AMN Healthcare Services, Inc. (NYSE:AMN) Shares Sold by Northern Trust Corp

Northern Trust Corp lessened its stake in AMN Healthcare Services, Inc. (NYSE:AMN) by 2.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 669,511 shares of the company’s stock after selling 19,380 shares during the quarter. Northern Trust Corp owned 1.43% of AMN Healthcare Services worth $37,935,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently bought and sold shares of the company. First Trust Advisors LP grew its position in AMN Healthcare Services by 14.3% during the 3rd quarter. First Trust Advisors LP now owns 71,402 shares of the company’s stock worth $3,906,000 after purchasing an additional 8,916 shares in the last quarter. MML Investors Services LLC purchased a new position in AMN Healthcare Services during the 3rd quarter worth approximately $263,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in AMN Healthcare Services by 12.0% during the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 11,338 shares of the company’s stock worth $620,000 after purchasing an additional 1,215 shares in the last quarter. Janus Henderson Group PLC grew its position in AMN Healthcare Services by 114.9% during the 3rd quarter. Janus Henderson Group PLC now owns 25,041 shares of the company’s stock worth $1,370,000 after purchasing an additional 13,386 shares in the last quarter. Finally, BlackRock Inc. grew its position in AMN Healthcare Services by 1.3% during the 3rd quarter. BlackRock Inc. now owns 6,782,835 shares of the company’s stock worth $371,022,000 after purchasing an additional 88,469 shares in the last quarter. 98.62% of the stock is owned by hedge funds and other institutional investors.

Shares of AMN Healthcare Services stock traded up $0.36 on Monday, hitting $49.36. 381,092 shares of the company traded hands, compared to its average volume of 542,837. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 0.69. AMN Healthcare Services, Inc. has a 12-month low of $45.04 and a 12-month high of $68.20. The stock has a market cap of $2.30 billion, a P/E ratio of 15.00, a P/E/G ratio of 1.34 and a beta of 0.75.

AMN Healthcare Services (NYSE:AMN) last posted its quarterly earnings results on Thursday, February 14th. The company reported $0.81 EPS for the quarter, beating the consensus estimate of $0.79 by $0.02. AMN Healthcare Services had a net margin of 6.64% and a return on equity of 25.86%. The business had revenue of $528.60 million for the quarter, compared to analysts’ expectations of $539.25 million. During the same period in the previous year, the company posted $0.63 EPS. AMN Healthcare Services’s revenue was up 3.8% on a year-over-year basis. On average, equities research analysts expect that AMN Healthcare Services, Inc. will post 2.91 earnings per share for the current fiscal year.

In related news, CFO Brian M. Scott sold 7,500 shares of AMN Healthcare Services stock in a transaction on Thursday, January 31st. The shares were sold at an average price of $65.01, for a total value of $487,575.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Susan R. Salka sold 28,746 shares of AMN Healthcare Services stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of $48.05, for a total transaction of $1,381,245.30. The disclosure for this sale can be found here. Insiders own 2.07% of the company’s stock.

AMN has been the topic of several research analyst reports. Zacks Investment Research cut shares of AMN Healthcare Services from a “buy” rating to a “hold” rating in a research report on Monday, December 17th. Sidoti set a $73.00 price objective on shares of AMN Healthcare Services and gave the stock a “buy” rating in a research report on Friday, February 15th. ValuEngine cut shares of AMN Healthcare Services from a “buy” rating to a “hold” rating in a research report on Friday, February 15th. Jefferies Financial Group lifted their price objective on shares of AMN Healthcare Services to $74.00 and gave the stock a “buy” rating in a research report on Wednesday, January 23rd. Finally, Benchmark set a $66.00 price target on shares of AMN Healthcare Services and gave the company a “buy” rating in a report on Thursday, March 28th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the company’s stock. AMN Healthcare Services currently has an average rating of “Hold” and an average price target of $66.78.

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About AMN Healthcare Services

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to healthcare facilities in the United States. The company operates through three segments: Nurse and Allied Solutions, Locum Tenens Solutions, and Other Workforce Solutions. The company offers travel nurse staffing under the American Mobile, Onward Healthcare, Nurses Rx, and O'Grady-Peyton brands; nurse staffing and labor disruption services, a shorter-term staffing solution under the NurseChoice brand; local, or per diem, staffing for daily shift work or on as-needed basis under the Nursefinders brand; and locum tenens staffing for specialties, clinicians, and dentists on an independent contractor basis on temporary assignments under the Staff Care and Locum Leaders brands.

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

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