Qsemble Capital Management LP Buys Shares of 7,757 AMN Healthcare Services, Inc. (NYSE:AMN)

Qsemble Capital Management LP purchased a new position in shares of AMN Healthcare Services, Inc. (NYSE:AMN) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 7,757 shares of the company’s stock, valued at approximately $397,000.

Other hedge funds have also made changes to their positions in the company. Mather Group LLC. acquired a new stake in AMN Healthcare Services in the second quarter worth $31,000. Nisa Investment Advisors LLC increased its holdings in shares of AMN Healthcare Services by 41.4% in the 2nd quarter. Nisa Investment Advisors LLC now owns 748 shares of the company’s stock worth $38,000 after acquiring an additional 219 shares during the period. Quarry LP lifted its position in AMN Healthcare Services by 64.8% in the 4th quarter. Quarry LP now owns 519 shares of the company’s stock valued at $39,000 after purchasing an additional 204 shares during the last quarter. Principal Securities Inc. acquired a new position in AMN Healthcare Services during the 4th quarter valued at about $49,000. Finally, Geneos Wealth Management Inc. bought a new position in AMN Healthcare Services in the 1st quarter worth about $58,000. Institutional investors own 99.23% of the company’s stock.

AMN Healthcare Services Stock Up 7.9 %

NYSE AMN opened at $47.14 on Friday. The company has a market capitalization of $1.79 billion, a P/E ratio of 12.67 and a beta of 0.12. AMN Healthcare Services, Inc. has a 12 month low of $42.23 and a 12 month high of $89.21. 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’s 50 day simple moving average is $54.54 and its 200 day simple moving average is $56.26.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings data on Thursday, August 8th. The company reported $0.98 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.22. The company had revenue of $740.69 million during the quarter, compared to the consensus estimate of $740.43 million. AMN Healthcare Services had a return on equity of 23.68% and a net margin of 3.07%. The company’s quarterly revenue was down 25.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.38 EPS. Equities research analysts expect that AMN Healthcare Services, Inc. will post 3.26 earnings per share for the current fiscal year.

Analysts Set New Price Targets

AMN has been the subject of several analyst reports. Benchmark reiterated a “hold” rating on shares of AMN Healthcare Services in a research report on Tuesday, May 28th. UBS Group lowered their price target on AMN Healthcare Services from $66.00 to $65.00 and set a “neutral” rating on the stock in a report on Friday, August 9th. JMP Securities lowered their target price on shares of AMN Healthcare Services from $75.00 to $66.00 and set a “market outperform” rating on the stock in a research note on Tuesday, August 13th. BMO Capital Markets upped their price target on shares of AMN Healthcare Services from $60.00 to $71.00 and gave the stock an “outperform” rating in a research note on Monday, August 12th. Finally, StockNews.com lowered shares of AMN Healthcare Services from a “hold” rating to a “sell” rating in a research note on Wednesday, July 31st. One investment analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $67.83.

About AMN Healthcare Services

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.