Third Avenue Management LLC reduced its position in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 36.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 55,755 shares of the company’s stock after selling 31,994 shares during the period. Third Avenue Management LLC owned about 0.12% of AMN Healthcare Services worth $3,050,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in AMN. BlackRock Inc. lifted its holdings in AMN Healthcare Services by 8.7% during the 2nd quarter. BlackRock Inc. now owns 6,694,366 shares of the company’s stock valued at $392,290,000 after purchasing an additional 533,007 shares during the last quarter. Rothschild Asset Management Inc. bought a new position in AMN Healthcare Services during the 2nd quarter valued at about $30,246,000. Voya Investment Management LLC lifted its holdings in AMN Healthcare Services by 55.5% during the 2nd quarter. Voya Investment Management LLC now owns 1,062,917 shares of the company’s stock valued at $62,287,000 after purchasing an additional 379,588 shares during the last quarter. Epoch Investment Partners Inc. bought a new position in AMN Healthcare Services during the 2nd quarter valued at about $18,935,000. Finally, OppenheimerFunds Inc. lifted its holdings in AMN Healthcare Services by 1,320.5% during the 2nd quarter. OppenheimerFunds Inc. now owns 292,543 shares of the company’s stock valued at $17,143,000 after purchasing an additional 271,949 shares during the last quarter.

AMN opened at $61.10 on Tuesday. The company has a quick ratio of 1.58, a current ratio of 1.58 and a debt-to-equity ratio of 0.77. The stock has a market capitalization of $2.89 billion, a price-to-earnings ratio of 23.87, a P/E/G ratio of 1.45 and a beta of 0.54. AMN Healthcare Services, Inc. has a 1-year low of $43.90 and a 1-year high of $68.20.

AMN Healthcare Services (NYSE:AMN) last posted its quarterly earnings data on Wednesday, October 31st. The company reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.08. The firm had revenue of $526.84 million during the quarter, compared to analysts’ expectations of $526.90 million. AMN Healthcare Services had a net margin of 6.96% and a return on equity of 25.32%. The company’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.63 EPS. As a group, equities research analysts forecast that AMN Healthcare Services, Inc. will post 3.27 EPS for the current year.

Several equities analysts recently issued reports on the stock. Jefferies Financial Group reissued a “buy” rating and set a $68.00 price target on shares of AMN Healthcare Services in a report on Friday, August 3rd. Berenberg Bank assumed coverage on shares of AMN Healthcare Services in a report on Thursday, October 4th. They set a “buy” rating and a $70.00 price target for the company. ValuEngine downgraded shares of AMN Healthcare Services from a “buy” rating to a “hold” rating in a report on Friday, August 3rd. Lake Street Capital cut their price target on shares of AMN Healthcare Services from $70.00 to $67.00 and set a “buy” rating for the company in a report on Friday, August 3rd. Finally, Zacks Investment Research downgraded shares of AMN Healthcare Services from a “hold” rating to a “sell” rating in a report on Monday, August 6th. Three equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $65.10.

In other AMN Healthcare Services news, insider Susan R. Salka sold 11,953 shares of the firm’s stock in a transaction dated Monday, November 5th. The shares were sold at an average price of $56.49, for a total value of $675,224.97. Following the completion of the sale, the insider now owns 153,789 shares in the company, valued at approximately $8,687,540.61. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 2.18% of the company’s stock.

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AMN Healthcare Services Profile

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services 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; rapid response 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 from a few days up to one year 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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