Thompson Investment Management Inc. Boosts Stock Position in AMN Healthcare Services Inc $AMN

Thompson Investment Management Inc. increased its holdings in AMN Healthcare Services Inc (NYSE:AMN) by 10.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 356,534 shares of the company’s stock after purchasing an additional 32,307 shares during the quarter. Thompson Investment Management Inc. owned approximately 0.93% of AMN Healthcare Services worth $6,903,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Yousif Capital Management LLC grew its position in shares of AMN Healthcare Services by 3.2% in the 2nd quarter. Yousif Capital Management LLC now owns 17,027 shares of the company’s stock worth $352,000 after buying an additional 534 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in AMN Healthcare Services by 7.9% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 9,829 shares of the company’s stock worth $203,000 after acquiring an additional 718 shares during the period. SummerHaven Investment Management LLC boosted its holdings in AMN Healthcare Services by 4.8% in the second quarter. SummerHaven Investment Management LLC now owns 17,083 shares of the company’s stock valued at $353,000 after acquiring an additional 777 shares in the last quarter. Tower Research Capital LLC TRC increased its position in AMN Healthcare Services by 49.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,093 shares of the company’s stock valued at $64,000 after purchasing an additional 1,020 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in AMN Healthcare Services by 2.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,938 shares of the company’s stock valued at $1,050,000 after purchasing an additional 1,153 shares during the period. Institutional investors own 99.23% of the company’s stock.

Wall Street Analyst Weigh In

AMN has been the subject of several research analyst reports. UBS Group raised their target price on shares of AMN Healthcare Services from $18.00 to $20.50 and gave the stock a “neutral” rating in a research report on Friday, November 7th. Weiss Ratings restated a “sell (d-)” rating on shares of AMN Healthcare Services in a report on Wednesday, October 8th. Truist Financial lifted their price objective on AMN Healthcare Services from $20.00 to $24.00 and gave the company a “buy” rating in a research report on Monday, October 13th. Zacks Research raised AMN Healthcare Services from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 25th. Finally, Citizens Jmp lowered their target price on AMN Healthcare Services from $24.00 to $22.00 and set a “market outperform” rating for the company in a research note on Friday, December 19th. Five research 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. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $21.42.

AMN Healthcare Services Price Performance

AMN stock opened at $16.13 on Friday. The company has a debt-to-equity ratio of 1.31, a quick ratio of 1.05 and a current ratio of 1.05. The firm has a 50 day moving average price of $17.43 and a 200-day moving average price of $19.03. AMN Healthcare Services Inc has a 52-week low of $14.86 and a 52-week high of $30.49. The firm has a market capitalization of $619.36 million, a price-to-earnings ratio of -2.24 and a beta of 0.21.

AMN Healthcare Services (NYSE:AMN) last posted its quarterly earnings results 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 company had revenue of $634.50 million for the quarter, compared to the consensus estimate of $618.08 million. AMN Healthcare Services had a positive return on equity of 10.89% and a negative net margin of 10.14%.The firm’s quarterly revenue was down 7.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.61 EPS. Equities research analysts forecast that AMN Healthcare Services Inc will post 1.33 EPS for the current fiscal year.

AMN Healthcare Services Company 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.