Hood River Capital Management LLC Buys 9,991 Shares of AMN Healthcare Services Inc (AMN)

Hood River Capital Management LLC increased its stake in AMN Healthcare Services Inc (NYSE:AMN) by 2.3% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 435,680 shares of the company’s stock after buying an additional 9,991 shares during the period. Hood River Capital Management LLC owned 0.91% of AMN Healthcare Services worth $17,013,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. BlackRock Inc. grew its stake in shares of AMN Healthcare Services by 0.6% in the 2nd quarter. BlackRock Inc. now owns 5,679,926 shares of the company’s stock worth $221,802,000 after buying an additional 32,397 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of AMN Healthcare Services by 0.9% in the 2nd quarter. Vanguard Group Inc. now owns 4,289,538 shares of the company’s stock worth $167,507,000 after buying an additional 36,632 shares during the last quarter. Dimensional Fund Advisors LP purchased a new stake in shares of AMN Healthcare Services in the 1st quarter worth approximately $68,250,000. Vaughan Nelson Investment Management L.P. grew its stake in shares of AMN Healthcare Services by 7.7% in the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 1,484,650 shares of the company’s stock worth $57,975,000 after buying an additional 106,575 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of AMN Healthcare Services by 3.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,345,029 shares of the company’s stock worth $52,523,000 after buying an additional 48,161 shares during the last quarter. Institutional investors own 99.95% of the company’s stock.

AMN Healthcare Services Inc (NYSE AMN) traded up 0.61% during trading on Friday, reaching $41.15. The company had a trading volume of 443,478 shares. AMN Healthcare Services Inc has a 12-month low of $26.00 and a 12-month high of $43.85. The stock has a 50 day moving average of $37.63 and a 200-day moving average of $38.43. The stock has a market capitalization of $1.97 billion, a P/E ratio of 17.36 and a beta of 0.47.

AMN Healthcare Services (NYSE:AMN) last released its quarterly earnings results on Thursday, August 3rd. The company reported $0.67 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.60 by $0.07. AMN Healthcare Services had a net margin of 6.01% and a return on equity of 26.83%. The business had revenue of $489.80 million for the quarter, compared to analyst estimates of $489.79 million. During the same period in the previous year, the company earned $0.61 earnings per share. The business’s revenue for the quarter was up 3.4% on a year-over-year basis. On average, analysts forecast that AMN Healthcare Services Inc will post $3.12 earnings per share for the current fiscal year.

AMN has been the topic of several recent research reports. Zacks Investment Research upgraded AMN Healthcare Services from a “hold” rating to a “buy” rating and set a $44.00 price target on the stock in a research note on Tuesday, July 4th. ValuEngine upgraded 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 issued a $43.00 price target on shares of AMN Healthcare Services in a research note on Friday, September 1st. Finally, Wells Fargo & Company initiated coverage on AMN Healthcare Services in a research note on Tuesday, June 27th. They issued an “outperform” rating and a $45.00 price target on the stock. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $44.83.

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

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