Pembroke Management LTD Has $13.83 Million Position in AMN Healthcare Services Inc (AMN)

Pembroke Management LTD reduced its holdings in AMN Healthcare Services Inc (NYSE:AMN) by 15.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 302,600 shares of the company’s stock after selling 53,900 shares during the quarter. Pembroke Management LTD owned 0.63% of AMN Healthcare Services worth $13,829,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of AMN. Acrospire Investment Management LLC increased its position in AMN Healthcare Services by 13.3% in the 2nd quarter. Acrospire Investment Management LLC now owns 2,562 shares of the company’s stock valued at $100,000 after acquiring an additional 300 shares during the period. Bank of Montreal Can acquired a new stake in AMN Healthcare Services in the 2nd quarter valued at approximately $105,000. Riverhead Capital Management LLC increased its position in AMN Healthcare Services by 85.2% in the 2nd quarter. Riverhead Capital Management LLC now owns 2,963 shares of the company’s stock valued at $116,000 after acquiring an additional 1,363 shares during the period. Creative Planning acquired a new stake in AMN Healthcare Services in the 2nd quarter valued at approximately $155,000. Finally, Jaffetilchin Investment Partners LLC acquired a new stake in AMN Healthcare Services in the 3rd quarter valued at approximately $217,000.

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AMN has been the topic of several research analyst reports. ValuEngine upgraded AMN Healthcare Services from a “hold” rating to a “buy” rating in a research report on Wednesday, September 27th. Credit Suisse Group initiated coverage on AMN Healthcare Services in a research report on Tuesday, November 7th. They set an “outperform” rating and a $48.00 price target on the stock. BMO Capital Markets reiterated a “buy” rating and set a $48.00 price target (up from $47.00) on shares of AMN Healthcare Services in a research report on Sunday, November 12th. Zacks Investment Research cut AMN Healthcare Services from a “buy” rating to a “hold” rating in a research report on Wednesday, October 4th. Finally, KeyCorp initiated coverage on AMN Healthcare Services in a research report on Friday, November 17th. They set an “overweight” rating and a $50.00 price target on the stock. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. AMN Healthcare Services currently has an average rating of “Buy” and an average price target of $47.44.

In other news, insider Ralph Henderson sold 6,906 shares of the firm’s stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $46.00, for a total value of $317,676.00. Following the completion of the sale, the insider now owns 31,772 shares of the company’s stock, valued at $1,461,512. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Susan R. Salka sold 74,456 shares of the firm’s stock in a transaction on Monday, November 6th. The stock was sold at an average price of $41.86, for a total value of $3,116,728.16. Following the completion of the sale, the insider now directly owns 256,561 shares of the company’s stock, valued at approximately $10,739,643.46. The disclosure for this sale can be found here. Over the last three months, insiders have sold 91,362 shares of company stock valued at $3,863,304. Corporate insiders own 2.49% of the company’s stock.

AMN Healthcare Services Inc (NYSE AMN) traded up $1.20 on Wednesday, hitting $45.75. The stock had a trading volume of 488,900 shares, compared to its average volume of 565,106. The company has a market cap of $2,128.26, a price-to-earnings ratio of 17.47 and a beta of 0.41. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.60. AMN Healthcare Services Inc has a 1-year low of $32.95 and a 1-year high of $46.60.

AMN Healthcare Services (NYSE:AMN) last released its quarterly earnings data on Thursday, November 2nd. The company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.03. The business had revenue of $494.41 million during the quarter, compared to analyst estimates of $493.89 million. AMN Healthcare Services had a return on equity of 25.55% and a net margin of 5.99%. The company’s revenue was up 4.6% compared to the same quarter last year. During the same period last year, the company posted $0.62 EPS. equities research analysts expect that AMN Healthcare Services Inc will post 2.56 EPS for the current fiscal year.

AMN Healthcare Services Company 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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