Thompson Investment Management Inc. Has $2.91 Million Holdings in AMN Healthcare Services, Inc. (NYSE:AMN)

Thompson Investment Management Inc. grew its holdings in AMN Healthcare Services, Inc. (NYSE:AMN) by 6.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 46,514 shares of the company’s stock after purchasing an additional 2,758 shares during the quarter. Thompson Investment Management Inc.’s holdings in AMN Healthcare Services were worth $2,908,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. HighTower Advisors LLC grew its holdings in AMN Healthcare Services by 61.1% during the 3rd quarter. HighTower Advisors LLC now owns 10,051 shares of the company’s stock worth $862,000 after acquiring an additional 3,813 shares during the period. QRG Capital Management Inc. bought a new stake in AMN Healthcare Services in the third quarter valued at about $211,000. Envestnet Portfolio Solutions Inc. acquired a new position in AMN Healthcare Services in the third quarter valued at about $585,000. Envestnet Asset Management Inc. lifted its stake in AMN Healthcare Services by 41.2% in the third quarter. Envestnet Asset Management Inc. now owns 144,056 shares of the company’s stock valued at $12,271,000 after buying an additional 42,026 shares during the period. Finally, FMR LLC boosted its holdings in AMN Healthcare Services by 0.8% during the third quarter. FMR LLC now owns 68,862 shares of the company’s stock worth $5,866,000 after buying an additional 536 shares during the last quarter. Institutional investors and hedge funds own 99.23% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on AMN. Bank of America increased their price target on shares of AMN Healthcare Services from $61.00 to $65.00 and gave the company a “neutral” rating in a research report on Wednesday, May 15th. Benchmark reissued a “hold” rating on shares of AMN Healthcare Services in a research report on Tuesday, May 28th. BMO Capital Markets lowered their price objective on shares of AMN Healthcare Services from $80.00 to $71.00 and set an “outperform” rating for the company in a research report on Monday, May 13th. JMP Securities reaffirmed a “market outperform” rating and set a $75.00 price objective on shares of AMN Healthcare Services in a research note on Friday, May 10th. Finally, Truist Financial decreased their target price on AMN Healthcare Services from $88.00 to $70.00 and set a “buy” rating for the company in a research note on Monday, April 22nd. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, AMN Healthcare Services presently has an average rating of “Hold” and a consensus target price of $75.57.

AMN Healthcare Services Stock Down 0.2 %

AMN stock traded down $0.08 during trading hours on Wednesday, reaching $53.16. 304,769 shares of the stock were exchanged, compared to its average volume of 794,635. The company has a market cap of $2.02 billion, a price-to-earnings ratio of 14.46 and a beta of 0.17. The firm’s 50-day moving average is $56.44 and its 200-day moving average is $63.62. AMN Healthcare Services, Inc. has a 12 month low of $51.56 and a 12 month high of $112.44. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.27 and a quick ratio of 1.27.

AMN Healthcare Services (NYSE:AMN) last posted its quarterly earnings data on Thursday, May 9th. The company reported $0.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.04. AMN Healthcare Services had a return on equity of 31.39% and a net margin of 4.13%. The business had revenue of $820.90 million during the quarter, compared to the consensus estimate of $816.54 million. During the same period last year, the company earned $2.49 earnings per share. AMN Healthcare Services’s quarterly revenue was down 27.1% on a year-over-year basis. On average, equities research analysts expect that AMN Healthcare Services, Inc. will post 3.15 earnings per share for the current year.

About AMN Healthcare Services

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.