Amn Healthcare Services Inc (AMN) Stake Raised by Chicago Equity Partners LLC

Chicago Equity Partners LLC grew its stake in shares of Amn Healthcare Services Inc (NYSE:AMN) by 66.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,200 shares of the company’s stock after buying an additional 13,300 shares during the period. Chicago Equity Partners LLC owned 0.07% of Amn Healthcare Services worth $1,884,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently added to or reduced their stakes in AMN. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Amn Healthcare Services by 35.7% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,177 shares of the company’s stock valued at $180,000 after buying an additional 836 shares during the last quarter. Raymond James Financial Services Advisors Inc. bought a new stake in shares of Amn Healthcare Services during the fourth quarter valued at approximately $206,000. Creative Planning bought a new stake in shares of Amn Healthcare Services during the fourth quarter valued at approximately $209,000. M&T Bank Corp bought a new stake in shares of Amn Healthcare Services during the fourth quarter valued at approximately $210,000. Finally, Shelton Capital Management bought a new stake in shares of Amn Healthcare Services during the fourth quarter valued at approximately $212,000.

In related news, Director R Jeffrey Harris sold 19,524 shares of the business’s stock in a transaction on Thursday, May 10th. The shares were sold at an average price of $54.38, for a total value of $1,061,715.12. Following the sale, the director now owns 88,189 shares in the company, valued at $4,795,717.82. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Brian M. Scott sold 3,634 shares of the business’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $55.03, for a total transaction of $199,979.02. Following the completion of the sale, the chief financial officer now owns 78,062 shares in the company, valued at approximately $4,295,751.86. The disclosure for this sale can be found here. Insiders sold 65,333 shares of company stock worth $3,581,666 in the last 90 days. 2.18% of the stock is currently owned by company insiders.

AMN has been the topic of several recent analyst reports. SunTrust Banks lifted their price objective on shares of Amn Healthcare Services to $74.00 and gave the company a “buy” rating in a research report on Friday, April 20th. Zacks Investment Research upgraded shares of Amn Healthcare Services from a “hold” rating to a “buy” rating and set a $63.00 price objective on the stock in a research report on Wednesday, February 21st. BMO Capital Markets lifted their price objective on shares of Amn Healthcare Services to $59.00 and gave the company an “outperform” rating in a research report on Friday, February 16th. Credit Suisse Group lifted their price objective on shares of Amn Healthcare Services from $62.00 to $67.00 and gave the company an “outperform” rating in a research report on Tuesday, April 10th. Finally, Lake Street Capital lifted their price objective on shares of Amn Healthcare Services to $70.00 and gave the company a “buy” rating in a research report on Tuesday, April 10th. Two equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $62.10.

Shares of AMN opened at $56.70 on Thursday. Amn Healthcare Services Inc has a fifty-two week low of $55.45 and a fifty-two week high of $56.35. The firm has a market capitalization of $2.68 billion, a P/E ratio of 22.15, a price-to-earnings-growth ratio of 1.32 and a beta of 0.42. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 0.53.

Amn Healthcare Services (NYSE:AMN) last announced its quarterly earnings results on Thursday, May 3rd. The company reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.02. Amn Healthcare Services had a net margin of 7.11% and a return on equity of 24.50%. The company had revenue of $522.50 million for the quarter, compared to analysts’ expectations of $518.97 million. During the same quarter in the previous year, the business posted $0.65 earnings per share. Amn Healthcare Services’s quarterly revenue was up 5.5% on a year-over-year basis. analysts anticipate that Amn Healthcare Services Inc will post 3.26 EPS for the current year.

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.

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

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