State of Alaska Department of Revenue raised its holdings in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 126.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 35,984 shares of the company’s stock after buying an additional 20,114 shares during the period. State of Alaska Department of Revenue owned about 0.08% of AMN Healthcare Services worth $2,071,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Steward Partners Investment Advisory LLC purchased a new stake in shares of AMN Healthcare Services during the second quarter worth about $28,000. Rehmann Capital Advisory Group increased its stake in shares of AMN Healthcare Services by 64.0% during the first quarter. Rehmann Capital Advisory Group now owns 679 shares of the company’s stock valued at $32,000 after purchasing an additional 265 shares in the last quarter. NumerixS Investment Technologies Inc bought a new position in shares of AMN Healthcare Services during the second quarter valued at approximately $141,000. Truvestments Capital LLC grew its holdings in shares of AMN Healthcare Services by 15.1% during the second quarter. Truvestments Capital LLC now owns 3,416 shares of the company’s stock valued at $185,000 after buying an additional 447 shares during the last quarter. Finally, We Are One Seven LLC purchased a new stake in shares of AMN Healthcare Services during the second quarter valued at approximately $203,000. Institutional investors and hedge funds own 98.26% of the company’s stock.

AMN has been the topic of a number of recent analyst reports. William Blair reiterated an “outperform” rating on shares of AMN Healthcare Services in a report on Friday, September 20th. Zacks Investment Research cut shares of AMN Healthcare Services from a “strong-buy” rating to a “hold” rating and set a $65.00 price target on the stock. in a report on Monday, August 19th. Finally, BMO Capital Markets set a $60.00 price target on shares of AMN Healthcare Services and gave the company a “buy” rating in a report on Wednesday, August 7th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. AMN Healthcare Services presently has a consensus rating of “Buy” and an average target price of $67.60.

AMN stock traded up $0.22 on Wednesday, hitting $54.27. The company had a trading volume of 768 shares, compared to its average volume of 415,157. AMN Healthcare Services, Inc. has a 12-month low of $45.04 and a 12-month high of $65.81. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 1.12. The stock’s 50-day simple moving average is $56.38 and its 200 day simple moving average is $52.88. The stock has a market cap of $2.53 billion, a price-to-earnings ratio of 16.50, a P/E/G ratio of 1.45 and a beta of 0.82.

AMN Healthcare Services (NYSE:AMN) last issued its earnings results on Tuesday, August 6th. The company reported $0.77 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.70 by $0.07. AMN Healthcare Services had a net margin of 5.96% and a return on equity of 23.53%. The company had revenue of $535.20 million for the quarter, compared to analysts’ expectations of $526.06 million. During the same quarter last year, the company posted $0.83 earnings per share. The firm’s quarterly revenue was down 4.1% on a year-over-year basis. Research analysts forecast that AMN Healthcare Services, Inc. will post 3.04 earnings per share for the current year.

In other news, insider Susan R. Salka sold 45,975 shares of the firm’s stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $49.92, for a total transaction of $2,295,072.00. Following the transaction, the insider now directly owns 149,711 shares of the company’s stock, valued at $7,473,573.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Denise L. Jackson sold 773 shares of the firm’s stock in a transaction on Friday, July 12th. The shares were sold at an average price of $55.00, for a total value of $42,515.00. Following the transaction, the insider now directly owns 20,152 shares in the company, valued at $1,108,360. The disclosure for this sale can be found here. Corporate insiders own 2.07% of the company’s stock.

AMN Healthcare Services Profile

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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