AMN Healthcare Services, Inc. (NYSE:AMN) Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System reduced its stake in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 2.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 64,446 shares of the company’s stock after selling 1,500 shares during the period. New York State Teachers Retirement System owned 0.17% of AMN Healthcare Services worth $4,826,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. Holocene Advisors LP acquired a new position in AMN Healthcare Services in the 2nd quarter valued at $92,796,000. Pacer Advisors Inc. raised its holdings in AMN Healthcare Services by 145.8% in the 4th quarter. Pacer Advisors Inc. now owns 1,396,603 shares of the company’s stock valued at $104,578,000 after acquiring an additional 828,390 shares during the last quarter. Teacher Retirement System of Texas raised its holdings in AMN Healthcare Services by 3,287.3% in the 3rd quarter. Teacher Retirement System of Texas now owns 555,990 shares of the company’s stock valued at $47,359,000 after acquiring an additional 539,576 shares during the last quarter. Renaissance Technologies LLC raised its holdings in AMN Healthcare Services by 1,181.5% in the 1st quarter. Renaissance Technologies LLC now owns 540,800 shares of the company’s stock valued at $56,422,000 after acquiring an additional 498,600 shares during the last quarter. Finally, Norges Bank acquired a new position in AMN Healthcare Services in the 4th quarter valued at $49,022,000. 99.23% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on AMN shares. BMO Capital Markets cut their price target on AMN Healthcare Services from $85.00 to $83.00 and set an “outperform” rating for the company in a report on Tuesday, February 20th. StockNews.com raised shares of AMN Healthcare Services from a “sell” rating to a “hold” rating in a research note on Friday, March 29th. Finally, JMP Securities lowered their price objective on shares of AMN Healthcare Services from $87.00 to $75.00 and set a “market outperform” rating for the company in a research note on Monday, February 26th. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, AMN Healthcare Services currently has an average rating of “Hold” and a consensus target price of $87.25.

AMN Healthcare Services Stock Down 0.9 %

Shares of AMN Healthcare Services stock opened at $56.63 on Friday. The company has a fifty day moving average price of $62.55 and a 200 day moving average price of $69.35. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 1.57. AMN Healthcare Services, Inc. has a twelve month low of $53.77 and a twelve month high of $112.44. The stock has a market cap of $2.15 billion, a price-to-earnings ratio of 10.71 and a beta of 0.22.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings results on Thursday, February 15th. The company reported $1.32 earnings per share for the quarter, topping analysts’ consensus estimates of $1.25 by $0.07. AMN Healthcare Services had a net margin of 5.56% and a return on equity of 38.29%. The firm had revenue of $818.27 million during the quarter, compared to analysts’ expectations of $803.14 million. During the same period in the prior year, the company earned $2.48 EPS. The firm’s revenue was down 27.3% on a year-over-year basis. Equities research analysts forecast that AMN Healthcare Services, Inc. will post 3.97 earnings per share for the current fiscal year.

Insider Buying and Selling at AMN Healthcare Services

In other news, Director Jorge A. Caballero acquired 2,000 shares of the firm’s stock in a transaction on Wednesday, March 6th. The stock was bought at an average cost of $56.80 per share, with a total value of $113,600.00. Following the transaction, the director now directly owns 2,437 shares in the company, valued at approximately $138,421.60. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other news, CFO Jeffrey R. Knudson acquired 6,951 shares of the firm’s stock in a transaction on Wednesday, February 28th. The stock was bought at an average cost of $57.75 per share, with a total value of $401,420.25. Following the transaction, the chief financial officer now directly owns 27,804 shares in the company, valued at approximately $1,605,681. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jorge A. Caballero acquired 2,000 shares of the firm’s stock in a transaction on Wednesday, March 6th. The stock was purchased at an average cost of $56.80 per share, with a total value of $113,600.00. Following the completion of the transaction, the director now owns 2,437 shares in the company, valued at $138,421.60. The disclosure for this purchase can be found here. Insiders bought a total of 26,626 shares of company stock valued at $1,516,899 in the last ninety days. Insiders own 0.93% of the company’s stock.

AMN Healthcare Services Profile

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to 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, labor disruption staffing, local staffing, international nurse and allied permanent placement, and allied staffing solutions.