Thompson Investment Management Inc. Acquires 235,067 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

Thompson Investment Management Inc. boosted its holdings in shares of AMN Healthcare Services, Inc. (NYSE:AMNFree Report) by 381.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 296,630 shares of the company’s stock after acquiring an additional 235,067 shares during the period. Thompson Investment Management Inc.’s holdings in AMN Healthcare Services were worth $7,095,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Trust Point Inc. lifted its holdings in AMN Healthcare Services by 12.0% during the fourth quarter. Trust Point Inc. now owns 10,368 shares of the company’s stock worth $248,000 after acquiring an additional 1,112 shares in the last quarter. KBC Group NV lifted its holdings in AMN Healthcare Services by 110.9% during the fourth quarter. KBC Group NV now owns 2,478 shares of the company’s stock worth $59,000 after acquiring an additional 1,303 shares in the last quarter. Tributary Capital Management LLC lifted its holdings in AMN Healthcare Services by 40.9% during the fourth quarter. Tributary Capital Management LLC now owns 328,085 shares of the company’s stock worth $7,848,000 after acquiring an additional 95,204 shares in the last quarter. Exchange Traded Concepts LLC lifted its holdings in AMN Healthcare Services by 91.0% during the fourth quarter. Exchange Traded Concepts LLC now owns 12,814 shares of the company’s stock worth $307,000 after acquiring an additional 6,106 shares in the last quarter. Finally, Reinhart Partners LLC. acquired a new stake in shares of AMN Healthcare Services in the 4th quarter valued at about $12,341,000. 99.23% of the stock is currently owned by institutional investors.

AMN Healthcare Services Trading Down 3.2 %

AMN Healthcare Services stock opened at $25.24 on Friday. AMN Healthcare Services, Inc. has a 52 week low of $22.47 and a 52 week high of $79.74. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.18 and a current ratio of 1.18. The stock has a market capitalization of $960.89 million, a P/E ratio of 18.29 and a beta of 0.07. The stock has a 50-day simple moving average of $25.97 and a 200 day simple moving average of $37.90.

AMN Healthcare Services (NYSE:AMNGet Free Report) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.58 by $0.03. AMN Healthcare Services had a return on equity of 17.16% and a net margin of 1.73%. The company had revenue of $687.51 million during the quarter, compared to analysts’ expectations of $670.08 million. During the same quarter in the previous year, the company posted $1.97 earnings per share. Analysts expect that AMN Healthcare Services, Inc. will post 3.07 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have issued reports on the company. JMP Securities reissued a “market outperform” rating and issued a $34.00 price target on shares of AMN Healthcare Services in a research note on Thursday. William Blair downgraded AMN Healthcare Services from an “outperform” rating to a “market perform” rating in a research note on Friday, November 8th. Truist Financial dropped their price target on AMN Healthcare Services from $50.00 to $47.00 and set a “buy” rating on the stock in a research note on Friday, November 8th. Jefferies Financial Group dropped their price target on AMN Healthcare Services from $41.00 to $27.00 and set a “hold” rating on the stock in a research note on Wednesday, November 13th. Finally, BMO Capital Markets lowered their target price on AMN Healthcare Services from $50.00 to $46.00 and set an “outperform” rating on the stock in a research report on Monday, November 11th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $44.50.

Check Out Our Latest Research Report on AMN Healthcare Services

About AMN Healthcare Services

(Free Report)

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.

Further Reading

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

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