State of Tennessee Treasury Department Trims Holdings in AMN Healthcare Services Inc (AMN)

State of Tennessee Treasury Department cut its stake in AMN Healthcare Services Inc (NYSE:AMN) by 5.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 42,203 shares of the company’s stock after selling 2,667 shares during the period. State of Tennessee Treasury Department owned approximately 0.09% of AMN Healthcare Services worth $1,929,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Alps Advisors Inc. boosted its holdings in AMN Healthcare Services by 0.3% in the 2nd quarter. Alps Advisors Inc. now owns 11,736 shares of the company’s stock valued at $458,000 after purchasing an additional 30 shares during the period. Pinebridge Investments L.P. boosted its holdings in AMN Healthcare Services by 1.4% in the 2nd quarter. Pinebridge Investments L.P. now owns 6,312 shares of the company’s stock valued at $246,000 after purchasing an additional 87 shares during the period. Arizona State Retirement System boosted its holdings in AMN Healthcare Services by 0.4% in the 2nd quarter. Arizona State Retirement System now owns 24,996 shares of the company’s stock valued at $976,000 after purchasing an additional 100 shares during the period. Cipher Capital LP boosted its holdings in AMN Healthcare Services by 0.6% in the 2nd quarter. Cipher Capital LP now owns 38,511 shares of the company’s stock valued at $1,504,000 after purchasing an additional 237 shares during the period. Finally, Suntrust Banks Inc. boosted its holdings in AMN Healthcare Services by 3.1% in the 2nd quarter. Suntrust Banks Inc. now owns 9,353 shares of the company’s stock valued at $364,000 after purchasing an additional 279 shares during the period.

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In other news, Director Andrew M. Stern sold 10,000 shares of the firm’s stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $42.89, for a total value of $428,900.00. Following the transaction, the director now owns 6,668 shares of the company’s stock, valued at approximately $285,990.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Susan R. Salka sold 74,456 shares of the firm’s stock in a transaction dated Monday, November 6th. The shares were 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 directly owns 256,561 shares in the company, valued at approximately $10,739,643.46. The disclosure for this sale can be found here. Insiders sold a total of 91,362 shares of company stock valued at $3,863,304 in the last 90 days. Corporate insiders own 2.49% of the company’s stock.

AMN has been the subject of a number of recent research reports. ValuEngine upgraded shares of AMN Healthcare Services from a “hold” rating to a “buy” rating in a research note on Wednesday, September 27th. Credit Suisse Group initiated coverage on shares of AMN Healthcare Services in a research note on Tuesday, November 7th. They issued an “outperform” rating and a $48.00 price objective for the company. BMO Capital Markets restated a “buy” rating and issued a $43.00 price objective on shares of AMN Healthcare Services in a research note on Friday, September 1st. Zacks Investment Research cut shares of AMN Healthcare Services from a “buy” rating to a “hold” rating in a research note on Wednesday, October 4th. Finally, Benchmark Co. restated a “buy” rating and issued a $52.00 price objective (up previously from $47.00) on shares of AMN Healthcare Services in a research note on Wednesday, October 25th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. AMN Healthcare Services presently has an average rating of “Buy” and a consensus price target of $47.44.

Shares of AMN Healthcare Services Inc (NYSE:AMN) opened at $44.30 on Monday. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.81 and a quick ratio of 1.81. The firm has a market cap of $2,116.31, a PE ratio of 17.37 and a beta of 0.41. AMN Healthcare Services Inc has a 1 year low of $32.95 and a 1 year high of $46.60.

AMN Healthcare Services (NYSE:AMN) last posted its quarterly earnings data on Thursday, November 2nd. The company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.03. The firm had revenue of $494.41 million during the quarter, compared to analysts’ expectations of $493.89 million. AMN Healthcare Services had a net margin of 5.99% and a return on equity of 25.55%. The company’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.62 EPS. equities research analysts forecast that AMN Healthcare Services Inc will post 2.57 earnings per share for the current fiscal year.

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.

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

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