Segall Bryant & Hamill LLC Purchases Shares of 20,833 AMN Healthcare Services Inc $AMN

Segall Bryant & Hamill LLC purchased a new stake in shares of AMN Healthcare Services Inc (NYSE:AMN) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 20,833 shares of the company’s stock, valued at approximately $382,000.

Several other institutional investors also recently modified their holdings of AMN. Royal Bank of Canada lifted its stake in shares of AMN Healthcare Services by 1.5% in the first quarter. Royal Bank of Canada now owns 194,366 shares of the company’s stock worth $4,753,000 after acquiring an additional 2,784 shares during the period. AQR Capital Management LLC increased its position in shares of AMN Healthcare Services by 54.2% during the first quarter. AQR Capital Management LLC now owns 98,026 shares of the company’s stock worth $2,398,000 after buying an additional 34,465 shares during the period. Jacobs Levy Equity Management Inc. acquired a new stake in shares of AMN Healthcare Services during the first quarter worth $283,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in AMN Healthcare Services by 2.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,938 shares of the company’s stock worth $1,050,000 after buying an additional 1,153 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in AMN Healthcare Services by 13.7% during the first quarter. Goldman Sachs Group Inc. now owns 429,908 shares of the company’s stock valued at $10,516,000 after acquiring an additional 51,737 shares during the last quarter. Institutional investors own 99.23% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Zacks Research cut AMN Healthcare Services from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 20th. UBS Group increased their price target on AMN Healthcare Services from $19.50 to $32.00 and gave the stock a “neutral” rating in a report on Wednesday, May 13th. Citigroup reaffirmed a “market outperform” rating on shares of AMN Healthcare Services in a research report on Tuesday, June 23rd. Wall Street Zen lowered shares of AMN Healthcare Services from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 1st. Finally, BMO Capital Markets increased their target price on shares of AMN Healthcare Services from $25.00 to $26.00 and gave the stock an “outperform” rating in a research note on Monday, May 11th. Four investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $29.00.

Insider Activity at AMN Healthcare Services

In other news, Director Mark G. Foletta sold 3,681 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $31.07, for a total value of $114,368.67. Following the transaction, the director owned 17,917 shares in the company, valued at $556,681.19. This trade represents a 17.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.07% of the stock is currently owned by company insiders.

AMN Healthcare Services Trading Down 7.0%

NYSE:AMN opened at $30.50 on Friday. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.09 and a quick ratio of 1.09. AMN Healthcare Services Inc has a one year low of $14.86 and a one year high of $36.27. The company has a market cap of $1.18 billion, a PE ratio of -35.06, a PEG ratio of 0.75 and a beta of 0.40. The firm has a 50-day moving average of $32.37 and a 200-day moving average of $25.01.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.58. The business had revenue of $673.24 million for the quarter, compared to analysts’ expectations of $628.39 million. AMN Healthcare Services had a negative net margin of 0.95% and a positive return on equity of 18.01%. The firm’s revenue for the quarter was up 2.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.30 EPS. As a group, equities research analysts expect that AMN Healthcare Services Inc will post 2.7 EPS for the current fiscal year.

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.