Mirae Asset Global Investments Co. Ltd. Has $4.11 Million Stock Position in AMN Healthcare Services, Inc. (NYSE:AMN)

Mirae Asset Global Investments Co. Ltd. lessened its holdings in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 24.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 54,866 shares of the company's stock after selling 17,993 shares during the period. Mirae Asset Global Investments Co. Ltd. owned approximately 0.15% of AMN Healthcare Services worth $4,108,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in AMN. Assenagon Asset Management S.A. acquired a new stake in AMN Healthcare Services during the 4th quarter valued at $5,361,000. American Century Companies Inc. lifted its stake in shares of AMN Healthcare Services by 13.1% in the 3rd quarter. American Century Companies Inc. now owns 177,151 shares of the company's stock valued at $15,090,000 after purchasing an additional 20,510 shares during the period. Pacer Advisors Inc. grew its stake in shares of AMN Healthcare Services by 145.8% during the fourth quarter. Pacer Advisors Inc. now owns 1,396,603 shares of the company's stock worth $104,578,000 after purchasing an additional 828,390 shares during the period. Comerica Bank acquired a new position in AMN Healthcare Services in the third quarter valued at about $4,195,000. Finally, Cambiar Investors LLC grew its position in shares of AMN Healthcare Services by 17.8% during the 3rd quarter. Cambiar Investors LLC now owns 27,056 shares of the company's stock worth $2,305,000 after buying an additional 4,079 shares during the period. Institutional investors own 99.23% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on AMN. StockNews.com lowered shares of AMN Healthcare Services from a "hold" rating to a "sell" rating in a report on Monday. JMP Securities reduced their price target on shares of AMN Healthcare Services from $87.00 to $75.00 and set a "market outperform" rating for the company in a report on Monday, February 26th. Finally, BMO Capital Markets dropped their price objective on shares of AMN Healthcare Services from $85.00 to $83.00 and set an "outperform" rating on the stock in a report on Tuesday, February 20th. One analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $87.25.

Insiders Place Their Bets

In other AMN Healthcare Services news, Director Jorge A. Caballero bought 2,000 shares of the firm's stock in a transaction on Wednesday, March 6th. The shares were purchased at an average price of $56.80 per share, for a total transaction of $113,600.00. Following the transaction, the director now directly owns 2,437 shares in the company, valued at approximately $138,421.60. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, Director Jorge A. Caballero bought 2,000 shares of the business's stock in a transaction dated Wednesday, March 6th. The stock was purchased at an average cost of $56.80 per share, for a total transaction of $113,600.00. Following the transaction, the director now owns 2,437 shares in the company, valued at approximately $138,421.60. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Caroline Grace purchased 17,500 shares of the firm's stock in a transaction that occurred on Tuesday, February 27th. The stock was bought at an average price of $56.68 per share, for a total transaction of $991,900.00. Following the transaction, the chief executive officer now directly owns 27,178 shares of the company's stock, valued at approximately $1,540,449.04. The disclosure for this purchase can be found here. Insiders have bought 26,626 shares of company stock worth $1,516,899 in the last 90 days. Company insiders own 0.93% of the company's stock.

AMN Healthcare Services Stock Down 0.5 %

NYSE:AMN traded down $0.27 on Tuesday, hitting $56.82. 618,693 shares of the company's stock were exchanged, compared to its average volume of 790,872. The firm has a 50-day moving average price of $62.22 and a 200-day moving average price of $69.05. AMN Healthcare Services, Inc. has a 52 week low of $53.77 and a 52 week high of $112.44. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.28 and a quick ratio of 1.28. The company has a market cap of $2.15 billion, a P/E ratio of 10.74 and a beta of 0.22.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last released its quarterly earnings data on Thursday, February 15th. The company reported $1.32 EPS for the quarter, beating the consensus estimate of $1.25 by $0.07. The company had revenue of $818.27 million during the quarter, compared to the consensus estimate of $803.14 million. AMN Healthcare Services had a return on equity of 38.29% and a net margin of 5.56%. The firm's revenue for the quarter was down 27.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.48 EPS. As a group, analysts expect that AMN Healthcare Services, Inc. will post 3.97 EPS for the current fiscal year.

About AMN Healthcare Services

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.