73,842 Shares in AMN Healthcare Services Inc (AMN) Acquired by Third Avenue Management LLC
Third Avenue Management LLC purchased a new position in shares of AMN Healthcare Services Inc (NYSE:AMN) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 73,842 shares of the company’s stock, valued at approximately $2,884,000. Third Avenue Management LLC owned about 0.15% of AMN Healthcare Services at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Morgan Stanley acquired a new stake in AMN Healthcare Services during the 1st quarter worth $17,056,000. Vanguard Group Inc. bought a new position in shares of AMN Healthcare Services in the 1st quarter worth $172,667,000. Credit Suisse AG acquired a new stake in shares of AMN Healthcare Services during the first quarter worth $1,088,000. Texas Permanent School Fund acquired a new stake in shares of AMN Healthcare Services during the first quarter worth $1,403,000. Finally, State Street Corp acquired a new stake in shares of AMN Healthcare Services during the first quarter worth $47,957,000. 99.95% of the stock is owned by institutional investors and hedge funds.
AMN Healthcare Services Inc (AMN) traded up 0.055% during trading on Monday, reaching $45.725. The company’s stock had a trading volume of 110,121 shares. The company’s 50-day moving average is $37.63 and its 200-day moving average is $38.43. The stock has a market cap of $2.19 billion, a PE ratio of 19.293 and a beta of 0.45. AMN Healthcare Services Inc has a 12 month low of $26.00 and a 12 month high of $45.95.
AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings data on Thursday, August 3rd. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.07. The firm had revenue of $489.80 million for the quarter, compared to analyst estimates of $489.79 million. AMN Healthcare Services had a net margin of 6.01% and a return on equity of 26.83%. The business’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.61 earnings per share. Equities analysts expect that AMN Healthcare Services Inc will post $3.12 EPS for the current fiscal year.
Several research analysts recently weighed in on the stock. ValuEngine raised shares of AMN Healthcare Services from a “hold” rating to a “buy” rating in a research note on Wednesday, September 27th. BMO Capital Markets reaffirmed a “buy” rating and set a $43.00 price target on shares of AMN Healthcare Services in a research report on Friday, September 1st. Zacks Investment Research upgraded AMN Healthcare Services from a “hold” rating to a “buy” rating and set a $44.00 price objective on the stock in a report on Tuesday, July 4th. Finally, Wells Fargo & Company assumed coverage on AMN Healthcare Services in a report on Tuesday, June 27th. They set an “outperform” rating and a $45.00 price objective on the stock. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $44.83.
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AMN Healthcare Services Company Profile
AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services at acute and sub-acute care hospitals and other healthcare facilities throughout the United States. The Company’s segments include nurse and allied solutions, locum tenens solutions and other workforce solutions.
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