AXA boosted its stake in AMN Healthcare Services, Inc. (NYSE:AMN) by 116.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 32,000 shares of the company’s stock after buying an additional 17,200 shares during the quarter. AXA owned approximately 0.07% of AMN Healthcare Services worth $1,576,000 at the end of the most recent quarter.
Other hedge funds also recently added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. purchased a new stake in AMN Healthcare Services in the 4th quarter worth approximately $206,000. Creative Planning bought a new position in shares of AMN Healthcare Services during the 4th quarter valued at $209,000. M&T Bank Corp bought a new position in shares of AMN Healthcare Services during the 4th quarter valued at $210,000. Shelton Capital Management bought a new position in shares of AMN Healthcare Services during the 4th quarter valued at $212,000. Finally, Polen Capital Management LLC bought a new position in shares of AMN Healthcare Services during the 4th quarter valued at $223,000.
AMN traded up $1.05 during trading on Thursday, hitting $65.20. The stock had a trading volume of 496,390 shares, compared to its average volume of 494,714. The company has a market capitalization of $3,012.01, a PE ratio of 25.47 and a beta of 0.42. AMN Healthcare Services, Inc. has a 12 month low of $34.71 and a 12 month high of $65.88. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.79 and a quick ratio of 1.79.
AMN Healthcare Services (NYSE:AMN) last announced its earnings results on Thursday, February 15th. The company reported $0.63 EPS for the quarter, hitting the consensus estimate of $0.63. The firm had revenue of $509.10 million for the quarter, compared to the consensus estimate of $501.64 million. AMN Healthcare Services had a net margin of 6.67% and a return on equity of 24.26%. The business’s quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.62 EPS. analysts anticipate that AMN Healthcare Services, Inc. will post 3.37 earnings per share for the current year.
AMN has been the topic of a number of recent research reports. BMO Capital Markets restated a “buy” rating and set a $54.00 price target on shares of AMN Healthcare Services in a report on Monday, January 22nd. ValuEngine upgraded shares of AMN Healthcare Services from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Robert W. Baird raised their price target on shares of AMN Healthcare Services from $43.00 to $60.00 and gave the company a “positive” rating in a report on Friday, February 16th. Zacks Investment Research downgraded shares of AMN Healthcare Services from a “hold” rating to a “sell” rating in a report on Tuesday, January 2nd. Finally, Benchmark restated a “buy” rating and set a $60.00 price target (up previously from $52.00) on shares of AMN Healthcare Services in a report on Monday, January 8th. Eleven research analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and an average target price of $62.60.
In other AMN Healthcare Services news, insider Ralph Henderson sold 8,219 shares of the firm’s stock in a transaction on Thursday, January 25th. The shares were sold at an average price of $52.00, for a total value of $427,388.00. Following the sale, the insider now directly owns 30,052 shares in the company, valued at approximately $1,562,704. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Susan R. Salka sold 95,219 shares of the firm’s stock in a transaction on Friday, January 12th. The stock was sold at an average price of $49.35, for a total transaction of $4,699,057.65. Following the completion of the sale, the insider now owns 222,168 shares in the company, valued at $10,963,990.80. The disclosure for this sale can be found here. Insiders sold a total of 131,835 shares of company stock worth $6,701,558 in the last quarter. Insiders own 2.18% of the company’s stock.
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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.
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