Goldman Sachs Group Inc. trimmed its position in AMN Healthcare Services, Inc. (NYSE:AMN) by 7.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 891,077 shares of the company’s stock after selling 73,770 shares during the quarter. Goldman Sachs Group Inc.’s holdings in AMN Healthcare Services were worth $43,886,000 as of its most recent SEC filing.
Other hedge funds have also recently made changes to their positions in the company. Raymond James Financial Services Advisors Inc. acquired a new stake in AMN Healthcare Services in the fourth quarter worth about $206,000. Creative Planning acquired a new position in shares of AMN Healthcare Services during the 4th quarter worth about $209,000. M&T Bank Corp acquired a new position in shares of AMN Healthcare Services during the 4th quarter worth about $210,000. Shelton Capital Management acquired a new position in shares of AMN Healthcare Services during the 4th quarter worth about $212,000. Finally, Polen Capital Management LLC acquired a new position in shares of AMN Healthcare Services during the 4th quarter worth about $223,000.
In other news, CFO Brian M. Scott sold 3,634 shares of AMN Healthcare Services stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $55.03, for a total transaction of $199,979.02. Following the transaction, the chief financial officer now owns 78,062 shares in the company, valued at approximately $4,295,751.86. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Ralph Henderson sold 8,219 shares of AMN Healthcare Services stock in a transaction dated Thursday, January 25th. The shares were sold at an average price of $52.00, for a total value of $427,388.00. Following the transaction, the insider now owns 30,052 shares in the company, valued at approximately $1,562,704. The disclosure for this sale can be found here. Insiders have sold a total of 131,835 shares of company stock worth $6,701,558 in the last quarter. 2.18% of the stock is currently owned by company insiders.
AMN Healthcare Services, Inc. (NYSE AMN) opened at $59.15 on Tuesday. AMN Healthcare Services, Inc. has a 1-year low of $34.71 and a 1-year high of $60.10. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 0.57. The firm has a market capitalization of $2,847.59, a PE ratio of 21.99 and a beta of 0.47.
AMN Healthcare Services (NYSE:AMN) last released its quarterly earnings data on Thursday, February 15th. The company reported $0.63 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.63. AMN Healthcare Services had a return on equity of 24.26% and a net margin of 6.67%. The business had revenue of $509.10 million for the quarter, compared to analysts’ expectations of $501.64 million. During the same quarter in the previous year, the business posted $0.62 EPS. AMN Healthcare Services’s revenue for the quarter was up 4.3% on a year-over-year basis. analysts forecast that AMN Healthcare Services, Inc. will post 3.25 earnings per share for the current fiscal year.
AMN has been the subject of several analyst reports. Jefferies Group initiated coverage on AMN Healthcare Services in a research report on Thursday, February 1st. They set a “buy” rating and a $66.00 target price for the company. ValuEngine upgraded AMN Healthcare Services from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Benchmark restated a “buy” rating and set a $60.00 target price (up from $52.00) on shares of AMN Healthcare Services in a research report on Monday, January 8th. Robert W. Baird boosted their target price on AMN Healthcare Services from $43.00 to $60.00 and gave the stock a “positive” rating in a research report on Friday, February 16th. Finally, Zacks Investment Research lowered AMN Healthcare Services from a “hold” rating to a “sell” rating in a research report on Tuesday, January 2nd. Eleven analysts have rated the stock with a buy rating, AMN Healthcare Services presently has a consensus rating of “Buy” and an average price target of $57.60.
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AMN Healthcare Services Company Profile
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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