AMN Healthcare Services, Inc. (NYSE:AMN) Shares Sold by First Hawaiian Bank

First Hawaiian Bank cut its stake in AMN Healthcare Services, Inc. (NYSE:AMN – Get Rating) by 29.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,029 shares of the company’s stock after selling 2,101 shares during the period. First Hawaiian Bank’s holdings in AMN Healthcare Services were worth $517,000 as of its most recent filing with the Securities & Exchange Commission.

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Other institutional investors also recently bought and sold shares of the company. Signaturefd LLC boosted its stake in AMN Healthcare Services by 177.4% in the 3rd quarter. Signaturefd LLC now owns 527 shares of the company’s stock worth $56,000 after purchasing an additional 337 shares in the last quarter. ExodusPoint Capital Management LP acquired a new stake in AMN Healthcare Services during the 3rd quarter valued at approximately $3,553,000. New York State Common Retirement Fund lifted its stake in AMN Healthcare Services by 22.4% during the 3rd quarter. New York State Common Retirement Fund now owns 83,563 shares of the company’s stock valued at $8,854,000 after acquiring an additional 15,270 shares during the period. AlphaCrest Capital Management LLC lifted its stake in AMN Healthcare Services by 9.8% during the 3rd quarter. AlphaCrest Capital Management LLC now owns 9,247 shares of the company’s stock valued at $980,000 after acquiring an additional 824 shares during the period. Finally, Great West Life Assurance Co. Can acquired a new stake in AMN Healthcare Services during the 3rd quarter valued at approximately $5,784,000. 96.94% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Denise L. Jackson sold 4,001 shares of the business’s stock in a transaction on Monday, January 9th. The shares were sold at an average price of $110.76, for a total value of $443,150.76. Following the completion of the sale, the insider now owns 14,078 shares of the company’s stock, valued at approximately $1,559,279.28. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, insider Denise L. Jackson sold 4,001 shares of the business’s stock in a transaction on Monday, January 9th. The shares were sold at an average price of $110.76, for a total value of $443,150.76. Following the completion of the sale, the insider now owns 14,078 shares of the company’s stock, valued at approximately $1,559,279.28. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Denise L. Jackson sold 1,002 shares of the business’s stock in a transaction on Friday, January 6th. The stock was sold at an average price of $109.30, for a total transaction of $109,518.60. Following the completion of the sale, the insider now directly owns 18,079 shares of the company’s stock, valued at approximately $1,976,034.70. The disclosure for this sale can be found here. 0.80% of the stock is owned by insiders.

AMN Healthcare Services Price Performance

NYSE:AMN opened at $82.70 on Friday. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.27 and a quick ratio of 1.27. The firm has a market cap of $3.40 billion, a price-to-earnings ratio of 8.40, a price-to-earnings-growth ratio of 3.04 and a beta of 0.34. The company has a 50 day moving average price of $93.38 and a 200-day moving average price of $105.67. AMN Healthcare Services, Inc. has a 1-year low of $82.43 and a 1-year high of $129.04.

AMN Healthcare Services (NYSE:AMN – Get Rating) last issued its quarterly earnings results on Thursday, February 16th. The company reported $2.48 EPS for the quarter, topping the consensus estimate of $2.17 by $0.31. The company had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.07 billion. AMN Healthcare Services had a net margin of 8.47% and a return on equity of 49.69%. The firm’s revenue was down 17.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.95 EPS. Equities research analysts forecast that AMN Healthcare Services, Inc. will post 8.28 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have commented on AMN shares. BMO Capital Markets decreased their price objective on shares of AMN Healthcare Services from $130.00 to $109.00 and set an “outperform” rating for the company in a research note on Tuesday, February 21st. Robert W. Baird decreased their price objective on shares of AMN Healthcare Services from $134.00 to $111.00 and set a “neutral” rating for the company in a research note on Friday, February 17th. Credit Suisse Group restated an “outperform” rating and set a $147.00 price objective on shares of AMN Healthcare Services in a research note on Friday, February 17th. StockNews.com started coverage on shares of AMN Healthcare Services in a research note on Thursday, March 16th. They set a “hold” rating for the company. Finally, Benchmark reaffirmed a “buy” rating and set a $148.00 target price on shares of AMN Healthcare Services in a report on Monday, February 13th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $131.00.

AMN Healthcare Services Profile

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AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to healthcare facilities across the nation. Its workforce solutions include managed services programs and recruitment process outsourcing. It operates through the following segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions.

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Institutional Ownership by Quarter for AMN Healthcare Services (NYSE:AMN)

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