Trade Report: The Capital Fund Management S.A. Acquires 2,745 Shares of AMN Healthcare Services Inc. (AHS)

The Capital Fund Management S.A. Acquires 2,745 Shares of AMN Healthcare Services Inc. (AHS)

Capital Fund Management S.A. boosted its position in AMN Healthcare Services Inc. (NYSE:AHS) by 33.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,925 shares of the company’s stock after buying an additional 2,745 shares during the period. Capital Fund Management S.A.’s holdings in AMN Healthcare Services were worth $437,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Meeder Asset Management Inc. increased its position in AMN Healthcare Services by 12.7% in the second quarter. Meeder Asset Management Inc. now owns 4,758 shares of the company’s stock worth $191,000 after buying an additional 536 shares in the last quarter. Parametrica Management Ltd purchased a new position in AMN Healthcare Services during the second quarter worth approximately $202,000. M&T Bank Corp purchased a new position in AMN Healthcare Services during the first quarter worth approximately $241,000. Creative Planning increased its position in AMN Healthcare Services by 35.7% in the second quarter. Creative Planning now owns 6,320 shares of the company’s stock worth $253,000 after buying an additional 1,661 shares in the last quarter. Finally, Foundry Partners LLC increased its position in AMN Healthcare Services by 0.7% in the second quarter. Foundry Partners LLC now owns 6,400 shares of the company’s stock worth $256,000 after buying an additional 45 shares in the last quarter. Hedge funds and other institutional investors own 97.47% of the company’s stock.

AMN Healthcare Services Inc. (NYSE:AHS) traded up 3.01% during midday trading on Thursday, hitting $34.18. The stock had a trading volume of 1,228,140 shares. AMN Healthcare Services Inc. has a 1-year low of $21.24 and a 1-year high of $44.99. The firm has a market capitalization of $1.64 billion, a price-to-earnings ratio of 15.84 and a beta of 0.85. The firm has a 50-day moving average price of $34.06 and a 200-day moving average price of $37.04.

AMN Healthcare Services (NYSE:AHS) last released its quarterly earnings data on Thursday, August 4th. The company reported $0.61 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.53 by $0.08. AMN Healthcare Services had a return on equity of 29.27% and a net margin of 6.14%. The business had revenue of $473.70 million for the quarter, compared to analysts’ expectations of $455.14 million. During the same quarter in the previous year, the business posted $0.38 EPS. AMN Healthcare Services’s revenue for the quarter was up 35.3% on a year-over-year basis. On average, equities research analysts anticipate that AMN Healthcare Services Inc. will post $2.29 earnings per share for the current year.

A number of equities analysts recently commented on the company. Zacks Investment Research downgraded AMN Healthcare Services from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 5th. Lake Street Capital upped their target price on AMN Healthcare Services from $46.00 to $50.00 and gave the stock a “buy” rating in a research report on Friday, August 5th. Finally, BMO Capital Markets reaffirmed a “buy” rating and set a $47.00 target price on shares of AMN Healthcare Services in a research report on Wednesday, September 7th. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. AMN Healthcare Services has a consensus rating of “Buy” and an average target price of $45.80.

In related news, insider Susan R. Salka sold 30,000 shares of AMN Healthcare Services stock in a transaction that occurred on Friday, July 22nd. The stock was sold at an average price of $44.00, for a total value of $1,320,000.00. Following the sale, the insider now owns 288,688 shares of the company’s stock, valued at approximately $12,702,272. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 2.60% of the company’s stock.

About AMN Healthcare Services

AMN Healthcare Services, Inc (AMN Healthcare) offers healthcare workforce solutions and staffing services to healthcare facilities. The Company operates through three segments: Nurse and Allied Healthcare Staffing Segment, Locum Tenens Staffing Segment and Physician Permanent Placement Services Segment.

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