Boston Advisors LLC raised its position in shares of AMN Healthcare Services, Inc. (NYSE:AHS) by 0.3% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 15,995 shares of the company’s stock after buying an additional 45 shares during the period. Boston Advisors LLC’s holdings in AMN Healthcare Services were worth $639,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Commonwealth Equity Services Inc acquired a new position in AMN Healthcare Services during the first quarter worth about $511,000. Aperio Group LLC boosted its position in AMN Healthcare Services by 42.9% in the first quarter. Aperio Group LLC now owns 21,419 shares of the company’s stock worth $720,000 after buying an additional 6,431 shares during the last quarter. Pacad Investment Ltd. acquired a new position in AMN Healthcare Services during the first quarter worth about $575,000. Teachers Advisors Inc. boosted its position in AMN Healthcare Services by 16.4% in the first quarter. Teachers Advisors Inc. now owns 93,622 shares of the company’s stock worth $3,147,000 after buying an additional 13,171 shares during the last quarter. Finally, Prudential Financial Inc. boosted its position in AMN Healthcare Services by 6.4% in the first quarter. Prudential Financial Inc. now owns 117,742 shares of the company’s stock worth $3,957,000 after buying an additional 7,111 shares during the last quarter. 97.50% of the stock is owned by hedge funds and other institutional investors.
AMN Healthcare Services, Inc. (NYSE:AHS) traded down 1.95% on Tuesday, hitting $30.61. The stock had a trading volume of 1,122,154 shares. AMN Healthcare Services, Inc. has a 52 week low of $21.24 and a 52 week high of $44.99. The stock has a market capitalization of $1.47 billion, a price-to-earnings ratio of 14.18 and a beta of 0.85. The company has a 50-day moving average price of $34.57 and a 200-day moving average price of $37.11.
AMN Healthcare Services (NYSE:AHS) last posted its quarterly earnings results on Thursday, August 4th. The company reported $0.61 EPS for the quarter, topping analysts’ consensus estimates of $0.53 by $0.08. The company had revenue of $473.70 million for the quarter, compared to analysts’ expectations of $455.14 million. AMN Healthcare Services had a net margin of 6.14% and a return on equity of 29.27%. AMN Healthcare Services’s revenue was up 35.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.38 EPS. Equities research analysts anticipate that AMN Healthcare Services, Inc. will post $2.29 earnings per share for the current fiscal year.
AHS has been the subject of a number of research analyst reports. BMO Capital Markets reissued a “buy” rating on shares of AMN Healthcare Services in a research note on Monday, June 6th. Lake Street Capital boosted their target price on AMN Healthcare Services from $46.00 to $50.00 and gave the company a “buy” rating in a research note on Friday, August 5th. Six equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. AMN Healthcare Services has an average rating of “Buy” and an average price target of $45.80.
In related news, insider Susan R. Salka sold 30,000 shares of AMN Healthcare Services stock in a transaction that occurred on Friday, July 22nd. The shares were sold at an average price of $44.00, for a total value of $1,320,000.00. Following the sale, the insider now owns 288,688 shares of the company’s stock, valued at approximately $12,702,272. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 2.60% of the stock is currently owned by corporate insiders.
About AMN Healthcare Services
AMN Healthcare Services, Inc (AMN Healthcare) offers healthcare workforce solutions and staffing services to healthcare facilities. The Company operates through three segments: Nurse and Allied Healthcare Staffing Segment, Locum Tenens Staffing Segment and Physician Permanent Placement Services Segment.
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