AMN Healthcare Services, Inc. (NYSE:AMN) Shares Sold by BlackRock Inc.

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.

In related news, Director Martha H. Marsh sold 12,001 shares of the stock in a transaction that occurred on Friday, June 7th. The stock was sold at an average price of $51.41, for a total transaction of $616,971.41. Following the sale, the director now owns 44,358 shares of the company’s stock, valued at $2,280,444.78. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Andrew M. Stern sold 4,668 shares of the stock in a transaction that occurred on Friday, May 10th. The stock was sold at an average price of $52.09, for a total value of $243,156.12. Following the sale, the director now directly owns 4,168 shares in the company, valued at approximately $217,111.12. The disclosure for this sale can be found here. Insiders have sold 85,084 shares of company stock worth $4,275,670 in the last three months. 2.07% of the stock is currently owned by company insiders.

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.

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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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Institutional Ownership by Quarter for AMN Healthcare Services (NYSE:AMN)

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