GSA Capital Partners LLP Takes $1.32 Million Position in AMN Healthcare Services Inc $AMN

GSA Capital Partners LLP acquired a new stake in shares of AMN Healthcare Services Inc (NYSE:AMN) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 40,841 shares of the company’s stock, valued at approximately $1,322,000.

A number of other hedge funds also recently bought and sold shares of AMN. Versant Capital Management Inc increased its holdings 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 acquiring an additional 345 shares during the period. Tower Research Capital LLC TRC boosted its position in AMN Healthcare Services by 49.2% during the second quarter. Tower Research Capital LLC TRC now owns 3,093 shares of the company’s stock valued at $64,000 after purchasing an additional 1,020 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in AMN Healthcare Services by 2.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,938 shares of the company’s stock valued at $1,050,000 after purchasing an additional 1,153 shares during the last quarter. Swiss National Bank raised its holdings in AMN Healthcare Services by 1.9% in the fourth quarter. Swiss National Bank now owns 75,600 shares of the company’s stock worth $1,191,000 after purchasing an additional 1,400 shares in the last quarter. Finally, Creative Planning lifted its position in shares of AMN Healthcare Services by 11.0% during the third quarter. Creative Planning now owns 14,664 shares of the company’s stock valued at $284,000 after buying an additional 1,451 shares during the last quarter. Hedge funds and other institutional investors own 99.23% of the company’s stock.

Insiders Place Their Bets

In other AMN Healthcare Services news, Director Mark G. Foletta sold 3,681 shares of the company’s stock in a transaction that occurred 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 transaction, the director owned 17,917 shares in the company, valued at approximately $556,681.19. This represents a 17.04% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.07% of the company’s stock.

AMN Healthcare Services Price Performance

Shares of AMN stock opened at $34.46 on Tuesday. AMN Healthcare Services Inc has a fifty-two week low of $14.97 and a fifty-two week high of $37.22. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.13 and a current ratio of 1.13. The firm has a market capitalization of $1.33 billion, a price-to-earnings ratio of 12.86, a PEG ratio of 1.27 and a beta of 0.40. The stock’s 50-day simple moving average is $32.95 and its 200-day simple moving average is $25.74.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.77 EPS for the quarter, beating the consensus estimate of $0.19 by $0.58. The firm had revenue of $673.24 million during the quarter, compared to analyst estimates of $628.39 million. AMN Healthcare Services had a net margin of 3.06% and a return on equity of 19.92%. AMN Healthcare Services’s revenue was up 2.3% on a year-over-year basis. During the same period last year, the firm posted $0.30 EPS. As a group, equities analysts forecast that AMN Healthcare Services Inc will post 3.1 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms recently commented on AMN. Wall Street Zen lowered shares of AMN Healthcare Services from a “strong-buy” rating to a “buy” rating in a research note on Monday. Weiss Ratings raised shares of AMN Healthcare Services from a “sell (d-)” rating to a “sell (d+)” rating in a report on Tuesday, August 11th. Robert W. Baird set a $36.00 price target on shares of AMN Healthcare Services in a report on Friday, August 7th. BMO Capital Markets upped their price target on AMN Healthcare Services from $25.00 to $26.00 and gave the stock an “outperform” rating in a research report on Monday, May 11th. Finally, UBS Group increased their price objective on AMN Healthcare Services from $32.00 to $35.00 and gave the company a “neutral” rating in a report on Friday, August 7th. Four analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $31.43.

AMN Healthcare Services Company Profile

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.