AMN Healthcare Services, Inc. (NYSE:AMN) Shares Sold by Citigroup Inc.

Citigroup Inc. reduced its holdings in shares of AMN Healthcare Services, Inc. (NYSE:AMNGet Rating) by 3.6% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 49,148 shares of the company’s stock after selling 1,833 shares during the quarter. Citigroup Inc. owned approximately 0.11% of AMN Healthcare Services worth $5,127,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in AMN. Geode Capital Management LLC boosted its position in shares of AMN Healthcare Services by 5.4% in the 4th quarter. Geode Capital Management LLC now owns 817,682 shares of the company’s stock valued at $100,027,000 after purchasing an additional 41,627 shares during the period. American Century Companies Inc. boosted its position in shares of AMN Healthcare Services by 28.8% in the 1st quarter. American Century Companies Inc. now owns 630,353 shares of the company’s stock valued at $65,765,000 after purchasing an additional 140,776 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of AMN Healthcare Services by 2.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 483,601 shares of the company’s stock valued at $59,159,000 after purchasing an additional 12,223 shares during the period. Neumeier Poma Investment Counsel LLC boosted its position in shares of AMN Healthcare Services by 13.8% in the 1st quarter. Neumeier Poma Investment Counsel LLC now owns 476,910 shares of the company’s stock valued at $49,756,000 after purchasing an additional 57,870 shares during the period. Finally, Burney Co. boosted its position in shares of AMN Healthcare Services by 42.8% in the 1st quarter. Burney Co. now owns 304,562 shares of the company’s stock valued at $31,775,000 after purchasing an additional 91,357 shares during the period. 96.36% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Credit Suisse Group upped their target price on AMN Healthcare Services to $125.00 in a research report on Tuesday, August 9th. StockNews.com cut AMN Healthcare Services from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, August 2nd. Five research analysts have rated the stock with a buy rating, According to MarketBeat, AMN Healthcare Services presently has an average rating of “Buy” and an average target price of $140.50.

Insider Transactions at AMN Healthcare Services

In other news, insider Denise L. Jackson sold 6,330 shares of the stock in a transaction that occurred on Friday, August 26th. The stock was sold at an average price of $107.09, for a total transaction of $677,879.70. Following the completion of the transaction, the insider now directly owns 18,267 shares of the company’s stock, valued at approximately $1,956,213.03. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.80% of the company’s stock.

AMN Healthcare Services Stock Up 1.0 %

AMN opened at $103.60 on Thursday. The business has a 50 day moving average price of $110.95 and a two-hundred day moving average price of $104.01. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.81. The company has a market cap of $4.48 billion, a PE ratio of 10.55, a P/E/G ratio of 2.79 and a beta of 0.29. AMN Healthcare Services, Inc. has a 52 week low of $82.75 and a 52 week high of $129.12.

AMN Healthcare Services (NYSE:AMNGet Rating) last posted its quarterly earnings data on Thursday, August 4th. The company reported $3.31 EPS for the quarter, beating the consensus estimate of $3.00 by $0.31. The firm had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.37 billion. AMN Healthcare Services had a return on equity of 49.78% and a net margin of 8.81%. The firm’s revenue was up 66.4% compared to the same quarter last year. During the same period in the prior year, the business earned $1.64 EPS. As a group, research analysts anticipate that AMN Healthcare Services, Inc. will post 11.26 EPS for the current year.

AMN Healthcare Services declared that its Board of Directors has initiated a share repurchase program on Wednesday, June 15th that allows the company to buyback $250.00 million in shares. This buyback authorization allows the company to repurchase up to 5.7% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s management believes its stock is undervalued.

AMN Healthcare Services Company Profile

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AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to hospitals and healthcare facilities in the United States. It operates through three segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions. The Nurse and Allied Solutions segment offers travel nurse staffing, rapid response nurse staffing and labor disruption, allied staffing, local staffing, and revenue cycle solutions.

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Institutional Ownership by Quarter for AMN Healthcare Services (NYSE:AMN)

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