Vaughan Nelson Investment Management L.P. boosted its stake in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 23.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,096,965 shares of the company's stock after buying an additional 209,180 shares during the period. Vaughan Nelson Investment Management L.P. owned approximately 2.89% of AMN Healthcare Services worth $46,499,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of AMN. Vanguard Group Inc. boosted its position in AMN Healthcare Services by 0.9% during the first quarter. Vanguard Group Inc. now owns 4,289,179 shares of the company's stock valued at $268,117,000 after purchasing an additional 37,676 shares in the last quarter. Pacer Advisors Inc. acquired a new position in shares of AMN Healthcare Services during the 2nd quarter worth about $99,349,000. Thrivent Financial for Lutherans raised its stake in AMN Healthcare Services by 3,753.6% during the 2nd quarter. Thrivent Financial for Lutherans now owns 1,263,326 shares of the company's stock valued at $64,721,000 after acquiring an additional 1,230,543 shares during the last quarter. Swedbank AB purchased a new stake in AMN Healthcare Services during the 1st quarter valued at approximately $70,617,000. Finally, Dimensional Fund Advisors LP raised its stake in AMN Healthcare Services by 3.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,043,662 shares of the company's stock valued at $53,468,000 after acquiring an additional 37,760 shares during the last quarter. Hedge funds and other institutional investors own 99.23% of the company's stock.
Analysts Set New Price Targets
A number of equities analysts have recently issued reports on AMN shares. Jefferies Financial Group cut their target price on AMN Healthcare Services from $41.00 to $27.00 and set a "hold" rating for the company in a research note on Wednesday. UBS Group lowered their price target on AMN Healthcare Services from $66.00 to $65.00 and set a "neutral" rating on the stock in a report on Friday, August 9th. Bank of America cut AMN Healthcare Services from a "neutral" rating to an "underperform" rating and lowered their price target for the stock from $65.00 to $48.00 in a report on Monday, October 7th. BMO Capital Markets lowered their price target on AMN Healthcare Services from $50.00 to $46.00 and set an "outperform" rating on the stock in a report on Monday, November 11th. Finally, StockNews.com cut AMN Healthcare Services from a "hold" rating to a "sell" rating in a report on Wednesday, July 31st. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $48.33.
View Our Latest Stock Analysis on AMN
Insider Buying and Selling
In other AMN Healthcare Services news, CFO Jeffrey R. Knudson sold 2,461 shares of the company's stock in a transaction 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 transaction, the chief financial officer now 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.93% of the stock is owned by corporate insiders.
AMN Healthcare Services Trading Down 0.7 %
Shares of AMN stock traded down $0.17 during mid-day trading on Friday, hitting $23.70. 1,391,336 shares of the company's stock were exchanged, compared to its average volume of 1,239,166. The company has a quick ratio of 1.23, a current ratio of 1.18 and a debt-to-equity ratio of 1.27. The stock has a market cap of $902.26 million, a price-to-earnings ratio of 17.17 and a beta of 0.13. The stock has a 50-day simple moving average of $39.51 and a two-hundred day simple moving average of $49.85. AMN Healthcare Services, Inc. has a fifty-two week low of $23.37 and a fifty-two week high of $80.22.
AMN Healthcare Services (NYSE:AMN - Get Free Report) last released its quarterly earnings data on Thursday, November 7th. The company reported $0.61 EPS for the quarter, beating the consensus estimate 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 company had revenue of $687.51 million for the quarter, compared to analyst estimates of $670.08 million. During the same period last year, the company posted $1.97 earnings per share. Equities analysts expect that AMN Healthcare Services, Inc. will post 3.09 EPS for the current fiscal year.
AMN Healthcare Services Company Profile
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Free Report)
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.
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