State of Wyoming Buys Shares of 22,178 AMN Healthcare Services Inc $AMN

State of Wyoming bought a new position in AMN Healthcare Services Inc (NYSE:AMN) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 22,178 shares of the company’s stock, valued at approximately $718,000. State of Wyoming owned about 0.06% of AMN Healthcare Services at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AMN. Versant Capital Management Inc grew its stake in shares of AMN Healthcare Services by 41.8% in the 2nd quarter. Versant Capital Management Inc now owns 1,170 shares of the company’s stock valued at $38,000 after buying an additional 345 shares in the last quarter. Summit Securities Group LLC bought a new position in AMN Healthcare Services during the fourth quarter valued at approximately $32,000. China Universal Asset Management Co. Ltd. raised its position in AMN Healthcare Services by 200.0% during the fourth quarter. China Universal Asset Management Co. Ltd. now owns 3,000 shares of the company’s stock valued at $47,000 after acquiring an additional 2,000 shares in the last quarter. Tower Research Capital LLC TRC lifted its stake in AMN Healthcare Services by 49.2% in the second quarter. Tower Research Capital LLC TRC now owns 3,093 shares of the company’s stock valued at $64,000 after acquiring an additional 1,020 shares during the last quarter. Finally, Johnson Financial Group Inc. acquired a new stake in AMN Healthcare Services in the third quarter valued at approximately $63,000. 99.23% of the stock is owned by hedge funds and other institutional investors.

AMN Healthcare Services Trading Down 0.1%

Shares of AMN stock opened at $34.47 on Monday. AMN Healthcare Services Inc has a 12 month low of $14.97 and a 12 month high of $37.22. The company has a market cap of $1.33 billion, a PE ratio of 12.86, a price-to-earnings-growth ratio of 1.27 and a beta of 0.40. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 1.00. The business’s 50 day moving average is $32.88 and its two-hundred day moving average is $25.64.

AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.58. AMN Healthcare Services had a net margin of 3.06% and a return on equity of 19.92%. The business had revenue of $673.24 million during the quarter, compared to analysts’ expectations of $628.39 million. During the same period in the previous year, the company earned $0.30 earnings per share. AMN Healthcare Services’s revenue for the quarter was up 2.3% on a year-over-year basis. Equities analysts predict that AMN Healthcare Services Inc will post 3.1 EPS for the current year.

Wall Street Analyst Weigh In

AMN has been the topic of several analyst reports. Wall Street Zen lowered shares of AMN Healthcare Services from a “strong-buy” rating to a “buy” rating in a research note on Monday. Citizens Jmp lifted their price objective on shares of AMN Healthcare Services from $36.00 to $40.00 and gave the company a “market outperform” rating in a research note on Friday. BMO Capital Markets upped their price objective on shares of AMN Healthcare Services from $25.00 to $26.00 and gave the stock an “outperform” rating in a report on Monday, May 11th. UBS Group increased their target price on shares of AMN Healthcare Services from $32.00 to $35.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Finally, Weiss Ratings upgraded AMN Healthcare Services from a “sell (d-)” rating to a “sell (d+)” rating in a report on Tuesday, August 11th. Four investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, AMN Healthcare Services has an average rating of “Hold” and a consensus price target of $31.43.

Insider Buying and Selling

In other AMN Healthcare Services news, Director Mark G. Foletta sold 3,681 shares of the business’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $31.07, for a total transaction of $114,368.67. Following the completion of the transaction, the director owned 17,917 shares of the company’s stock, valued at $556,681.19. The trade was a 17.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.07% of the stock is owned by company insiders.

About AMN Healthcare Services

AMN Healthcare Services, Inc (NYSE: AMN) is a leading provider of healthcare workforce solutions in the United States. The company specializes in staffing and recruitment services for a broad range of clinical and allied health professionals, including travel nurses, permanent placement of nursing staff, locum tenens physicians, and allied health personnel. In addition to direct staffing, AMN Healthcare offers comprehensive workforce management solutions such as vendor management systems (VMS), recruitment process outsourcing (RPO), and compliance and credentialing services through its technology platforms.

Founded in 1985 as American Mobile Nurses, the company rebranded to AMN Healthcare in 2010 to reflect its expanding portfolio of services.