AMN Healthcare Services Inc (AMN) Shares Bought by Rhumbline Advisers

Rhumbline Advisers increased its stake in AMN Healthcare Services Inc (NYSE:AMN) by 2.4% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 92,794 shares of the company’s stock after acquiring an additional 2,180 shares during the quarter. Rhumbline Advisers owned 0.19% of AMN Healthcare Services worth $4,241,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Acrospire Investment Management LLC increased its stake in AMN Healthcare Services by 13.3% during the 2nd quarter. Acrospire Investment Management LLC now owns 2,562 shares of the company’s stock valued at $100,000 after purchasing an additional 300 shares in the last quarter. Bank of Montreal Can bought a new stake in AMN Healthcare Services during the 2nd quarter valued at $105,000. Riverhead Capital Management LLC increased its stake in AMN Healthcare Services by 85.2% during the 2nd quarter. Riverhead Capital Management LLC now owns 2,963 shares of the company’s stock valued at $116,000 after purchasing an additional 1,363 shares in the last quarter. Creative Planning bought a new stake in AMN Healthcare Services during the 2nd quarter valued at $155,000. Finally, Jaffetilchin Investment Partners LLC bought a new stake in AMN Healthcare Services during the 3rd quarter valued at $217,000.

Shares of AMN Healthcare Services Inc (AMN) opened at $49.30 on Wednesday. AMN Healthcare Services Inc has a one year low of $33.61 and a one year high of $51.75. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.60. The stock has a market cap of $2,417.28, a price-to-earnings ratio of 19.84 and a beta of 0.47.

AMN Healthcare Services (NYSE:AMN) last posted its earnings results on Thursday, November 2nd. The company reported $0.63 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ 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 firm had revenue of $494.41 million during the quarter, compared to analyst estimates of $493.89 million. During the same quarter in the prior year, the business posted $0.62 EPS. The business’s revenue was up 4.6% compared to the same quarter last year. research analysts expect that AMN Healthcare Services Inc will post 2.56 earnings per share for the current year.

A number of analysts have commented on AMN shares. ValuEngine upgraded shares of AMN Healthcare Services from a “hold” rating to a “buy” rating in a research note on Saturday, August 12th. BMO Capital Markets restated a “buy” rating and set a $43.00 price target on shares of AMN Healthcare Services in a research note on Friday, September 1st. Zacks Investment Research upgraded shares of AMN Healthcare Services from a “hold” rating to a “buy” rating and set a $51.00 price target for the company in a research note on Tuesday, October 3rd. Benchmark restated a “buy” rating and set a $52.00 price target (up previously from $47.00) on shares of AMN Healthcare Services in a research note on Wednesday, October 25th. Finally, Robert W. Baird boosted their price target on shares of AMN Healthcare Services from $41.00 to $43.00 and gave the company an “outperform” rating in a research note on Friday, November 3rd. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $48.38.

In other news, CFO Brian M. Scott sold 20,000 shares of the company’s stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $50.19, for a total value of $1,003,800.00. Following the completion of the sale, the chief financial officer now owns 56,916 shares in the company, valued at approximately $2,856,614.04. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Paul E. Weaver sold 10,000 shares of the company’s stock in a transaction on Wednesday, November 29th. The stock was sold at an average price of $50.27, for a total transaction of $502,700.00. Following the completion of the sale, the director now owns 37,226 shares of the company’s stock, valued at approximately $1,871,351.02. The disclosure for this sale can be found here. In the last quarter, insiders sold 139,134 shares of company stock valued at $6,235,707. Company insiders own 2.49% of the company’s stock.

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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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