Nordea Investment Management AB raised its stake in AMN Healthcare Services Inc (NYSE:AMN) by 33.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,609 shares of the company’s stock after acquiring an additional 12,531 shares during the period. Nordea Investment Management AB owned approximately 0.10% of AMN Healthcare Services worth $1,937,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. FNY Partners Fund LP bought a new stake in shares of AMN Healthcare Services during the 1st quarter valued at $101,000. Acrospire Investment Management LLC grew its holdings in shares of AMN Healthcare Services by 13.3% during the 2nd quarter. Acrospire Investment Management LLC now owns 2,562 shares of the company’s stock worth $100,000 after purchasing an additional 300 shares in the last quarter. Bank of Montreal Can acquired a new stake in shares of AMN Healthcare Services during the 2nd quarter worth $105,000. SG Americas Securities LLC acquired a new stake in shares of AMN Healthcare Services during the 1st quarter worth $117,000. Finally, Riverhead Capital Management LLC grew its holdings in shares of AMN Healthcare Services by 85.2% during the 2nd quarter. Riverhead Capital Management LLC now owns 2,963 shares of the company’s stock worth $116,000 after purchasing an additional 1,363 shares in the last quarter. 99.95% of the stock is owned by hedge funds and other institutional investors.

Shares of AMN Healthcare Services Inc (NYSE AMN) opened at 46.10 on Wednesday. AMN Healthcare Services Inc has a 1-year low of $26.00 and a 1-year high of $46.25. The company has a market capitalization of $2.21 billion, a PE ratio of 19.45 and a beta of 0.45. The firm’s 50-day moving average price is $39.41 and its 200 day moving average price is $38.56.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings results on Thursday, August 3rd. The company reported $0.67 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.60 by $0.07. AMN Healthcare Services had a return on equity of 26.83% and a net margin of 6.01%. The firm had revenue of $489.80 million for the quarter, compared to analysts’ expectations of $489.79 million. During the same period in the prior year, the business posted $0.61 earnings per share. The company’s revenue was up 3.4% on a year-over-year basis. Equities analysts predict that AMN Healthcare Services Inc will post $3.12 EPS for the current fiscal year.

In related news, insider Ralph Henderson sold 6,906 shares of the business’s stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $46.00, for a total transaction of $317,676.00. Following the completion of the transaction, the insider now owns 31,772 shares of the company’s stock, valued at $1,461,512. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 2.49% of the stock is currently owned by company insiders.

AMN has been the subject of a number of analyst reports. ValuEngine raised AMN Healthcare Services from a “hold” rating to a “buy” rating in a research note on Wednesday, September 27th. BMO Capital Markets reaffirmed a “buy” rating and set a $43.00 price objective on shares of AMN Healthcare Services in a research report on Friday, September 1st. Zacks Investment Research upgraded shares of AMN Healthcare Services from a “hold” rating to a “buy” rating and set a $44.00 price objective on the stock in a research note on Tuesday, July 4th. Finally, Wells Fargo & Company assumed coverage on shares of AMN Healthcare Services in a research note on Tuesday, June 27th. They set an “outperform” rating and a $45.00 price objective on the stock. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $46.00.

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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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