Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp Sells 13,083 Shares of AMN Healthcare Services, Inc. (AMN)

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Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp cut its holdings in AMN Healthcare Services, Inc. (NYSE:AMN) by 75.2% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,317 shares of the company’s stock after selling 13,083 shares during the period. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp’s holdings in AMN Healthcare Services were worth $245,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of AMN. Teacher Retirement System of Texas acquired a new stake in shares of AMN Healthcare Services in the fourth quarter valued at approximately $828,000. Swiss National Bank raised its holdings in shares of AMN Healthcare Services by 3.2% in the fourth quarter. Swiss National Bank now owns 81,700 shares of the company’s stock valued at $4,024,000 after purchasing an additional 2,500 shares during the last quarter. First Trust Advisors LP raised its holdings in shares of AMN Healthcare Services by 58.4% in the fourth quarter. First Trust Advisors LP now owns 63,538 shares of the company’s stock valued at $3,129,000 after purchasing an additional 23,428 shares during the last quarter. Raymond James Financial Services Advisors Inc. acquired a new stake in shares of AMN Healthcare Services in the fourth quarter valued at approximately $206,000. Finally, Rhumbline Advisers raised its holdings in shares of AMN Healthcare Services by 16.7% in the fourth quarter. Rhumbline Advisers now owns 108,262 shares of the company’s stock valued at $5,332,000 after purchasing an additional 15,468 shares during the last quarter.

Shares of AMN Healthcare Services opened at $58.60 on Friday, according to Marketbeat Ratings. The firm has a market cap of $2.83 billion, a P/E ratio of 22.89, a PEG ratio of 1.39 and a beta of 0.38. AMN Healthcare Services, Inc. has a 1-year low of $34.85 and a 1-year high of $68.20. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.95 and a current ratio of 1.95.

AMN Healthcare Services (NYSE:AMN) last issued its earnings results on Thursday, May 3rd. The company reported $0.81 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.79 by $0.02. The business had revenue of $522.50 million for the quarter, compared to the consensus estimate of $518.97 million. AMN Healthcare Services had a net margin of 7.11% and a return on equity of 24.50%. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.65 earnings per share. analysts predict that AMN Healthcare Services, Inc. will post 3.26 earnings per share for the current year.

In other AMN Healthcare Services news, insider Susan R. Salka sold 31,952 shares of AMN Healthcare Services stock in a transaction on Thursday, May 10th. The shares were sold at an average price of $54.63, for a total transaction of $1,745,537.76. Following the completion of the transaction, the insider now directly owns 238,025 shares of the company’s stock, valued at $13,003,305.75. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Brian M. Scott sold 20,000 shares of AMN Healthcare Services stock in a transaction on Wednesday, June 20th. The stock was sold at an average price of $59.11, for a total transaction of $1,182,200.00. Following the transaction, the chief financial officer now directly owns 56,365 shares of the company’s stock, valued at $3,331,735.15. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 88,021 shares of company stock valued at $4,959,053. Company insiders own 2.18% of the company’s stock.

A number of research firms have recently issued reports on AMN. ValuEngine upgraded shares of AMN Healthcare Services from a “hold” rating to a “buy” rating in a report on Saturday, May 12th. Zacks Investment Research downgraded shares of AMN Healthcare Services from a “hold” rating to a “strong sell” rating in a report on Tuesday, June 12th. Benchmark boosted their target price on shares of AMN Healthcare Services from $60.00 to $66.00 and gave the stock a “buy” rating in a report on Tuesday, April 10th. Jefferies Financial Group restated a “buy” rating and set a $71.00 target price on shares of AMN Healthcare Services in a report on Tuesday, April 10th. Finally, Robert W. Baird restated a “buy” rating and set a $64.00 target price on shares of AMN Healthcare Services in a report on Tuesday, April 10th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and eight have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $64.00.

AMN Healthcare Services Company Profile

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services in the United States. The company operates through three segments: Nurse and Allied Solutions, Locum Tenens Solutions, and Other Workforce Solutions. The company offers travel nurse staffing under the American Mobile, Onward Healthcare, Nurses Rx, and O'Grady-Peyton brands; rapid response nurse staffing and labor disruption services, a shorter-term staffing solution under the NurseChoice brand; local, or per diem, staffing for daily shift work or on as-needed basis under the Nursefinders brand; and locum tenens staffing for specialties, clinicians, and dentists on an independent contractor basis on temporary assignments from a few days up to one year under the Staff Care and Locum Leaders brands.

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

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