Clark Capital Management Group Inc. reduced its holdings in AMN Healthcare Services, Inc. (NYSE:AMN) by 3.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 76,731 shares of the company’s stock after selling 2,399 shares during the quarter. Clark Capital Management Group Inc. owned about 0.16% of AMN Healthcare Services worth $3,779,000 as of its most recent filing with the SEC.
Other large investors have also modified their holdings of the company. Raymond James Financial Services Advisors Inc. acquired a new stake in shares of AMN Healthcare Services in the fourth quarter valued at about $206,000. Creative Planning acquired a new stake in AMN Healthcare Services during the fourth quarter valued at approximately $209,000. M&T Bank Corp acquired a new stake in AMN Healthcare Services during the fourth quarter valued at approximately $210,000. Shelton Capital Management acquired a new stake in AMN Healthcare Services during the fourth quarter valued at approximately $212,000. Finally, Polen Capital Management LLC acquired a new stake in AMN Healthcare Services during the fourth quarter valued at approximately $223,000.
Shares of AMN traded down $0.90 during midday trading on Friday, hitting $58.10. The company had a trading volume of 566,631 shares, compared to its average volume of 459,621. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.79 and a current ratio of 1.79. The stock has a market capitalization of $2,811.84, a PE ratio of 22.70 and a beta of 0.42. AMN Healthcare Services, Inc. has a 1 year low of $34.71 and a 1 year high of $60.80.
AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings data on Thursday, February 15th. The company reported $0.63 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.63. The business had revenue of $509.10 million during 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 business’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.62 EPS. analysts predict that AMN Healthcare Services, Inc. will post 3.25 EPS for the current year.
In other AMN Healthcare Services news, insider Ralph Henderson sold 10,178 shares of AMN Healthcare Services stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $56.20, for a total transaction of $572,003.60. Following the transaction, the insider now owns 37,574 shares of the company’s stock, valued at $2,111,658.80. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Susan R. Salka sold 95,219 shares of AMN Healthcare Services stock in a transaction that occurred on Friday, January 12th. The shares were sold at an average price of $49.35, for a total value of $4,699,057.65. Following the completion of the transaction, the insider now owns 222,168 shares in the company, valued at $10,963,990.80. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 131,835 shares of company stock worth $6,701,558. 2.18% of the stock is currently owned by corporate insiders.
A number of research analysts have recently issued reports on the stock. BMO Capital Markets lifted their target price on shares of AMN Healthcare Services from $59.00 to $64.00 and gave the company an “outperform” rating in a research note on Thursday, March 22nd. They noted that the move was a valuation call. Zacks Investment Research upgraded shares of AMN Healthcare Services from a “hold” rating to a “buy” rating and set a $63.00 price objective for the company in a research report on Wednesday, February 21st. ValuEngine raised AMN Healthcare Services from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Robert W. Baird increased their price objective on AMN Healthcare Services from $43.00 to $60.00 and gave the company a “positive” rating in a research note on Friday, February 16th. Finally, Lake Street Capital reaffirmed a “buy” rating and issued a $61.00 target price (up from $50.00) on shares of AMN Healthcare Services in a research note on Friday, February 16th. Eleven equities research analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and a consensus price target of $58.10.
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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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