Paloma Partners Management Co acquired a new stake in shares of AMN Healthcare Services, Inc. (NYSE:AMN) during the second quarter, Holdings Channel reports. The firm acquired 7,998 shares of the company’s stock, valued at approximately $468,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. increased its position in shares of AMN Healthcare Services by 8.7% during the second 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 period. Hermes Investment Management Ltd. increased its position in shares of AMN Healthcare Services by 12.8% during the second quarter. Hermes Investment Management Ltd. now owns 1,192,647 shares of the company’s stock valued at $69,889,000 after purchasing an additional 135,690 shares during the period. PNC Financial Services Group Inc. increased its position in shares of AMN Healthcare Services by 1.4% during the first quarter. PNC Financial Services Group Inc. now owns 1,169,319 shares of the company’s stock valued at $66,361,000 after purchasing an additional 15,988 shares during the period. Voya Investment Management LLC increased its position in shares of AMN Healthcare Services by 55.5% during the second 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 period. Finally, FMR LLC increased its position in shares of AMN Healthcare Services by 15.2% during the second quarter. FMR LLC now owns 1,026,700 shares of the company’s stock valued at $60,165,000 after purchasing an additional 135,300 shares during the period.

Shares of AMN stock opened at $52.70 on Tuesday. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 0.77. The firm has a market capitalization of $2.44 billion, a P/E ratio of 18.72, a P/E/G ratio of 1.23 and a beta of 0.30. AMN Healthcare Services, Inc. has a one year low of $37.71 and a one year high of $68.20.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings results on Thursday, August 2nd. The company reported $0.83 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.78 by $0.05. The business had revenue of $558.10 million for the quarter, compared to analyst estimates of $533.99 million. AMN Healthcare Services had a return on equity of 23.75% and a net margin of 7.08%. AMN Healthcare Services’s quarterly revenue was up 13.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.67 EPS. research analysts expect that AMN Healthcare Services, Inc. will post 3.21 earnings per share for the current fiscal year.

A number of research firms have recently issued reports on AMN. ValuEngine cut AMN Healthcare Services from a “buy” rating to a “hold” rating in a research report on Wednesday, September 12th. Zacks Investment Research upgraded AMN Healthcare Services from a “sell” rating to a “hold” rating in a research report on Monday, August 27th. Lake Street Capital lowered their price objective on AMN Healthcare Services from $70.00 to $67.00 and set a “buy” rating on the stock in a research report on Friday, August 3rd. Robert W. Baird restated a “hold” rating and set a $58.00 price objective on shares of AMN Healthcare Services in a research report on Friday, August 3rd. Finally, BMO Capital Markets restated a “buy” rating on shares of AMN Healthcare Services in a research report on Friday, August 3rd. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $65.11.

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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