New York State Teachers Retirement System raised its position in AMN Healthcare Services Inc. (NYSE:AHS) by 8.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 152,995 shares of the company’s stock after buying an additional 12,200 shares during the period. New York State Teachers Retirement System’s holdings in AMN Healthcare Services were worth $6,115,000 at the end of the most recent quarter.
Other institutional investors have also added to or reduced their stakes in the company. Parametrica Management Ltd acquired a new position in AMN Healthcare Services during the second quarter worth $202,000. M&T Bank Corp acquired a new position in AMN Healthcare Services during the first quarter worth $241,000. Creative Planning boosted its position in AMN Healthcare Services by 35.7% in the second quarter. Creative Planning now owns 6,320 shares of the company’s stock worth $253,000 after buying an additional 1,661 shares in the last quarter. Foundry Partners LLC boosted its position in AMN Healthcare Services by 0.7% in the second quarter. Foundry Partners LLC now owns 6,400 shares of the company’s stock worth $256,000 after buying an additional 45 shares in the last quarter. Finally, Eqis Capital Management Inc. boosted its position in AMN Healthcare Services by 20.9% in the second quarter. Eqis Capital Management Inc. now owns 12,434 shares of the company’s stock worth $497,000 after buying an additional 2,150 shares in the last quarter. Institutional investors and hedge funds own 97.50% of the company’s stock.
Shares of AMN Healthcare Services Inc. (NYSE:AHS) traded up 1.08% during trading on Friday, reaching $31.87. The company had a trading volume of 1,499,543 shares. The firm has a market capitalization of $1.53 billion, a price-to-earnings ratio of 14.77 and a beta of 1.12. The firm has a 50-day moving average of $34.84 and a 200 day moving average of $37.05. AMN Healthcare Services Inc. has a 52 week low of $21.24 and a 52 week high of $44.99.
AMN Healthcare Services (NYSE:AHS) last posted its earnings results on Thursday, August 4th. The company reported $0.61 EPS for the quarter, topping the Zacks’ consensus estimate of $0.53 by $0.08. The company had revenue of $473.70 million for the quarter, compared to the consensus estimate of $455.14 million. AMN Healthcare Services had a return on equity of 29.27% and a net margin of 6.14%. AMN Healthcare Services’s quarterly revenue was up 35.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.38 earnings per share. On average, equities research analysts forecast that AMN Healthcare Services Inc. will post $2.29 earnings per share for the current year.
A number of equities analysts have recently weighed in on the company. Lake Street Capital increased their price target on AMN Healthcare Services from $46.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, August 5th. BMO Capital Markets reiterated a “buy” rating and set a $47.00 price target on shares of AMN Healthcare Services in a report on Wednesday, September 7th. Six research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $45.80.
In other AMN Healthcare Services news, insider Susan R. Salka sold 30,000 shares of the business’s stock in a transaction on Friday, July 22nd. The stock was sold at an average price of $44.00, for a total transaction of $1,320,000.00. Following the sale, the insider now directly owns 288,688 shares in the company, valued at $12,702,272. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 2.60% of the company’s stock.
AMN Healthcare Services Company Profile
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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