of 1.79 and a debt-to-equity ratio of 0.57. The stock has a market capitalization of $2,692.70, a price-to-earnings ratio of 21.15 and a beta of 0.51. AMN Healthcare Services, Inc. has a one year low of $34.71 and a one year high of $58.40.
AMN Healthcare Services (NYSE:AMN) last posted its earnings results on Thursday, February 15th. The company reported $0.63 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.63. The company had revenue of $509.10 million for the quarter, compared to analysts’ expectations of $501.64 million. AMN Healthcare Services had a return on equity of 24.26% and a net margin of 6.67%. The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same period last year, the business posted $0.62 earnings per share. equities research analysts anticipate that AMN Healthcare Services, Inc. will post 3.25 EPS for the current fiscal year.
AMN has been the topic of several research analyst reports. Jefferies Group initiated coverage on AMN Healthcare Services in a research note on Thursday, February 1st. They set a “buy” rating and a $66.00 price objective on the stock. ValuEngine upgraded AMN Healthcare Services from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Credit Suisse Group initiated coverage on AMN Healthcare Services in a research note on Tuesday, November 7th. They set an “outperform” rating and a $48.00 price objective on the stock. Benchmark restated a “buy” rating and set a $60.00 price objective (up from $52.00) on shares of AMN Healthcare Services in a research note on Monday, January 8th. Finally, KeyCorp initiated coverage on AMN Healthcare Services in a research note on Friday, November 17th. They set an “overweight” rating and a $50.00 price objective on the stock. Eleven analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and an average target price of $57.60.
In other AMN Healthcare Services news, CFO Brian M. Scott sold 3,634 shares of the firm’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $55.03, for a total value of $199,979.02. Following the sale, the chief financial officer now directly owns 78,062 shares in the company, valued at $4,295,751.86. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Ralph Henderson sold 10,178 shares of the firm’s stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $56.20, for a total value of $572,003.60. Following the completion of the sale, the insider now owns 37,574 shares in the company, valued at $2,111,658.80. The disclosure for this sale can be found here. Insiders sold 183,400 shares of company stock worth $9,264,484 over the last quarter. 2.49% of the stock is currently owned by company insiders.
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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.
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