AMN Healthcare Services, Inc. (NYSE:AMN) Holdings Cut by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC lowered its holdings in AMN Healthcare Services, Inc. (NYSE:AMN) by 6.8% during the first quarter, HoldingsChannel.com reports. The fund owned 50,786 shares of the company’s stock after selling 3,700 shares during the period. Mutual of America Capital Management LLC’s holdings in AMN Healthcare Services were worth $3,175,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of AMN. Hexagon Capital Partners LLC increased its stake in shares of AMN Healthcare Services by 69.0% in the fourth quarter. Hexagon Capital Partners LLC now owns 360 shares of the company’s stock valued at $27,000 after purchasing an additional 147 shares during the period. GAMMA Investing LLC acquired a new stake in shares of AMN Healthcare Services in the fourth quarter valued at approximately $31,000. Quarry LP increased its stake in shares of AMN Healthcare Services by 64.8% in the fourth quarter. Quarry LP now owns 519 shares of the company’s stock valued at $39,000 after purchasing an additional 204 shares during the period. Principal Securities Inc. acquired a new stake in shares of AMN Healthcare Services in the fourth quarter valued at approximately $49,000. Finally, Quadrant Capital Group LLC increased its stake in shares of AMN Healthcare Services by 32.0% in the fourth quarter. Quadrant Capital Group LLC now owns 1,411 shares of the company’s stock valued at $106,000 after purchasing an additional 342 shares during the period. Institutional investors own 99.23% of the company’s stock.

AMN Healthcare Services Trading Up 4.9 %

AMN Healthcare Services stock opened at $49.32 on Friday. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.27 and a current ratio of 1.27. The firm has a market cap of $1.87 billion, a price-to-earnings ratio of 13.26 and a beta of 0.12. AMN Healthcare Services, Inc. has a 1 year low of $46.74 and a 1 year high of $112.38. The firm’s 50 day moving average price is $54.49 and its two-hundred day moving average price is $61.95.

AMN Healthcare Services (NYSE:AMN) last posted its quarterly earnings results on Thursday, May 9th. The company reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.04. The firm had revenue of $820.90 million for the quarter, compared to analyst estimates of $816.54 million. AMN Healthcare Services had a net margin of 4.13% and a return on equity of 31.39%. The firm’s quarterly revenue was down 27.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.49 earnings per share. On average, research analysts predict that AMN Healthcare Services, Inc. will post 3.15 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on AMN shares. Bank of America raised their price target on shares of AMN Healthcare Services from $61.00 to $65.00 and gave the company a “neutral” rating in a research note on Wednesday, May 15th. Benchmark reiterated a “hold” rating on shares of AMN Healthcare Services in a research note on Tuesday, May 28th. StockNews.com upgraded shares of AMN Healthcare Services from a “sell” rating to a “hold” rating in a research note on Friday, May 10th. BMO Capital Markets lowered their price objective on shares of AMN Healthcare Services from $80.00 to $71.00 and set an “outperform” rating on the stock in a research note on Monday, May 13th. Finally, JMP Securities reiterated a “market outperform” rating and set a $75.00 price objective on shares of AMN Healthcare Services in a research note on Friday, May 10th. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $75.57.

AMN Healthcare Services Company Profile

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to healthcare facilities in the United States. It operates through three segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions. The Nurse and Allied Solutions segment offers travel nurse staffing, labor disruption staffing, local staffing, international nurse and allied permanent placement, and allied staffing solutions.