Epoch Investment Partners Inc. lifted its position in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 5.3% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 340,163 shares of the company’s stock after buying an additional 17,044 shares during the quarter. Epoch Investment Partners Inc. owned approximately 0.73% of AMN Healthcare Services worth $18,607,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AMN. Tower Research Capital LLC TRC lifted its stake in AMN Healthcare Services by 109.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,260 shares of the company’s stock worth $191,000 after purchasing an additional 1,705 shares in the last quarter. D.A. Davidson & CO. purchased a new stake in AMN Healthcare Services in the 2nd quarter worth $202,000. Palouse Capital Management Inc. purchased a new stake in AMN Healthcare Services in the 3rd quarter worth $200,000. Truvestments Capital LLC purchased a new stake in AMN Healthcare Services in the 2nd quarter worth $218,000. Finally, Itau Unibanco Holding S.A. purchased a new stake in AMN Healthcare Services in the 2nd quarter worth $253,000.
In other news, Director Paul E. Weaver sold 5,000 shares of the business’s stock in a transaction dated Friday, November 30th. The shares were sold at an average price of $64.50, for a total value of $322,500.00. Following the sale, the director now directly owns 38,022 shares in the company, valued at approximately $2,452,419. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Brian M. Scott sold 12,500 shares of the business’s stock in a transaction dated Thursday, November 29th. The stock was sold at an average price of $64.25, for a total transaction of $803,125.00. Following the completion of the sale, the chief financial officer now owns 36,365 shares in the company, valued at $2,336,451.25. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 32,253 shares of company stock worth $1,981,394. Insiders own 2.18% of the company’s stock.
AMN Healthcare Services stock opened at $59.74 on Friday. AMN Healthcare Services, Inc. has a twelve month low of $46.75 and a twelve month high of $68.20. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.58 and a current ratio of 1.58. The stock has a market capitalization of $2.83 billion, a PE ratio of 19.39, a price-to-earnings-growth ratio of 1.42 and a beta of 0.56.
AMN Healthcare Services (NYSE:AMN) last posted its earnings results on Wednesday, October 31st. The company reported $0.84 earnings per share for the quarter, topping analysts’ consensus estimates of $0.76 by $0.08. AMN Healthcare Services had a net margin of 6.96% and a return on equity of 25.32%. The firm had revenue of $526.84 million for the quarter, compared to the consensus estimate of $526.90 million. During the same period in the previous year, the firm posted $0.63 EPS. The business’s quarterly revenue was up 6.6% on a year-over-year basis. On average, equities analysts forecast that AMN Healthcare Services, Inc. will post 3.27 earnings per share for the current fiscal year.
AMN has been the topic of several research analyst reports. Zacks Investment Research upgraded shares of AMN Healthcare Services from a “sell” rating to a “hold” rating in a research note on Monday, August 20th. ValuEngine cut shares of AMN Healthcare Services from a “buy” rating to a “hold” rating in a research note on Wednesday, September 12th. Jefferies Financial Group set a $68.00 price target on shares of AMN Healthcare Services and gave the stock a “buy” rating in a research note on Friday, September 28th. Stephens initiated coverage on shares of AMN Healthcare Services in a research note on Tuesday, October 2nd. They issued an “equal weight” rating on the stock. Finally, Berenberg Bank initiated coverage on shares of AMN Healthcare Services in a research note on Thursday, October 4th. They issued a “buy” rating and a $70.00 price target on the stock. Two equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $66.78.
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About AMN Healthcare Services
AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to healthcare facilities across the nation. Its workforce solutions include managed services programs and recruitment process outsourcing. The company operates through the following segments: Nurse and Allied Healthcare Staffing, Locum Tenens Staffing and Physician Permanent Placement Services.
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