AMN Healthcare Services, Inc. (NYSE:AMN) Shares Bought by Tributary Capital Management LLC

Tributary Capital Management LLC increased its stake in AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 40.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 328,085 shares of the company's stock after buying an additional 95,204 shares during the quarter. Tributary Capital Management LLC owned about 0.86% of AMN Healthcare Services worth $7,848,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of AMN. FMR LLC lifted its stake in shares of AMN Healthcare Services by 152.4% in the third quarter. FMR LLC now owns 4,640,599 shares of the company's stock worth $196,715,000 after acquiring an additional 2,801,663 shares in the last quarter. Reinhart Partners LLC. purchased a new stake in AMN Healthcare Services during the 4th quarter worth approximately $12,341,000. Wellington Management Group LLP raised its position in shares of AMN Healthcare Services by 54.5% in the 3rd quarter. Wellington Management Group LLP now owns 773,015 shares of the company's stock valued at $32,768,000 after purchasing an additional 272,552 shares in the last quarter. Weiss Asset Management LP acquired a new stake in shares of AMN Healthcare Services during the third quarter worth approximately $10,026,000. Finally, Vaughan Nelson Investment Management L.P. increased its stake in shares of AMN Healthcare Services by 23.6% in the third quarter. Vaughan Nelson Investment Management L.P. now owns 1,096,965 shares of the company's stock worth $46,499,000 after buying an additional 209,180 shares during the last quarter. 99.23% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at AMN Healthcare Services

In related news, CFO Jeffrey R. Knudson sold 2,461 shares of the stock in a transaction that occurred on Saturday, November 2nd. The stock was sold at an average price of $36.90, for a total value of $90,810.90. Following the completion of the transaction, the chief financial officer now directly owns 37,550 shares of the company's stock, valued at $1,385,595. This represents a 6.15 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.93% of the company's stock.

AMN Healthcare Services Stock Performance

AMN stock traded down $0.11 during midday trading on Friday, reaching $27.68. The company had a trading volume of 762,579 shares, compared to its average volume of 562,326. The firm has a market capitalization of $1.05 billion, a PE ratio of 20.06 and a beta of 0.05. The stock has a 50 day moving average price of $25.79 and a 200 day moving average price of $39.65. AMN Healthcare Services, Inc. has a fifty-two week low of $22.47 and a fifty-two week high of $79.74. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.27.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last released its quarterly earnings data on Thursday, November 7th. The company reported $0.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.58 by $0.03. AMN Healthcare Services had a return on equity of 17.16% and a net margin of 1.73%. The business had revenue of $687.51 million during the quarter, compared to analyst estimates of $670.08 million. During the same quarter in the previous year, the firm posted $1.97 EPS. Analysts anticipate that AMN Healthcare Services, Inc. will post 3.07 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts have commented on AMN shares. Jefferies Financial Group reduced their price objective on shares of AMN Healthcare Services from $41.00 to $27.00 and set a "hold" rating on the stock in a research note on Wednesday, November 13th. JMP Securities reduced their price target on shares of AMN Healthcare Services from $66.00 to $57.00 and set a "market outperform" rating on the stock in a research report on Tuesday, October 22nd. BMO Capital Markets lowered their price objective 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. Benchmark restated a "hold" rating on shares of AMN Healthcare Services in a research note on Wednesday, October 2nd. Finally, William Blair lowered AMN Healthcare Services from an "outperform" rating to a "market perform" rating in a research report on Friday, November 8th. Two analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat, AMN Healthcare Services has an average rating of "Hold" and a consensus target price of $48.33.

About AMN Healthcare Services

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.