Kalmar Investments Inc. DE Sells 13,786 Shares of AMN Healthcare Services Inc. (AHS)
Kalmar Investments Inc. DE lowered its stake in shares of AMN Healthcare Services Inc. (NYSE:AHS) by 2.0% during the second quarter, Holdings Channel reports. The institutional investor owned 674,951 shares of the company’s stock after selling 13,786 shares during the period. AMN Healthcare Services accounts for 1.2% of Kalmar Investments Inc. DE’s holdings, making the stock its 28th largest position. Kalmar Investments Inc. DE’s holdings in AMN Healthcare Services were worth $26,978,000 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 the stock. Concert Wealth Management Inc. boosted its position in shares of AMN Healthcare Services by 0.9% in the second quarter. Concert Wealth Management Inc. now owns 6,399 shares of the company’s stock valued at $256,000 after buying an additional 59 shares in the last quarter. Public Employees Retirement Association of Colorado boosted its stake in AMN Healthcare Services by 3.2% in the second quarter. Public Employees Retirement Association of Colorado now owns 460,786 shares of the company’s stock worth $18,418,000 after buying an additional 14,093 shares during the period. Hood River Capital Management LLC boosted its stake in AMN Healthcare Services by 30.1% in the second quarter. Hood River Capital Management LLC now owns 511,556 shares of the company’s stock worth $20,447,000 after buying an additional 118,370 shares during the period. Capital Fund Management S.A. boosted its stake in AMN Healthcare Services by 33.6% in the second quarter. Capital Fund Management S.A. now owns 10,925 shares of the company’s stock worth $437,000 after buying an additional 2,745 shares during the period. Finally, Boston Advisors LLC boosted its stake in AMN Healthcare Services by 0.3% in the second quarter. Boston Advisors LLC now owns 15,995 shares of the company’s stock worth $639,000 after buying an additional 45 shares during the period. Institutional investors own 97.12% of the company’s stock.
Shares of AMN Healthcare Services Inc. (NYSE:AHS) traded up 1.13% during mid-day trading on Tuesday, hitting $34.13. The stock had a trading volume of 848,588 shares. AMN Healthcare Services Inc. has a 52-week low of $21.24 and a 52-week high of $44.99. The company has a market cap of $1.64 billion, a PE ratio of 15.82 and a beta of 0.85. The stock has a 50 day moving average price of $33.91 and a 200-day moving average price of $37.09.
AMN Healthcare Services (NYSE:AHS) last posted its quarterly earnings results on Thursday, August 4th. The company reported $0.61 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.53 by $0.08. AMN Healthcare Services had a net margin of 6.14% and a return on equity of 29.27%. The firm earned $473.70 million during the quarter, compared to analyst estimates of $455.14 million. During the same quarter in the prior year, the business posted $0.38 earnings per share. The company’s quarterly revenue was up 35.3% compared to the same quarter last year. On average, equities analysts expect that AMN Healthcare Services Inc. will post $2.29 earnings per share for the current fiscal year.
AHS has been the subject of a number of recent analyst reports. Lake Street Capital boosted their price objective on AMN Healthcare Services from $46.00 to $50.00 and gave the company a “buy” rating in a research report on Friday, August 5th. Zacks Investment Research cut AMN Healthcare Services from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 5th. Finally, BMO Capital Markets restated a “buy” rating and issued a $47.00 price objective on shares of AMN Healthcare Services in a research report on Wednesday, September 7th. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $45.80.
In related news, insider Susan R. Salka sold 30,000 shares of the stock in a transaction dated Friday, July 22nd. The shares were sold at an average price of $44.00, for a total value of $1,320,000.00. Following the completion of the transaction, the insider now owns 288,688 shares of the company’s stock, valued at $12,702,272. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 2.60% of the stock is currently owned by corporate insiders.
AMN Healthcare Services Company Profile
AMN Healthcare Services, Inc (AMN Healthcare) offers healthcare workforce solutions and staffing services to healthcare facilities. The Company operates through three segments: Nurse and Allied Healthcare Staffing Segment, Locum Tenens Staffing Segment and Physician Permanent Placement Services Segment.
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