Quantinno Capital Management LP Has $1.01 Million Stock Holdings in AMN Healthcare Services Inc $AMN

Quantinno Capital Management LP increased its stake in shares of AMN Healthcare Services Inc (NYSE:AMN) by 248.8% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 54,938 shares of the company’s stock after buying an additional 39,187 shares during the period. Quantinno Capital Management LP’s holdings in AMN Healthcare Services were worth $1,008,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of AMN. Tower Research Capital LLC TRC lifted its position in AMN Healthcare Services by 49.2% during the second quarter. Tower Research Capital LLC TRC now owns 3,093 shares of the company’s stock worth $64,000 after acquiring an additional 1,020 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of AMN Healthcare Services by 2.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,938 shares of the company’s stock valued at $1,050,000 after purchasing an additional 1,153 shares during the last quarter. Swiss National Bank increased its stake in shares of AMN Healthcare Services by 1.9% during the fourth quarter. Swiss National Bank now owns 75,600 shares of the company’s stock worth $1,191,000 after purchasing an additional 1,400 shares during the period. Creative Planning increased its stake in shares of AMN Healthcare Services by 11.0% during the third quarter. Creative Planning now owns 14,664 shares of the company’s stock worth $284,000 after purchasing an additional 1,451 shares during the period. Finally, Orion Porfolio Solutions LLC increased its stake in shares of AMN Healthcare Services by 6.1% during the second quarter. Orion Porfolio Solutions LLC now owns 29,339 shares of the company’s stock worth $606,000 after purchasing an additional 1,679 shares during the period. 99.23% of the stock is owned by institutional investors.

Insider Buying and Selling at AMN Healthcare Services

In other news, Director Mark G. Foletta sold 3,681 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $31.07, for a total transaction of $114,368.67. Following the completion of the sale, the director directly owned 17,917 shares in the company, valued at approximately $556,681.19. This represents a 17.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.07% of the company’s stock.

AMN Healthcare Services Stock Down 0.1%

NYSE AMN opened at $34.47 on Friday. The company has a current ratio of 1.13, a quick ratio of 1.09 and a debt-to-equity ratio of 1.00. AMN Healthcare Services Inc has a 1-year low of $14.97 and a 1-year high of $37.22. The company has a 50 day moving average of $32.88 and a 200-day moving average of $25.60. The company has a market cap of $1.33 billion, a price-to-earnings ratio of 12.86, a PEG ratio of 1.27 and a beta of 0.40.

AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.58. AMN Healthcare Services had a return on equity of 19.92% and a net margin of 3.06%.The business had revenue of $673.24 million for the quarter, compared to the consensus estimate of $628.39 million. During the same quarter in the prior year, the business posted $0.30 earnings per share. The firm’s quarterly revenue was up 2.3% compared to the same quarter last year. On average, equities research analysts expect that AMN Healthcare Services Inc will post 3.1 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Robert W. Baird set a $36.00 price target on AMN Healthcare Services in a research note on Friday, August 7th. Wall Street Zen upgraded AMN Healthcare Services from a “buy” rating to a “strong-buy” rating in a research report on Sunday, August 9th. BMO Capital Markets lifted their target price on AMN Healthcare Services from $25.00 to $26.00 and gave the stock an “outperform” rating in a report on Monday, May 11th. Citizens Jmp boosted their target price on shares of AMN Healthcare Services from $36.00 to $40.00 and gave the company a “market outperform” rating in a research report on Friday. Finally, Truist Financial upped their price target on shares of AMN Healthcare Services from $26.00 to $40.00 and gave the company a “buy” rating in a research note on Wednesday, July 22nd. Four equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $31.43.

About AMN Healthcare Services

AMN Healthcare Services, Inc (NYSE: AMN) is a leading provider of healthcare workforce solutions in the United States. The company specializes in staffing and recruitment services for a broad range of clinical and allied health professionals, including travel nurses, permanent placement of nursing staff, locum tenens physicians, and allied health personnel. In addition to direct staffing, AMN Healthcare offers comprehensive workforce management solutions such as vendor management systems (VMS), recruitment process outsourcing (RPO), and compliance and credentialing services through its technology platforms.

Founded in 1985 as American Mobile Nurses, the company rebranded to AMN Healthcare in 2010 to reflect its expanding portfolio of services.