Anthracite Investment Company Inc. Takes $1.70 Million Position in AMN Healthcare Services, Inc. (NYSE:AMN)

Anthracite Investment Company Inc. bought a new position in AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 40,000 shares of the company's stock, valued at approximately $1,696,000. Anthracite Investment Company Inc. owned about 0.11% of AMN Healthcare Services as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of AMN. Vanguard Group Inc. increased its stake in AMN Healthcare Services by 0.9% in the 1st quarter. Vanguard Group Inc. now owns 4,289,179 shares of the company's stock worth $268,117,000 after buying an additional 37,676 shares in the last quarter. Pacer Advisors Inc. purchased a new position in shares of AMN Healthcare Services during the 2nd quarter worth about $99,349,000. Thrivent Financial for Lutherans boosted its stake in shares of AMN Healthcare Services by 2.4% during the third quarter. Thrivent Financial for Lutherans now owns 1,293,483 shares of the company's stock valued at $54,831,000 after purchasing an additional 30,157 shares during the period. Swedbank AB purchased a new position in AMN Healthcare Services during the 1st quarter worth $70,617,000. Finally, Vaughan Nelson Investment Management L.P. boosted its position in AMN Healthcare Services by 23.6% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 1,096,965 shares of the company's stock valued at $46,499,000 after acquiring an additional 209,180 shares in the last quarter. Institutional investors own 99.23% of the company's stock.

AMN Healthcare Services Stock Down 1.0 %

Shares of NYSE:AMN traded down $0.25 during trading on Wednesday, hitting $24.80. The company's stock had a trading volume of 787,780 shares, compared to its average volume of 853,029. The stock's 50-day moving average price is $38.73 and its two-hundred day moving average price is $49.30. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.18 and a current ratio of 1.18. AMN Healthcare Services, Inc. has a fifty-two week low of $23.37 and a fifty-two week high of $80.22. The company has a market capitalization of $944.04 million, a PE ratio of 18.09 and a beta of 0.13.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last released its quarterly earnings results on Thursday, November 7th. The company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.03. The company had revenue of $687.51 million during the quarter, compared to analysts' expectations of $670.08 million. AMN Healthcare Services had a return on equity of 17.16% and a net margin of 1.73%. During the same quarter in the prior year, the business posted $1.97 earnings per share. As a group, sell-side analysts expect that AMN Healthcare Services, Inc. will post 3.09 EPS for the current year.

Analysts Set New Price Targets

AMN has been the topic of several research analyst reports. Bank of America downgraded AMN Healthcare Services from a "neutral" rating to an "underperform" rating and dropped their price target for the company from $65.00 to $48.00 in a research note on Monday, October 7th. UBS Group decreased their target price on shares of AMN Healthcare Services from $66.00 to $65.00 and set a "neutral" rating on the stock in a report on Friday, August 9th. Benchmark reaffirmed a "hold" rating on shares of AMN Healthcare Services in a research note on Wednesday, October 2nd. BMO Capital Markets decreased their target price on AMN Healthcare Services from $50.00 to $46.00 and set an "outperform" rating for the company in a report on Monday, November 11th. Finally, StockNews.com lowered AMN Healthcare Services from a "hold" rating to a "sell" rating in a report on Wednesday, July 31st. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $48.33.

Insider Activity at AMN Healthcare Services

In other AMN Healthcare Services news, CFO Jeffrey R. Knudson sold 2,461 shares of the company's stock in a transaction dated Saturday, November 2nd. The shares were sold at an average price of $36.90, for a total transaction of $90,810.90. Following the sale, the chief financial officer now directly owns 37,550 shares of the company's stock, valued at approximately $1,385,595. This represents a 6.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.93% of the stock is owned by insiders.

AMN Healthcare Services Profile

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to healthcare facilities in the United States. It operates through three segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions. The Nurse and Allied Solutions segment offers travel nurse staffing, labor disruption staffing, local staffing, international nurse and allied permanent placement, and allied staffing solutions.