AMN Healthcare Services, Inc. (NYSE:AMN) Shares Sold by Public Employees Retirement Association of Colorado

Public Employees Retirement Association of Colorado lowered its position in AMN Healthcare Services, Inc. (NYSE:AMN) by 0.2% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 286,431 shares of the company’s stock after selling 715 shares during the period. Public Employees Retirement Association of Colorado owned 0.75% of AMN Healthcare Services worth $14,674,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Swedbank AB acquired a new position in AMN Healthcare Services during the first quarter worth about $70,617,000. Vaughan Nelson Investment Management L.P. purchased a new position in AMN Healthcare Services in the 2nd quarter worth approximately $45,481,000. WCM Investment Management LLC boosted its holdings in shares of AMN Healthcare Services by 107.8% during the 1st quarter. WCM Investment Management LLC now owns 764,997 shares of the company’s stock worth $47,820,000 after purchasing an additional 396,805 shares during the last quarter. American Century Companies Inc. grew its position in shares of AMN Healthcare Services by 95.3% in the second quarter. American Century Companies Inc. now owns 775,139 shares of the company’s stock valued at $39,710,000 after purchasing an additional 378,266 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of AMN Healthcare Services in the fourth quarter valued at approximately $19,864,000. Institutional investors and hedge funds own 99.23% of the company’s stock.

Wall Street Analysts Forecast Growth

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

AMN Healthcare Services Stock Down 0.6 %

NYSE:AMN opened at $45.66 on Friday. AMN Healthcare Services, Inc. has a 52 week low of $42.23 and a 52 week high of $87.87. The stock’s fifty day moving average is $54.28 and its two-hundred day moving average is $55.89. The stock has a market capitalization of $1.73 billion, a price-to-earnings ratio of 12.27 and a beta of 0.12. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 1.36.

AMN Healthcare Services (NYSE:AMN) last posted its earnings results on Thursday, August 8th. The company reported $0.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.22. The firm had revenue of $740.69 million for the quarter, compared to analyst estimates of $740.43 million. AMN Healthcare Services had a return on equity of 23.68% and a net margin of 3.07%. AMN Healthcare Services’s revenue was down 25.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.38 EPS. Research analysts anticipate that AMN Healthcare Services, Inc. will post 3.26 EPS for the current year.

AMN Healthcare Services 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.