AMN Healthcare Services, Inc. (NYSE:AMN) Shares Sold by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC lessened its position in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 11.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,496 shares of the company’s stock after selling 850 shares during the period. Integrated Wealth Concepts LLC’s holdings in AMN Healthcare Services were worth $275,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Versor Investments LP bought a new position in AMN Healthcare Services during the 3rd quarter worth approximately $818,000. Anthracite Investment Company Inc. acquired a new position in shares of AMN Healthcare Services during the third quarter valued at $1,696,000. Vaughan Nelson Investment Management L.P. acquired a new position in shares of AMN Healthcare Services during the second quarter valued at $45,481,000. New South Capital Management Inc. grew its position in shares of 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 during the last quarter. Finally, Thrivent Financial for Lutherans increased its holdings in shares of AMN Healthcare Services by 2.4% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,293,483 shares of the company’s stock worth $54,831,000 after acquiring an additional 30,157 shares during the period. Institutional investors own 99.23% of the company’s stock.

AMN Healthcare Services Stock Performance

Shares of AMN opened at $27.17 on Friday. The firm has a 50-day moving average price of $33.02 and a 200 day moving average price of $45.65. The firm has a market capitalization of $1.03 billion, a PE ratio of 19.68 and a beta of 0.04. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.27. AMN Healthcare Services, Inc. has a 52-week low of $23.37 and a 52-week high of $80.22.

AMN Healthcare Services (NYSE:AMN) last posted its quarterly earnings data on Thursday, November 7th. The company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.03. AMN Healthcare Services had a net margin of 1.73% and a return on equity of 17.16%. The company had revenue of $687.51 million during the quarter, compared to analyst estimates of $670.08 million. During the same quarter last year, the firm posted $1.97 EPS. On average, sell-side analysts anticipate that AMN Healthcare Services, Inc. will post 3.07 earnings per share for the current fiscal year.

Insider Activity

In other news, CFO Jeffrey R. Knudson sold 2,461 shares of the firm’s stock in a transaction dated Saturday, November 2nd. The shares were sold at an average price of $36.90, for a total transaction of $90,810.90. Following the completion of the transaction, the chief financial officer now owns 37,550 shares in the company, valued at approximately $1,385,595. This trade represents a 6.15 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.93% of the company’s stock.

Analyst Ratings Changes

AMN has been the topic of a number of analyst reports. Benchmark reaffirmed a “hold” rating on shares of AMN Healthcare Services in a report on Wednesday, October 2nd. BMO Capital Markets dropped their price objective on shares of AMN Healthcare Services from $50.00 to $46.00 and set an “outperform” rating on the stock in a report on Monday, November 11th. Bank of America cut shares of AMN Healthcare Services from a “neutral” rating to an “underperform” rating and dropped their price objective for the stock from $65.00 to $48.00 in a report on Monday, October 7th. JMP Securities dropped their price objective on shares of AMN Healthcare Services from $66.00 to $57.00 and set a “market outperform” rating on the stock in a report on Tuesday, October 22nd. Finally, Jefferies Financial Group dropped their price objective on shares of AMN Healthcare Services from $41.00 to $27.00 and set a “hold” rating on the stock in a report on Wednesday, November 13th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, AMN Healthcare Services presently has a consensus rating of “Hold” and a consensus price target of $48.33.

AMN Healthcare Services 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.