Algert Global LLC Purchases 24,266 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

Algert Global LLC lifted its stake in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 352.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,143 shares of the company's stock after purchasing an additional 24,266 shares during the quarter. Algert Global LLC owned 0.08% of AMN Healthcare Services worth $1,595,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in AMN. Mather Group LLC. bought a new stake in shares of AMN Healthcare Services during the second quarter worth $31,000. Nisa Investment Advisors LLC grew its position in AMN Healthcare Services by 41.4% during the 2nd quarter. Nisa Investment Advisors LLC now owns 748 shares of the company's stock worth $38,000 after acquiring an additional 219 shares during the last quarter. Quarry LP increased its holdings in AMN Healthcare Services by 64.8% in the 4th quarter. Quarry LP now owns 519 shares of the company's stock worth $39,000 after purchasing an additional 204 shares in the last quarter. Geneos Wealth Management Inc. bought a new position in AMN Healthcare Services in the first quarter valued at about $58,000. Finally, GAMMA Investing LLC boosted its stake in shares of AMN Healthcare Services by 232.4% during the second quarter. GAMMA Investing LLC now owns 1,160 shares of the company's stock valued at $59,000 after purchasing an additional 811 shares in the last quarter. 99.23% of the stock is currently owned by institutional investors and hedge funds.

AMN Healthcare Services Trading Down 0.2 %

Shares of AMN traded down $0.08 during trading hours on Friday, hitting $38.32. 1,113,390 shares of the stock were exchanged, compared to its average volume of 797,384. The firm has a market capitalization of $1.46 billion, a P/E ratio of 10.48 and a beta of 0.11. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.23 and a quick ratio of 1.23. AMN Healthcare Services, Inc. has a fifty-two week low of $38.08 and a fifty-two week high of $87.68. The business has a 50-day moving average of $51.37 and a 200-day moving average of $54.81.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The company reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.22. AMN Healthcare Services had a return on equity of 23.68% and a net margin of 3.07%. The firm had revenue of $740.69 million during the quarter, compared to analyst estimates of $740.43 million. During the same period last year, the company posted $2.38 EPS. The business's quarterly revenue was down 25.3% on a year-over-year basis. On average, research analysts expect that AMN Healthcare Services, Inc. will post 3.26 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. StockNews.com downgraded AMN Healthcare Services from a "hold" rating to a "sell" rating in a research note on Wednesday, July 31st. UBS Group decreased their price target on shares of AMN Healthcare Services from $66.00 to $65.00 and set a "neutral" rating for the company in a research report on Friday, August 9th. BMO Capital Markets lifted their price target on shares of AMN Healthcare Services from $60.00 to $71.00 and gave the stock an "outperform" rating in a report on Monday, August 12th. JMP Securities restated a "market outperform" rating and issued a $66.00 price objective on shares of AMN Healthcare Services in a report on Friday. Finally, Benchmark reaffirmed a "hold" rating on shares of AMN Healthcare Services in a research report on Wednesday. One research analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $67.83.

AMN Healthcare Services Company 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.