Copper Rock Capital Partners Lowers stake in AMN Healthcare Services (AHS)

AMN Healthcare Services (AHS) : Copper Rock Capital Partners reduced its stake in AMN Healthcare Services by 0.48% during the most recent quarter end. The investment management company now holds a total of 927,384 shares of AMN Healthcare Services which is valued at $31.8 Million after selling 4,470 shares in AMN Healthcare Services according to a report filed by the company on Apr 5, 2016 with the SEC.AMN Healthcare Services makes up approximately 2.79% of Copper Rock Capital Partners’s portfolio.

On the company’s financial health, AMN Healthcare Services reported $0.47 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on Feb 18, 2016. Analyst had a consensus of $0.40. The company had revenue of $402.55 million for the quarter, compared to analysts expectations of $387.55 million. The company’s revenue was up 43.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.23 EPS.

AMN Healthcare Services closed down -0.33 points or -0.95% at $34.27 with 5,20,292 shares getting traded on Monday. Post opening the session at $34.91, the shares hit an intraday low of $34.044 and an intraday high of $34.97 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

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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