Thompson Investment Management Inc. Purchases 32,307 Shares of AMN Healthcare Services Inc $AMN

Thompson Investment Management Inc. grew its position in AMN Healthcare Services Inc (NYSE:AMN) by 10.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 356,534 shares of the company’s stock after buying an additional 32,307 shares during the period. Thompson Investment Management Inc.’s holdings in AMN Healthcare Services were worth $6,903,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Millennium Management LLC grew its holdings in shares of AMN Healthcare Services by 137.5% during the first quarter. Millennium Management LLC now owns 1,097,482 shares of the company’s stock valued at $26,844,000 after buying an additional 635,296 shares during the last quarter. Federated Hermes Inc. lifted its position in AMN Healthcare Services by 307.2% in the 2nd quarter. Federated Hermes Inc. now owns 651,409 shares of the company’s stock valued at $13,465,000 after acquiring an additional 491,454 shares in the last quarter. CenterBook Partners LP boosted its stake in AMN Healthcare Services by 321.4% during the 2nd quarter. CenterBook Partners LP now owns 639,863 shares of the company’s stock valued at $13,226,000 after purchasing an additional 488,029 shares during the last quarter. McElhenny Sheffield Capital Management LLC bought a new stake in shares of AMN Healthcare Services in the 2nd quarter worth $8,227,000. Finally, Qube Research & Technologies Ltd increased its holdings in shares of AMN Healthcare Services by 165.8% in the 2nd quarter. Qube Research & Technologies Ltd now owns 370,444 shares of the company’s stock worth $7,657,000 after purchasing an additional 231,079 shares in the last quarter. Institutional investors own 99.23% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on AMN. Zacks Research raised AMN Healthcare Services from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 25th. Citigroup reissued a “market outperform” rating on shares of AMN Healthcare Services in a research report on Friday, December 19th. Truist Financial upped their target price on shares of AMN Healthcare Services from $20.00 to $24.00 and gave the company a “buy” rating in a research note on Monday, October 13th. UBS Group lifted their price target on shares of AMN Healthcare Services from $18.00 to $20.50 and gave the stock a “neutral” rating in a research note on Friday, November 7th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of AMN Healthcare Services in a report on Wednesday, October 8th. Five analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $21.42.

AMN Healthcare Services Stock Up 0.7%

AMN stock opened at $16.13 on Friday. The business’s 50-day moving average is $17.43 and its two-hundred day moving average is $19.03. The company has a market cap of $619.36 million, a price-to-earnings ratio of -2.24 and a beta of 0.21. AMN Healthcare Services Inc has a fifty-two week low of $14.86 and a fifty-two week high of $30.49. The company has a debt-to-equity ratio of 1.31, a quick ratio of 1.05 and a current ratio of 1.05.

AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings data on Thursday, November 6th. The company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.20. The firm had revenue of $634.50 million for the quarter, compared to analysts’ expectations of $618.08 million. AMN Healthcare Services had a negative net margin of 10.14% and a positive return on equity of 10.89%. The business’s quarterly revenue was down 7.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.61 EPS. As a group, analysts forecast that AMN Healthcare Services Inc will post 1.33 earnings per share for the current year.

AMN Healthcare Services Profile

AMN Healthcare Services, Inc (NYSE: AMN) is a leading provider of healthcare workforce solutions in the United States. The company specializes in staffing and recruitment services for a broad range of clinical and allied health professionals, including travel nurses, permanent placement of nursing staff, locum tenens physicians, and allied health personnel. In addition to direct staffing, AMN Healthcare offers comprehensive workforce management solutions such as vendor management systems (VMS), recruitment process outsourcing (RPO), and compliance and credentialing services through its technology platforms.

Founded in 1985 as American Mobile Nurses, the company rebranded to AMN Healthcare in 2010 to reflect its expanding portfolio of services.