New Amsterdam Partners LLC NY Sells 13,682 Shares of AMN Healthcare Services, Inc. (AMN)

New Amsterdam Partners LLC NY reduced its position in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 14.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 78,389 shares of the company’s stock after selling 13,682 shares during the quarter. New Amsterdam Partners LLC NY owned about 0.17% of AMN Healthcare Services worth $4,288,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. WINTON GROUP Ltd raised its holdings in AMN Healthcare Services by 132.5% during the 3rd quarter. WINTON GROUP Ltd now owns 8,722 shares of the company’s stock worth $477,000 after purchasing an additional 4,971 shares during the last quarter. Torray LLC raised its holdings in AMN Healthcare Services by 15.9% during the 3rd quarter. Torray LLC now owns 16,224 shares of the company’s stock worth $887,000 after purchasing an additional 2,223 shares during the last quarter. Willingdon Wealth Management bought a new stake in AMN Healthcare Services during the 3rd quarter worth about $2,260,000. State Board of Administration of Florida Retirement System raised its holdings in AMN Healthcare Services by 9.5% during the 3rd quarter. State Board of Administration of Florida Retirement System now owns 65,857 shares of the company’s stock worth $3,602,000 after purchasing an additional 5,711 shares during the last quarter. Finally, Palouse Capital Management Inc. bought a new stake in AMN Healthcare Services during the 3rd quarter worth about $200,000.

AMN Healthcare Services stock opened at $58.27 on Wednesday. The stock has a market cap of $2.74 billion, a PE ratio of 22.76, a P/E/G ratio of 1.36 and a beta of 0.54. AMN Healthcare Services, Inc. has a 1 year low of $41.55 and a 1 year high of $68.20. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.58 and a quick ratio of 1.65.

AMN Healthcare Services (NYSE:AMN) last posted its earnings results on Wednesday, October 31st. The company reported $0.84 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.76 by $0.08. The company had revenue of $526.84 million during the quarter, compared to analyst estimates of $526.90 million. AMN Healthcare Services had a return on equity of 25.32% and a net margin of 6.96%. The company’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.63 EPS. Equities analysts forecast that AMN Healthcare Services, Inc. will post 3.27 EPS for the current year.

In other news, insider Susan R. Salka sold 11,953 shares of the business’s stock in a transaction dated Monday, November 5th. The stock was sold at an average price of $56.49, for a total transaction of $675,224.97. Following the completion of the transaction, the insider now directly owns 153,789 shares in the company, valued at approximately $8,687,540.61. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 2.18% of the stock is currently owned by insiders.

Several analysts have weighed in on AMN shares. Zacks Investment Research raised AMN Healthcare Services from a “sell” rating to a “hold” rating in a report on Tuesday, July 10th. Jefferies Financial Group restated a “buy” rating and set a $68.00 target price on shares of AMN Healthcare Services in a research report on Friday, August 3rd. Lake Street Capital decreased their target price on AMN Healthcare Services from $70.00 to $67.00 and set a “buy” rating for the company in a research report on Friday, August 3rd. Robert W. Baird restated a “hold” rating and set a $58.00 target price on shares of AMN Healthcare Services in a research report on Friday, August 3rd. Finally, ValuEngine lowered AMN Healthcare Services from a “buy” rating to a “hold” rating in a research report on Friday, August 3rd. Two analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. AMN Healthcare Services currently has a consensus rating of “Buy” and an average target price of $65.10.

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AMN Healthcare Services Company Profile

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services in the United States. The company operates through three segments: Nurse and Allied Solutions, Locum Tenens Solutions, and Other Workforce Solutions. The company offers travel nurse staffing under the American Mobile, Onward Healthcare, Nurses Rx, and O'Grady-Peyton brands; rapid response nurse staffing and labor disruption services, a shorter-term staffing solution under the NurseChoice brand; local, or per diem, staffing for daily shift work or on as-needed basis under the Nursefinders brand; and locum tenens staffing for specialties, clinicians, and dentists on an independent contractor basis on temporary assignments from a few days up to one year under the Staff Care and Locum Leaders brands.

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

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