Scout Investments Inc. Raises Position in AMN Healthcare Services, Inc. (AMN)

Scout Investments Inc. increased its stake in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 2.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 112,924 shares of the company’s stock after purchasing an additional 2,579 shares during the period. Scout Investments Inc. owned 0.24% of AMN Healthcare Services worth $6,177,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of AMN. New England Research & Management Inc. raised its holdings in AMN Healthcare Services by 43.2% in the 3rd quarter. New England Research & Management Inc. now owns 23,147 shares of the company’s stock valued at $1,266,000 after acquiring an additional 6,982 shares during the last quarter. Northern Trust Corp raised its holdings in AMN Healthcare Services by 8.8% in the 2nd quarter. Northern Trust Corp now owns 674,253 shares of the company’s stock valued at $39,511,000 after acquiring an additional 54,499 shares during the last quarter. Moody Aldrich Partners LLC raised its holdings in AMN Healthcare Services by 139.1% in the 2nd quarter. Moody Aldrich Partners LLC now owns 94,922 shares of the company’s stock valued at $5,562,000 after acquiring an additional 55,218 shares during the last quarter. Truvestments Capital LLC acquired a new position in AMN Healthcare Services in the 2nd quarter valued at $218,000. Finally, Jane Street Group LLC raised its holdings in AMN Healthcare Services by 89.8% in the 2nd quarter. Jane Street Group LLC now owns 7,722 shares of the company’s stock valued at $453,000 after acquiring an additional 3,653 shares during the last quarter.

Several research analysts have weighed in on AMN shares. Zacks Investment Research upgraded AMN Healthcare Services from a “sell” rating to a “hold” rating in a report on Tuesday, July 10th. BMO Capital Markets reiterated a “buy” rating and issued a $67.00 price target on shares of AMN Healthcare Services in a report on Thursday, July 12th. Jefferies Financial Group reiterated a “buy” rating and issued a $68.00 price target on shares of AMN Healthcare Services in a report on Friday, August 3rd. Robert W. Baird reiterated a “hold” rating and issued a $58.00 price target on shares of AMN Healthcare Services in a report on Friday, August 3rd. Finally, Lake Street Capital cut their price target on AMN Healthcare Services from $70.00 to $67.00 and set a “buy” rating for the company in a report on Friday, August 3rd. Three equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $65.60.

AMN stock opened at $53.48 on Friday. The firm has a market cap of $2.59 billion, a PE ratio of 18.83, a PEG ratio of 1.31 and a beta of 0.32. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.65 and a quick ratio of 1.65. AMN Healthcare Services, Inc. has a 52 week low of $37.71 and a 52 week high of $68.20.

AMN Healthcare Services (NYSE:AMN) last released its quarterly earnings data on Thursday, August 2nd. The company reported $0.83 EPS for the quarter, topping analysts’ consensus estimates of $0.78 by $0.05. The business had revenue of $558.10 million during the quarter, compared to the consensus estimate of $533.99 million. AMN Healthcare Services had a return on equity of 23.75% and a net margin of 7.08%. The business’s revenue for the quarter was up 13.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.67 EPS. On average, analysts forecast that AMN Healthcare Services, Inc. will post 3.21 earnings per share for the current fiscal year.

About AMN Healthcare Services

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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