Cwm LLC Has $589,000 Stock Position in AMN Healthcare Services, Inc. (NYSE:AMN)

Cwm LLC grew its stake in AMN Healthcare Services, Inc. (NYSE:AMN) by 10.6% during the third quarter, Holdings Channel reports. The firm owned 13,894 shares of the company’s stock after purchasing an additional 1,336 shares during the period. Cwm LLC’s holdings in AMN Healthcare Services were worth $589,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Tributary Capital Management LLC grew its holdings in shares of AMN Healthcare Services by 20.2% during the first quarter. Tributary Capital Management LLC now owns 266,585 shares of the company’s stock worth $16,664,000 after purchasing an additional 44,740 shares in the last quarter. Vaughan Nelson Investment Management L.P. purchased a new position in AMN Healthcare Services during the second quarter valued at $45,481,000. New South Capital Management Inc. boosted its stake in AMN Healthcare Services by 24.6% during the second quarter. New South Capital Management Inc. now owns 563,147 shares of the company’s stock worth $28,850,000 after acquiring an additional 111,302 shares in the last quarter. Quadrature Capital Ltd grew its stake in shares of AMN Healthcare Services by 366.6% in the 1st quarter. Quadrature Capital Ltd now owns 23,246 shares of the company’s stock worth $1,455,000 after buying an additional 18,264 shares during the last quarter. Finally, Virtu Financial LLC purchased a new stake in shares of AMN Healthcare Services in the first quarter worth $878,000. 99.23% of the stock is owned by institutional investors.

AMN Healthcare Services Stock Down 3.3 %

Shares of AMN opened at $41.01 on Friday. The stock’s 50 day moving average is $46.18 and its two-hundred day moving average is $52.97. AMN Healthcare Services, Inc. has a 12 month low of $36.50 and a 12 month high of $80.22. The firm has a market cap of $1.56 billion, a P/E ratio of 11.02 and a beta of 0.11. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 1.36.

AMN Healthcare Services (NYSE:AMN) last released its earnings results on Thursday, August 8th. The company reported $0.98 earnings per share for the quarter, topping analysts’ consensus estimates of $0.76 by $0.22. AMN Healthcare Services had a net margin of 3.07% and a return on equity of 23.68%. The business had revenue of $740.69 million for the quarter, compared to analyst estimates of $740.43 million. During the same period last year, the company posted $2.38 EPS. The business’s revenue was down 25.3% on a year-over-year basis. Analysts predict that AMN Healthcare Services, Inc. will post 3.21 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. JMP Securities reaffirmed a “market outperform” rating and set a $66.00 price target on shares of AMN Healthcare Services in a report on Friday, October 4th. Bank of America cut AMN Healthcare Services from a “neutral” rating to an “underperform” rating and decreased their price target for the company from $65.00 to $48.00 in a report on Monday, October 7th. Benchmark restated a “hold” rating on shares of AMN Healthcare Services in a research report on Wednesday, October 2nd. BMO Capital Markets increased their target price on AMN Healthcare Services from $60.00 to $71.00 and gave the company an “outperform” rating in a research report on Monday, August 12th. Finally, UBS Group dropped their price objective on shares of AMN Healthcare Services from $66.00 to $65.00 and set a “neutral” rating for the company in a research note on Friday, August 9th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, AMN Healthcare Services has an average rating of “Hold” and a consensus price target of $65.00.

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.