AMN Healthcare Services, Inc. (AMN) Shares Sold by Metropolitan Life Insurance Co. NY

Metropolitan Life Insurance Co. NY cut its stake in AMN Healthcare Services, Inc. (NYSE:AMN) by 53.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 14,980 shares of the company’s stock after selling 16,860 shares during the quarter. Metropolitan Life Insurance Co. NY’s holdings in AMN Healthcare Services were worth $738,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. BlackRock Inc. lifted its holdings in AMN Healthcare Services by 3.0% in the fourth quarter. BlackRock Inc. now owns 5,934,876 shares of the company’s stock worth $292,292,000 after buying an additional 174,113 shares during the period. Legal & General Group Plc lifted its holdings in AMN Healthcare Services by 8.3% in the third quarter. Legal & General Group Plc now owns 98,523 shares of the company’s stock worth $4,498,000 after buying an additional 7,541 shares during the period. Wells Fargo & Company MN lifted its holdings in AMN Healthcare Services by 23.2% in the third quarter. Wells Fargo & Company MN now owns 849,157 shares of the company’s stock worth $38,807,000 after buying an additional 159,777 shares during the period. Copper Rock Capital Partners LLC lifted its holdings in shares of AMN Healthcare Services by 3.6% during the fourth quarter. Copper Rock Capital Partners LLC now owns 757,574 shares of the company’s stock valued at $37,614,000 after purchasing an additional 26,252 shares during the last quarter. Finally, Swiss National Bank lifted its holdings in shares of AMN Healthcare Services by 3.2% during the fourth quarter. Swiss National Bank now owns 81,700 shares of the company’s stock valued at $4,024,000 after purchasing an additional 2,500 shares during the last quarter.

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Shares of AMN opened at $58.10 on Friday. The company has a market cap of $2,768.93, a P/E ratio of 22.70 and a beta of 0.42. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 0.57. AMN Healthcare Services, Inc. has a twelve month low of $34.71 and a twelve month high of $60.80.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings results on Thursday, February 15th. The company reported $0.63 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.63. The company had revenue of $509.10 million during the quarter, compared to the consensus estimate of $501.64 million. AMN Healthcare Services had a net margin of 6.67% and a return on equity of 24.26%. The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.62 earnings per share. sell-side analysts anticipate that AMN Healthcare Services, Inc. will post 3.25 EPS for the current fiscal year.

In related news, CFO Brian M. Scott sold 3,634 shares of the firm’s stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $55.03, for a total transaction of $199,979.02. Following the completion of the sale, the chief financial officer now owns 78,062 shares of the company’s stock, valued at $4,295,751.86. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Brian M. Scott sold 6,366 shares of the firm’s stock in a transaction that occurred on Friday, February 2nd. The shares were sold at an average price of $55.15, for a total transaction of $351,084.90. Following the sale, the chief financial officer now directly owns 62,987 shares of the company’s stock, valued at approximately $3,473,733.05. The disclosure for this sale can be found here. Insiders have sold 131,835 shares of company stock valued at $6,701,558 in the last three months. 2.18% of the stock is owned by insiders.

Several equities analysts have recently issued reports on AMN shares. BMO Capital Markets reiterated a “buy” rating and set a $54.00 target price on shares of AMN Healthcare Services in a report on Monday, January 22nd. ValuEngine upgraded shares of AMN Healthcare Services from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Robert W. Baird lifted their target price on shares of AMN Healthcare Services from $43.00 to $60.00 and gave the company a “positive” rating in a report on Friday, February 16th. Zacks Investment Research lowered shares of AMN Healthcare Services from a “hold” rating to a “sell” rating in a report on Tuesday, January 2nd. Finally, Benchmark reiterated a “buy” rating and set a $60.00 target price (up from $52.00) on shares of AMN Healthcare Services in a report on Monday, January 8th. Eleven analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and a consensus target price of $58.10.

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

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