AlphaMark Advisors LLC Continues to Hold Stake in AMN Healthcare Services Inc (AMN)
AlphaMark Advisors LLC held its position in shares of AMN Healthcare Services Inc (NYSE:AMN) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 23,860 shares of the company’s stock at the end of the second quarter. AlphaMark Advisors LLC’s holdings in AMN Healthcare Services were worth $932,000 at the end of the most recent quarter.
Several other institutional investors have also recently modified their holdings of AMN. Bank of New York Mellon Corp purchased a new position in shares of AMN Healthcare Services during the first quarter worth $52,653,000. US Bancorp DE purchased a new position in shares of AMN Healthcare Services during the first quarter worth $1,175,000. Boston Partners purchased a new position in shares of AMN Healthcare Services during the first quarter worth $5,140,000. Capital Fund Management S.A. purchased a new position in shares of AMN Healthcare Services during the first quarter worth $947,000. Finally, Falcon Point Capital LLC purchased a new position in shares of AMN Healthcare Services during the first quarter worth $23,667,000.
Shares of AMN Healthcare Services Inc (NYSE AMN) traded down 0.066% during midday trading on Wednesday, reaching $37.775. The company had a trading volume of 17,900 shares. The company has a market capitalization of $1.81 billion, a P/E ratio of 15.939 and a beta of 0.56. AMN Healthcare Services Inc has a one year low of $26.00 and a one year high of $43.85. The company has a 50-day moving average price of $37.39 and a 200 day moving average price of $38.68.
AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings data on Thursday, August 3rd. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.60 by $0.07. AMN Healthcare Services had a return on equity of 26.83% and a net margin of 6.01%. The firm had revenue of $489.80 million during the quarter, compared to analyst estimates of $489.79 million. During the same quarter in the prior year, the business posted $0.61 EPS. The business’s revenue for the quarter was up 3.4% compared to the same quarter last year. Equities analysts anticipate that AMN Healthcare Services Inc will post $3.12 earnings per share for the current fiscal year.
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A number of equities analysts have recently weighed in on the company. Zacks Investment Research lowered AMN Healthcare Services from a “buy” rating to a “hold” rating in a research report on Wednesday, July 5th. Wells Fargo & Co began coverage on AMN Healthcare Services in a report on Tuesday, June 27th. They set an “outperform” rating and a $45.00 price target for the company. Finally, ValuEngine downgraded AMN Healthcare Services from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $45.50.
In other news, Director Mark G. Foletta sold 1,500 shares of the stock in a transaction on Tuesday, June 13th. The stock was sold at an average price of $36.71, for a total transaction of $55,065.00. Following the completion of the sale, the director now owns 6,025 shares in the company, valued at approximately $221,177.75. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 2.49% of the company’s stock.
About AMN Healthcare Services
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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