Kennedy Capital Management buys $37.9 Million stake in AMN Healthcare Services (AHS)

AMN Healthcare Services (AHS) : Kennedy Capital Management scooped up 204,289 additional shares in AMN Healthcare Services during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 1,013,097 shares of AMN Healthcare Services which is valued at $37.9 Million.AMN Healthcare Services makes up approximately 0.78% of Kennedy Capital Management’s portfolio.

Other Hedge Funds, Including , Public Sector Pension Investment Board boosted its stake in AHS in the latest quarter, The investment management firm added 900 additional shares and now holds a total of 33,714 shares of AMN Healthcare Services which is valued at $1.3 Million. AMN Healthcare Services makes up approx 0.01% of Public Sector Pension Investment Board’s portfolio.Mirae Asset Global Investments Ltd. reduced its stake in AHS by selling 1,800 shares or 7.5% in the most recent quarter. The Hedge Fund company now holds 22,200 shares of AHS which is valued at $830,502. AMN Healthcare Services makes up approx 0.02% of Mirae Asset Global Investments Ltd.’s portfolio.Zacks Investment Management boosted its stake in AHS in the latest quarter, The investment management firm added 14,307 additional shares and now holds a total of 30,618 shares of AMN Healthcare Services which is valued at $1.1 Million. AMN Healthcare Services makes up approx 0.04% of Zacks Investment Management’s portfolio.Proshare Advisors reduced its stake in AHS by selling 1,189 shares or 14.67% in the most recent quarter. The Hedge Fund company now holds 6,917 shares of AHS which is valued at $259,595.

AMN Healthcare Services closed down -0.15 points or -0.42% at $35.25 with 6,33,079 shares getting traded on Wednesday. Post opening the session at $35.48, the shares hit an intraday low of $34.98 and an intraday high of $35.8 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

On the company’s financial health, AMN Healthcare Services reported $0.60 EPS for the quarter, beating the analyst consensus estimate by $ 0.10 according to the earnings call on May 5, 2016. Analyst had a consensus of $0.50. The company had revenue of $468.00 million for the quarter, compared to analysts expectations of $446.47 million. The company’s revenue was up 42.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.30 EPS.

AMN Healthcare Services Inc. (AMN Healthcare) offers healthcare workforce solutions and staffing services to healthcare facilities. The Company’s workforce solutions include managed services programs (MSP) vendor management systems (VMS) recruitment process outsourcing (RPO) workforce consulting services predictive modeling staff scheduling and the placement of physicians nurses and allied healthcare professionals into temporary and permanent positions enable its clients to reduce staffing complexity increase efficiency and improve patient outcomes within the rapidly evolving healthcare environment. The Company’s clients include acute and sub-acute care hospitals community health centers and clinics physician practice groups home health facilities and several other healthcare settings. The Company provides its services through three segments: Nurse and Allied Healthcare Staffing Segment Locum Tenens Staffing Segment and Physician Permanent Placement Services Segment.

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