TIAA CREF Investment Management LLC Sells 8,694 Shares of AMN Healthcare Services, Inc. (AMN)

TIAA CREF Investment Management LLC decreased its holdings in AMN Healthcare Services, Inc. (NYSE:AMN) by 5.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 157,621 shares of the company’s stock after selling 8,694 shares during the quarter. TIAA CREF Investment Management LLC’s holdings in AMN Healthcare Services were worth $7,763,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of AMN. Victory Capital Management Inc. boosted its stake in shares of AMN Healthcare Services by 29.2% in the fourth quarter. Victory Capital Management Inc. now owns 1,021,463 shares of the company’s stock valued at $50,307,000 after purchasing an additional 231,101 shares during the period. BlackRock Inc. raised its holdings in AMN Healthcare Services by 3.0% in the fourth quarter. BlackRock Inc. now owns 5,934,876 shares of the company’s stock valued at $292,292,000 after acquiring an additional 174,113 shares in the last quarter. Quantitative Investment Management LLC acquired a new stake in AMN Healthcare Services in the fourth quarter valued at approximately $6,008,000. Rice Hall James & Associates LLC raised its holdings in AMN Healthcare Services by 20.8% in the fourth quarter. Rice Hall James & Associates LLC now owns 522,423 shares of the company’s stock valued at $25,729,000 after acquiring an additional 89,942 shares in the last quarter. Finally, Peregrine Capital Management LLC raised its holdings in AMN Healthcare Services by 9.1% in the fourth quarter. Peregrine Capital Management LLC now owns 691,663 shares of the company’s stock valued at $34,064,000 after acquiring an additional 57,774 shares in the last quarter.

AMN stock opened at $64.15 on Thursday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.79 and a current ratio of 1.79. AMN Healthcare Services, Inc. has a twelve month low of $34.71 and a twelve month high of $64.60. The company has a market cap of $3,012.01, a price-to-earnings ratio of 24.69 and a beta of 0.42.



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, hitting analysts’ consensus estimates of $0.63. AMN Healthcare Services had a net margin of 6.67% and a return on equity of 24.26%. The company had revenue of $509.10 million for the quarter, compared to analysts’ expectations of $501.64 million. During the same quarter last year, the company earned $0.62 earnings per share. The firm’s revenue for the quarter was up 4.3% on a year-over-year basis. analysts predict that AMN Healthcare Services, Inc. will post 3.37 earnings per share for the current year.

In other AMN Healthcare Services news, insider Susan R. Salka sold 95,219 shares of the firm’s stock in a transaction that occurred on Friday, January 12th. The shares were sold at an average price of $49.35, for a total transaction of $4,699,057.65. Following the sale, the insider now owns 222,168 shares of the company’s stock, valued at $10,963,990.80. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Ralph Henderson sold 8,219 shares of the firm’s stock in a transaction that occurred on Thursday, January 25th. The stock was sold at an average price of $52.00, for a total transaction of $427,388.00. Following the sale, the insider now directly owns 30,052 shares in the company, valued at approximately $1,562,704. The disclosure for this sale can be found here. In the last three months, insiders have sold 131,835 shares of company stock worth $6,701,558. 2.18% of the stock is owned by corporate insiders.

Several brokerages recently weighed in on AMN. Lake Street Capital raised their target price on shares of AMN Healthcare Services to $70.00 and gave the company a “buy” rating in a report on Tuesday. BMO Capital Markets raised their target price on shares of AMN Healthcare Services from $64.00 to $66.00 and gave the company an “outperform” rating in a report on Tuesday. Jefferies Group reaffirmed a “buy” rating and issued a $71.00 target price on shares of AMN Healthcare Services in a report on Tuesday. Robert W. Baird reaffirmed a “buy” rating and issued a $64.00 target price on shares of AMN Healthcare Services in a report on Tuesday. Finally, Benchmark raised their target price on shares of AMN Healthcare Services from $60.00 to $66.00 and gave the company a “buy” rating in a report on Tuesday. Eleven equities research analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and a consensus price target of $62.60.

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

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