Pinebridge Investments L.P. increased its holdings in AMN Healthcare Services Inc (NYSE:AMN) by 1.4% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,312 shares of the company’s stock after buying an additional 87 shares during the period. Pinebridge Investments L.P.’s holdings in AMN Healthcare Services were worth $246,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Acrospire Investment Management LLC increased its stake in AMN Healthcare Services by 13.3% in the second quarter. Acrospire Investment Management LLC now owns 2,562 shares of the company’s stock valued at $100,000 after acquiring an additional 300 shares during the last quarter. FNY Partners Fund LP bought a new position in AMN Healthcare Services in the first quarter valued at $101,000. Bank of Montreal Can bought a new position in AMN Healthcare Services in the second quarter valued at $105,000. Riverhead Capital Management LLC increased its stake in AMN Healthcare Services by 85.2% in the second quarter. Riverhead Capital Management LLC now owns 2,963 shares of the company’s stock valued at $116,000 after acquiring an additional 1,363 shares during the last quarter. Finally, SG Americas Securities LLC bought a new position in AMN Healthcare Services in the first quarter valued at $117,000. Institutional investors own 99.95% of the company’s stock.

AMN Healthcare Services Inc (NYSE AMN) opened at 44.40 on Thursday. The company has a market cap of $2.13 billion, a PE ratio of 18.73 and a beta of 0.45. AMN Healthcare Services Inc has a 1-year low of $26.00 and a 1-year high of $46.60. The company has a 50-day moving average price of $39.62 and a 200-day moving average price of $38.60.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings results on Thursday, August 3rd. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.60 by $0.07. The business had revenue of $489.80 million for the quarter, compared to analysts’ expectations of $489.79 million. AMN Healthcare Services had a net margin of 6.01% and a return on equity of 26.83%. The business’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.61 EPS. On average, analysts expect that AMN Healthcare Services Inc will post $3.12 EPS for the current fiscal year.

In other AMN Healthcare Services news, insider Ralph Henderson sold 6,906 shares of the business’s stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $46.00, for a total value of $317,676.00. Following the sale, the insider now owns 31,772 shares in the company, valued at approximately $1,461,512. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 2.49% of the stock is owned by insiders.

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A number of research firms recently commented on AMN. Zacks Investment Research raised AMN Healthcare Services from a “hold” rating to a “buy” rating and set a $51.00 target price on the stock in a research note on Tuesday. ValuEngine raised AMN Healthcare Services from a “hold” rating to a “buy” rating in a research note on Saturday, August 12th. BMO Capital Markets reissued a “buy” rating and issued a $43.00 target price on shares of AMN Healthcare Services in a research note on Friday, September 1st. Finally, Wells Fargo & Company began coverage on AMN Healthcare Services in a research note on Tuesday, June 27th. They issued an “outperform” rating and a $45.00 target price on the stock. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $46.00.

AMN Healthcare Services 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.

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

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