AMN Healthcare Services, Inc. (AMN) Position Lifted by Tealwood Asset Management Inc.

Tealwood Asset Management Inc. increased its holdings in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 14.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 51,206 shares of the company’s stock after acquiring an additional 6,298 shares during the period. Tealwood Asset Management Inc. owned approximately 0.11% of AMN Healthcare Services worth $2,411,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Torray LLC grew its holdings in AMN Healthcare Services by 1.2% in the fourth quarter. Torray LLC now owns 16,411 shares of the company’s stock valued at $930,000 after purchasing an additional 187 shares during the last quarter. Piedmont Investment Advisors Inc. grew its holdings in AMN Healthcare Services by 1.9% in the fourth quarter. Piedmont Investment Advisors Inc. now owns 11,141 shares of the company’s stock valued at $631,000 after purchasing an additional 204 shares during the last quarter. Legal & General Group Plc grew its holdings in AMN Healthcare Services by 0.3% in the fourth quarter. Legal & General Group Plc now owns 110,580 shares of the company’s stock valued at $6,259,000 after purchasing an additional 301 shares during the last quarter. Synovus Financial Corp grew its holdings in AMN Healthcare Services by 2.2% in the fourth quarter. Synovus Financial Corp now owns 14,033 shares of the company’s stock valued at $786,000 after purchasing an additional 302 shares during the last quarter. Finally, ETF Managers Group LLC grew its holdings in AMN Healthcare Services by 15.7% in the fourth quarter. ETF Managers Group LLC now owns 2,296 shares of the company’s stock valued at $130,000 after purchasing an additional 312 shares during the last quarter. 98.62% of the stock is currently owned by institutional investors.

In related news, CFO Brian M. Scott sold 7,500 shares of the stock in a transaction dated Thursday, January 31st. The stock was sold at an average price of $65.01, for a total transaction of $487,575.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Susan R. Salka sold 28,746 shares of the stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of $48.05, for a total value of $1,381,245.30. The disclosure for this sale can be found here. Corporate insiders own 2.07% of the company’s stock.



Several analysts have recently issued reports on AMN shares. Zacks Investment Research downgraded AMN Healthcare Services from a “buy” rating to a “hold” rating in a research report on Tuesday, January 1st. Jefferies Financial Group upped their price objective on AMN Healthcare Services to $74.00 and gave the company a “buy” rating in a research report on Wednesday, January 23rd. ValuEngine downgraded AMN Healthcare Services from a “buy” rating to a “hold” rating in a research report on Friday, February 15th. Sidoti set a $73.00 price objective on AMN Healthcare Services and gave the company a “buy” rating in a research report on Friday, February 15th. Finally, Benchmark set a $66.00 price objective on AMN Healthcare Services and gave the company a “buy” rating in a research report on Thursday, March 28th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the stock. AMN Healthcare Services currently has an average rating of “Hold” and an average price target of $66.78.

Shares of NYSE:AMN traded up $0.49 on Monday, hitting $49.49. The company had a trading volume of 200,060 shares, compared to its average volume of 501,985. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 0.69. AMN Healthcare Services, Inc. has a 52-week low of $45.04 and a 52-week high of $68.20. The company has a market capitalization of $2.30 billion, a P/E ratio of 15.04, a P/E/G ratio of 1.34 and a beta of 0.75.

AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings data on Thursday, February 14th. The company reported $0.81 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.79 by $0.02. AMN Healthcare Services had a return on equity of 25.86% and a net margin of 6.64%. The business had revenue of $528.60 million for the quarter, compared to the consensus estimate of $539.25 million. During the same period in the prior year, the business earned $0.63 earnings per share. The business’s revenue was up 3.8% on a year-over-year basis. On average, sell-side analysts anticipate that AMN Healthcare Services, Inc. will post 2.91 earnings per share for the current year.

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About AMN Healthcare Services

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to healthcare facilities 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; 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 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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