Wells Fargo & Company MN purchased a new position in shares of AMN Healthcare Services Inc (NYSE:AMN) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 689,380 shares of the company’s stock, valued at approximately $26,920,000. Wells Fargo & Company MN owned 1.44% of AMN Healthcare Services as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. FNY Partners Fund LP purchased a new position in shares of AMN Healthcare Services during the 1st quarter worth $101,000. Meadow Creek Investment Management LLC purchased a new position in shares of AMN Healthcare Services during the 1st quarter worth $104,000. Bank of Montreal Can purchased a new position in shares of AMN Healthcare Services during the 2nd quarter worth $105,000. SG Americas Securities LLC purchased a new position in shares of AMN Healthcare Services during the 1st quarter worth $117,000. Finally, Creative Planning purchased a new position in shares of AMN Healthcare Services during the 2nd quarter worth $155,000. 99.95% of the stock is currently owned by institutional investors.

Shares of AMN Healthcare Services Inc (AMN) opened at 41.15 on Friday. The stock’s 50 day moving average price is $37.63 and its 200-day moving average price is $38.43. AMN Healthcare Services Inc has a 12-month low of $26.00 and a 12-month high of $43.85. The firm has a market capitalization of $1.97 billion, a P/E ratio of 17.36 and a beta of 0.47.

AMN Healthcare Services (NYSE:AMN) last issued its earnings results on Thursday, August 3rd. The company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.07. The company had revenue of $489.80 million during the quarter, compared to analyst estimates of $489.79 million. AMN Healthcare Services had a net margin of 6.01% and a return on equity of 26.83%. The company’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter last year, the business posted $0.61 EPS. On average, equities analysts expect that AMN Healthcare Services Inc will post $3.12 EPS for the current year.

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A number of research analysts have weighed in on the company. Wells Fargo & Company assumed coverage on AMN Healthcare Services in a research note on Tuesday, June 27th. They set an “outperform” rating and a $45.00 price target on the stock. ValuEngine upgraded AMN Healthcare Services from a “hold” rating to a “buy” rating in a report on Saturday, August 12th. Zacks Investment Research downgraded AMN Healthcare Services from a “buy” rating to a “hold” rating in a report on Wednesday, July 5th. Finally, BMO Capital Markets restated a “buy” rating and set a $43.00 price objective on shares of AMN Healthcare Services in a report on Friday, September 1st. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. AMN Healthcare Services presently has an average rating of “Buy” and a consensus target price of $44.83.

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.

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

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