BlackRock Inc. decreased its holdings in AMN Healthcare Services, Inc. (NYSE:AMN) by 0.3% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,760,365 shares of the company’s stock after selling 20,898 shares during the period. BlackRock Inc. owned about 0.15% of AMN Healthcare Services worth $318,346,000 at the end of the most recent quarter.
A number of other large investors have also added to or reduced their stakes in the business. Torray LLC raised its stake in AMN Healthcare Services by 1.2% in the fourth quarter. Torray LLC now owns 16,411 shares of the company’s stock valued at $930,000 after buying an additional 187 shares during the period. Piedmont Investment Advisors Inc. raised its stake in AMN Healthcare Services by 1.9% in the fourth quarter. Piedmont Investment Advisors Inc. now owns 11,141 shares of the company’s stock valued at $631,000 after buying an additional 204 shares during the period. ETF Managers Group LLC raised its stake in AMN Healthcare Services by 9.8% in the first quarter. ETF Managers Group LLC now owns 2,522 shares of the company’s stock valued at $119,000 after buying an additional 226 shares during the period. Private Capital Group LLC raised its stake in AMN Healthcare Services by 8.9% in the first quarter. Private Capital Group LLC now owns 3,003 shares of the company’s stock valued at $141,000 after buying an additional 246 shares during the period. Finally, Legal & General Group Plc raised its stake in AMN Healthcare Services by 0.3% in the fourth quarter. Legal & General Group Plc now owns 110,580 shares of the company’s stock valued at $6,259,000 after buying an additional 301 shares during the period. Hedge funds and other institutional investors own 96.78% of the company’s stock.
AMN has been the topic of a number of recent research reports. ValuEngine lowered AMN Healthcare Services from a “hold” rating to a “sell” rating in a research note on Tuesday, March 19th. Sidoti set a $73.00 target price on AMN Healthcare Services and gave the stock a “buy” rating in a research note on Friday, February 15th. Benchmark set a $66.00 target price on AMN Healthcare Services and gave the stock a “buy” rating in a research note on Thursday, March 28th. Finally, Zacks Investment Research lowered AMN Healthcare Services from a “hold” rating to a “sell” rating in a research note on Monday, February 18th. One analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $65.88.
Shares of NYSE AMN opened at $52.17 on Friday. The company has a market cap of $2.43 billion, a PE ratio of 15.86, a PEG ratio of 1.39 and a beta of 0.85. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.47 and a current ratio of 1.47. AMN Healthcare Services, Inc. has a 1-year low of $45.04 and a 1-year high of $65.81.
AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings results on Thursday, May 2nd. The company reported $0.75 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.69 by $0.06. The business had revenue of $532.40 million for the quarter, compared to the consensus estimate of $525.24 million. AMN Healthcare Services had a return on equity of 24.75% and a net margin of 6.21%. The firm’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.81 earnings per share. Equities research analysts predict that AMN Healthcare Services, Inc. will post 2.94 earnings per share for the current year.
About AMN Healthcare Services
AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to healthcare facilities in the United States. The company operates through three segments: Nurse and Allied Solutions, Locum Tenens Solutions, and Other Workforce Solutions. The company offers travel nurse staffing under the American Mobile, Onward Healthcare, Nurses Rx, and O'Grady-Peyton brands; nurse staffing and labor disruption services, a shorter-term staffing solution under the NurseChoice brand; local, or per diem, staffing for daily shift work or on as-needed basis under the Nursefinders brand; and locum tenens staffing for specialties, clinicians, and dentists on an independent contractor basis on temporary assignments under the Staff Care and Locum Leaders brands.
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