AMN Healthcare Services Inc (AMN) Shares Bought by Wells Fargo & Company MN

Wells Fargo & Company MN boosted its stake in AMN Healthcare Services Inc (NYSE:AMN) by 23.2% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 849,157 shares of the company’s stock after buying an additional 159,777 shares during the quarter. Wells Fargo & Company MN owned approximately 1.78% of AMN Healthcare Services worth $38,807,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Alps Advisors Inc. raised its holdings in AMN Healthcare Services by 0.3% in the 2nd quarter. Alps Advisors Inc. now owns 11,736 shares of the company’s stock valued at $458,000 after acquiring an additional 30 shares during the last quarter. Pinebridge Investments L.P. raised its holdings in AMN Healthcare Services by 1.4% in the 2nd quarter. Pinebridge Investments L.P. now owns 6,312 shares of the company’s stock valued at $246,000 after acquiring an additional 87 shares during the last quarter. Arizona State Retirement System raised its holdings in AMN Healthcare Services by 0.4% in the 2nd quarter. Arizona State Retirement System now owns 24,996 shares of the company’s stock valued at $976,000 after acquiring an additional 100 shares during the last quarter. Cipher Capital LP raised its holdings in AMN Healthcare Services by 0.6% in the 2nd quarter. Cipher Capital LP now owns 38,511 shares of the company’s stock valued at $1,504,000 after acquiring an additional 237 shares during the last quarter. Finally, Suntrust Banks Inc. raised its holdings in AMN Healthcare Services by 3.1% in the 2nd quarter. Suntrust Banks Inc. now owns 9,353 shares of the company’s stock valued at $364,000 after acquiring an additional 279 shares during the last quarter.

Shares of AMN Healthcare Services Inc (AMN) opened at $49.40 on Tuesday. The company has a market capitalization of $2,395.78, a price-to-earnings ratio of 19.67 and a beta of 0.47. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.60. AMN Healthcare Services Inc has a twelve month low of $33.61 and a twelve month high of $51.75.

AMN Healthcare Services (NYSE:AMN) last released its quarterly earnings data on Thursday, November 2nd. The company reported $0.63 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.03. AMN Healthcare Services had a return on equity of 25.55% and a net margin of 5.99%. The business had revenue of $494.41 million during the quarter, compared to the consensus estimate of $493.89 million. During the same period in the prior year, the firm posted $0.62 EPS. The business’s revenue for the quarter was up 4.6% on a year-over-year basis. research analysts predict that AMN Healthcare Services Inc will post 2.56 earnings per share for the current year.

In related news, Director Andrew M. Stern sold 10,000 shares of the company’s stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $42.89, for a total transaction of $428,900.00. Following the completion of the sale, the director now directly owns 6,668 shares of the company’s stock, valued at approximately $285,990.52. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Susan R. Salka sold 74,456 shares of the company’s stock in a transaction on Monday, November 6th. The stock was sold at an average price of $41.86, for a total transaction of $3,116,728.16. Following the sale, the insider now directly owns 256,561 shares of the company’s stock, valued at $10,739,643.46. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 142,927 shares of company stock valued at $6,426,230. 2.49% of the stock is owned by corporate insiders.

Several research analysts have weighed in on the company. SunTrust Banks reiterated a “buy” rating and issued a $58.00 price target on shares of AMN Healthcare Services in a report on Friday. KeyCorp reiterated a “buy” rating and issued a $56.00 price target on shares of AMN Healthcare Services in a report on Thursday, December 7th. Zacks Investment Research upgraded AMN Healthcare Services from a “hold” rating to a “buy” rating and set a $51.00 price target for the company in a report on Tuesday, October 3rd. BMO Capital Markets restated a “buy” rating and set a $48.00 price objective (up from $47.00) on shares of AMN Healthcare Services in a report on Sunday, November 12th. Finally, Benchmark restated a “buy” rating and set a $52.00 price objective (up from $47.00) on shares of AMN Healthcare Services in a report on Wednesday, October 25th. One equities research analyst has rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $50.11.

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AMN Healthcare Services Company Profile

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services at acute and sub-acute care hospitals and other healthcare facilities throughout the United States. The Company’s segments include nurse and allied solutions, locum tenens solutions and other workforce solutions.

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

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