AMN Healthcare Services, Inc. (NYSE:AMN) Holdings Reduced by Fieldpoint Private Securities LLC


Fieldpoint Private Securities LLC decreased its position in AMN Healthcare Services, Inc. (NYSE:AMN – Get Rating) by 94.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 300 shares of the company’s stock after selling 4,889 shares during the period. Fieldpoint Private Securities LLC’s holdings in AMN Healthcare Services were worth $31,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of AMN. Dark Forest Capital Management LP bought a new position in shares of AMN Healthcare Services in the third quarter valued at approximately $32,000. First Quadrant LP CA bought a new position in shares of AMN Healthcare Services in the fourth quarter valued at approximately $42,000. Covestor Ltd bought a new position in shares of AMN Healthcare Services in the fourth quarter valued at approximately $48,000. CWM LLC bought a new position in shares of AMN Healthcare Services in the fourth quarter valued at approximately $57,000. Finally, UMB Bank NA MO bought a new position in shares of AMN Healthcare Services in the fourth quarter valued at approximately $85,000. Hedge funds and other institutional investors own 94.70% of the company’s stock.

Shares of NYSE:AMN opened at $102.06 on Thursday. The stock has a market capitalization of $4.56 billion, a price-to-earnings ratio of 12.09, a PEG ratio of 8.56 and a beta of 0.36. AMN Healthcare Services, Inc. has a 1-year low of $82.75 and a 1-year high of $129.12. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.29 and a current ratio of 1.29. The company has a 50 day moving average price of $97.09 and a 200 day moving average price of $103.29.

AMN Healthcare Services (NYSE:AMN – Get Rating) last issued its earnings results on Thursday, May 5th. The company reported $3.49 earnings per share for the quarter, topping analysts’ consensus estimates of $3.25 by $0.24. The firm had revenue of $1.52 billion during the quarter, compared to analysts’ expectations of $1.50 billion. AMN Healthcare Services had a net margin of 8.67% and a return on equity of 44.09%. The firm’s revenue for the quarter was up 71.8% compared to the same quarter last year. During the same period last year, the firm posted $1.70 earnings per share. On average, sell-side analysts expect that AMN Healthcare Services, Inc. will post 10.46 EPS for the current fiscal year.

AMN Healthcare Services announced that its Board of Directors has approved a stock buyback plan on Wednesday, June 15th that permits the company to repurchase $250.00 million in shares. This repurchase authorization permits the company to reacquire up to 5.7% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board its shares are undervalued.

AMN has been the subject of several recent analyst reports. StockNews.com cut shares of AMN Healthcare Services from a “strong-buy” rating to a “buy” rating in a report on Thursday, May 26th. Credit Suisse Group raised their target price on shares of AMN Healthcare Services from $120.00 to $121.00 and gave the stock an “outperform” rating in a report on Thursday, June 16th. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $137.60.

In related news, insider Mark Christopher Hagan sold 1,400 shares of the company’s stock in a transaction that occurred on Friday, June 3rd. The shares were sold at an average price of $97.53, for a total value of $136,542.00. Following the completion of the sale, the insider now owns 13,345 shares in the company, valued at approximately $1,301,537.85. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.80% of the stock is currently owned by corporate insiders.

AMN Healthcare Services Profile (Get Rating)

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to hospitals and healthcare facilities in the United States. It operates through three segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions. The Nurse and Allied Solutions segment offers travel nurse staffing, rapid response nurse staffing and labor disruption, allied staffing, local staffing, and revenue cycle solutions.

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



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