Virginia Retirement Systems ET AL Trims Holdings in AMN Healthcare Services Inc (AMN)

Virginia Retirement Systems ET AL trimmed its holdings in shares of AMN Healthcare Services Inc (NYSE:AMN) by 46.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,200 shares of the company’s stock after selling 5,300 shares during the quarter. Virginia Retirement Systems ET AL’s holdings in AMN Healthcare Services were worth $283,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of AMN. Alps Advisors Inc. boosted its stake in shares of 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 purchasing an additional 30 shares during the last quarter. Pinebridge Investments L.P. boosted its stake in shares of 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 purchasing an additional 87 shares during the last quarter. Arizona State Retirement System boosted its stake in shares of 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 purchasing an additional 100 shares during the last quarter. Cipher Capital LP boosted its stake in shares of 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 purchasing an additional 237 shares during the last quarter. Finally, Suntrust Banks Inc. boosted its stake in shares of 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 purchasing an additional 279 shares during the last quarter.

AMN Healthcare Services Inc (NYSE AMN) opened at $48.25 on Thursday. The stock has a market cap of $2,307.40, a price-to-earnings ratio of 18.94 and a beta of 0.47. AMN Healthcare Services Inc has a 12 month low of $33.61 and a 12 month high of $51.75. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.81 and a current ratio of 1.81.

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

In related news, insider Susan R. Salka sold 74,456 shares of the stock in a transaction on Monday, November 6th. The shares were sold at an average price of $41.86, for a total transaction of $3,116,728.16. Following the transaction, the insider now directly owns 256,561 shares of the company’s stock, valued at $10,739,643.46. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Ralph Henderson sold 6,906 shares of the stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $46.00, for a total transaction of $317,676.00. Following the transaction, the insider now directly owns 31,772 shares in the company, valued at $1,461,512. The disclosure for this sale can be found here. Over the last three months, insiders have sold 142,927 shares of company stock worth $6,426,230. 2.49% of the stock is owned by insiders.

A number of equities research analysts have recently commented on the stock. SunTrust Banks reaffirmed a “buy” rating and issued a $58.00 price objective on shares of AMN Healthcare Services in a research note on Friday, December 8th. KeyCorp reaffirmed a “buy” rating and issued a $56.00 price objective on shares of AMN Healthcare Services in a research note on Thursday, December 7th. Zacks Investment Research lowered shares of AMN Healthcare Services from a “buy” rating to a “hold” rating in a research note on Wednesday, October 4th. Benchmark reaffirmed a “buy” rating and issued a $52.00 price objective (up from $47.00) on shares of AMN Healthcare Services in a research note on Wednesday, October 25th. Finally, ValuEngine raised shares of AMN Healthcare Services from a “hold” rating to a “buy” rating in a research note on Wednesday, September 27th. One analyst has rated the stock with a hold rating and nine have issued a buy rating to the company. AMN Healthcare Services currently has a consensus rating of “Buy” and an average price target of $50.11.

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AMN Healthcare Services 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.

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

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