AMN Healthcare Services Inc (AMN) Position Cut by Boston Partners

Boston Partners lessened its stake in AMN Healthcare Services Inc (NYSE:AMN) by 18.5% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 54,750 shares of the company’s stock after selling 12,400 shares during the period. Boston Partners owned 0.11% of AMN Healthcare Services worth $2,502,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in AMN. Teachers Advisors LLC bought a new position in AMN Healthcare Services in the 1st quarter valued at about $5,127,000. California Public Employees Retirement System bought a new position in shares of AMN Healthcare Services during the 1st quarter valued at about $503,000. Amalgamated Bank bought a new position in shares of AMN Healthcare Services during the 1st quarter valued at about $254,000. Schwab Charles Investment Management Inc. bought a new position in shares of AMN Healthcare Services during the 1st quarter valued at about $8,187,000. Finally, State Street Corp bought a new position in shares of AMN Healthcare Services during the 1st quarter valued at about $47,957,000.

Several equities analysts have recently weighed in on AMN shares. Credit Suisse Group started coverage on shares of AMN Healthcare Services in a research report on Tuesday, November 7th. They set an “outperform” rating and a $48.00 price objective for the company. Zacks Investment Research lowered shares of AMN Healthcare Services from a “buy” rating to a “hold” rating in a research report on Wednesday, October 4th. KeyCorp started coverage on shares of AMN Healthcare Services in a research report on Friday. They set an “overweight” rating and a $50.00 price objective for the company. ValuEngine upgraded shares of AMN Healthcare Services from a “hold” rating to a “buy” rating in a research report on Wednesday, September 27th. Finally, Robert W. Baird raised their price objective on shares of AMN Healthcare Services from $41.00 to $43.00 and gave the company an “outperform” rating in a research report on Friday, November 3rd. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. AMN Healthcare Services currently has an average rating of “Buy” and an average price target of $47.44.

AMN Healthcare Services Inc (NYSE AMN) opened at $44.30 on Monday. AMN Healthcare Services Inc has a fifty-two week low of $32.95 and a fifty-two week high of $46.60. The company has a market cap of $2,116.31, a PE ratio of 17.37 and a beta of 0.41. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.60.

AMN Healthcare Services (NYSE:AMN) last announced its earnings results on Thursday, November 2nd. The company reported $0.63 EPS for the quarter, topping the consensus estimate of $0.60 by $0.03. AMN Healthcare Services had a net margin of 5.99% and a return on equity of 25.55%. The company had revenue of $494.41 million during the quarter, compared to analysts’ expectations of $493.89 million. During the same period last year, the company posted $0.62 earnings per share. The business’s revenue for the quarter was up 4.6% on a year-over-year basis. sell-side analysts predict that AMN Healthcare Services Inc will post 2.57 EPS for the current year.

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In other AMN Healthcare Services news, insider Ralph Henderson sold 6,906 shares of the firm’s stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $46.00, for a total value of $317,676.00. Following the completion of the transaction, the insider now directly owns 31,772 shares in the company, valued at $1,461,512. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Susan R. Salka sold 74,456 shares of the firm’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $41.86, for a total transaction of $3,116,728.16. Following the completion of the transaction, the insider now owns 256,561 shares of the company’s stock, valued at $10,739,643.46. The disclosure for this sale can be found here. Over the last quarter, insiders sold 91,362 shares of company stock valued at $3,863,304. Corporate insiders own 2.49% of the company’s stock.

AMN Healthcare Services Company 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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