Teacher Retirement System of Texas raised its position in shares of AMN Healthcare Services Inc. (NYSE:AHS) by 11.8% during the second quarter, Holdings Channel reports. The institutional investor owned 6,572 shares of the company’s stock after buying an additional 696 shares during the period. Teacher Retirement System of Texas’ holdings in AMN Healthcare Services were worth $263,000 as of its most recent filing with the SEC.
Other large investors have also modified their holdings of the company. Meeder Asset Management Inc. increased its stake 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 valued at $191,000 after buying an additional 536 shares during the period. Parametrica Management Ltd bought a new position in shares of AMN Healthcare Services during the second quarter valued at about $202,000. Intrust Bank NA bought a new position in shares of AMN Healthcare Services during the second quarter valued at about $208,000. Wealthsource Partners LLC bought a new position in shares of AMN Healthcare Services during the second quarter valued at about $240,000. Finally, Creative Planning raised its position in shares of AMN Healthcare Services by 35.7% in the second quarter. Creative Planning now owns 6,320 shares of the company’s stock valued at $253,000 after buying an additional 1,661 shares in the last quarter. 97.12% of the stock is currently owned by hedge funds and other institutional investors.
AMN Healthcare Services Inc. (NYSE:AHS) opened at 33.84 on Monday. The stock has a 50 day moving average price of $33.97 and a 200 day moving average price of $37.04. AMN Healthcare Services Inc. has a 52-week low of $21.24 and a 52-week high of $44.99. The company has a market capitalization of $1.63 billion, a price-to-earnings ratio of 15.68 and a beta of 0.85.
AMN Healthcare Services (NYSE:AHS) last announced its earnings results on Thursday, August 4th. The company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.08. AMN Healthcare Services had a net margin of 6.14% and a return on equity of 29.27%. The company earned $473.70 million during the quarter, compared to analyst estimates of $455.14 million. During the same period in the previous year, the business earned $0.38 earnings per share. The firm’s quarterly revenue was up 35.3% compared to the same quarter last year. Equities research analysts forecast that AMN Healthcare Services Inc. will post $2.29 earnings per share for the current year.
AHS has been the subject of several analyst reports. Lake Street Capital raised 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. 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. Finally, Zacks Investment Research lowered AMN Healthcare Services from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 5th. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $45.80.
In other AMN Healthcare Services news, insider Susan R. Salka sold 30,000 shares of the company’s stock in a transaction dated Friday, July 22nd. The shares were sold at an average price of $44.00, for a total transaction of $1,320,000.00. Following the completion of the sale, the insider now directly owns 288,688 shares in the company, valued at $12,702,272. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 2.60% of the stock is currently owned by corporate insiders.
AMN Healthcare Services Company Profile
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.