Teachers Retirement System of The State of Kentucky Invests $739,000 in AMN Healthcare Services Inc (AMN)
Teachers Retirement System of The State of Kentucky purchased a new position in AMN Healthcare Services Inc (NYSE:AMN) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 18,200 shares of the company’s stock, valued at approximately $739,000.
Other hedge funds also recently made changes to their positions in the company. BlackRock Inc. acquired a new position in shares of AMN Healthcare Services during the first quarter worth about $229,289,000. Vanguard Group Inc. acquired a new position in shares of AMN Healthcare Services during the first quarter worth about $172,667,000. Dimensional Fund Advisors LP acquired a new position in shares of AMN Healthcare Services during the first quarter worth about $68,250,000. Bank of New York Mellon Corp acquired a new position in shares of AMN Healthcare Services during the first quarter worth about $52,653,000. Finally, State Street Corp acquired a new position in shares of AMN Healthcare Services during the first quarter worth about $47,957,000. Institutional investors and hedge funds own 99.95% of the company’s stock.
AMN Healthcare Services Inc (NYSE AMN) traded up 2.79% during midday trading on Friday, hitting $38.70. The stock had a trading volume of 629,984 shares. The stock’s 50-day moving average is $37.42 and its 200-day moving average is $38.62. AMN Healthcare Services Inc has a one year low of $26.00 and a one year high of $43.85. The company has a market cap of $1.86 billion, a P/E ratio of 16.33 and a beta of 0.56.
AMN Healthcare Services (NYSE:AMN) last released its earnings results on Thursday, August 3rd. The company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.07. AMN Healthcare Services had a net margin of 6.01% and a return on equity of 26.83%. The firm had revenue of $489.80 million during the quarter, compared to analyst estimates of $489.79 million. During the same quarter in the previous year, the business earned $0.61 EPS. The business’s quarterly revenue was up 3.4% compared to the same quarter last year. Equities analysts predict that AMN Healthcare Services Inc will post $3.12 EPS for the current fiscal year.
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A number of equities analysts recently issued reports on AMN shares. Wells Fargo & Company started coverage on AMN Healthcare Services in a report on Tuesday, June 27th. They issued an “outperform” rating and a $45.00 price objective for the company. Zacks Investment Research raised AMN Healthcare Services from a “sell” rating to a “hold” rating in a report on Monday, May 8th. Finally, ValuEngine raised AMN Healthcare Services from a “hold” rating to a “buy” rating in a research note on Saturday, August 12th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. AMN Healthcare Services presently has an average rating of “Buy” and a consensus price target of $45.50.
In other AMN Healthcare Services news, Director Mark G. Foletta sold 1,500 shares of AMN Healthcare Services stock in a transaction on Tuesday, June 13th. The shares were sold at an average price of $36.71, for a total transaction of $55,065.00. Following the completion of the sale, the director now owns 6,025 shares of the company’s stock, valued at approximately $221,177.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 2.49% of the stock is currently owned by insiders.
About AMN Healthcare Services
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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