AMN Healthcare Services, Inc. (NYSE:AMN) Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC increased its position in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 689.3% during the third quarter, Holdings Channel.com reports. The fund owned 18,911 shares of the company’s stock after acquiring an additional 16,515 shares during the quarter. SG Americas Securities LLC’s holdings in AMN Healthcare Services were worth $802,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Tributary Capital Management LLC boosted its holdings in shares of AMN Healthcare Services by 20.2% in the first quarter. Tributary Capital Management LLC now owns 266,585 shares of the company’s stock worth $16,664,000 after buying an additional 44,740 shares during the period. Vaughan Nelson Investment Management L.P. purchased a new position in AMN Healthcare Services during the 2nd quarter worth approximately $45,481,000. Congress Asset Management Co. MA raised its stake in AMN Healthcare Services by 16.5% during the 4th quarter. Congress Asset Management Co. MA now owns 384,915 shares of the company’s stock valued at $28,822,000 after purchasing an additional 54,641 shares during the period. New South Capital Management Inc. lifted its holdings in shares of AMN Healthcare Services by 24.6% in the second quarter. New South Capital Management Inc. now owns 563,147 shares of the company’s stock valued at $28,850,000 after purchasing an additional 111,302 shares in the last quarter. Finally, Quadrature Capital Ltd boosted its position in shares of AMN Healthcare Services by 366.6% in the first quarter. Quadrature Capital Ltd now owns 23,246 shares of the company’s stock worth $1,455,000 after buying an additional 18,264 shares during the period. Hedge funds and other institutional investors own 99.23% of the company’s stock.

AMN Healthcare Services Trading Up 2.7 %

AMN Healthcare Services stock opened at $39.62 on Friday. AMN Healthcare Services, Inc. has a one year low of $36.50 and a one year high of $80.22. The company’s fifty day moving average price is $48.15 and its two-hundred day moving average price is $53.68. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.23 and a quick ratio of 1.23. The company has a market capitalization of $1.51 billion, a price-to-earnings ratio of 10.65 and a beta of 0.11.

AMN Healthcare Services (NYSE:AMN) last posted its earnings results on Thursday, August 8th. The company reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.22. AMN Healthcare Services had a return on equity of 23.68% and a net margin of 3.07%. The company had revenue of $740.69 million for the quarter, compared to analyst estimates of $740.43 million. During the same period last year, the company earned $2.38 earnings per share. The business’s revenue was down 25.3% compared to the same quarter last year. On average, analysts forecast that AMN Healthcare Services, Inc. will post 3.21 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on AMN shares. UBS Group dropped their price target on AMN Healthcare Services from $66.00 to $65.00 and set a “neutral” rating on the stock in a research report on Friday, August 9th. StockNews.com downgraded shares of AMN Healthcare Services from a “hold” rating to a “sell” rating in a research report on Wednesday, July 31st. Benchmark reiterated a “hold” rating on shares of AMN Healthcare Services in a research report on Wednesday, October 2nd. Bank of America cut shares of AMN Healthcare Services from a “neutral” rating to an “underperform” rating and lowered their price target for the company from $65.00 to $48.00 in a report on Monday, October 7th. Finally, BMO Capital Markets increased their price objective on AMN Healthcare Services from $60.00 to $71.00 and gave the stock an “outperform” rating in a report on Monday, August 12th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $65.00.

AMN Healthcare Services Company Profile

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to 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, labor disruption staffing, local staffing, international nurse and allied permanent placement, and allied staffing solutions.