Thompson Investment Management Inc. Purchases 12,177 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

Thompson Investment Management Inc. raised its holdings in AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 4.1% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 308,807 shares of the company's stock after buying an additional 12,177 shares during the quarter. Thompson Investment Management Inc. owned 0.81% of AMN Healthcare Services worth $7,553,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AMN. Jones Financial Companies Lllp grew its holdings in shares of AMN Healthcare Services by 33.4% during the 4th quarter. Jones Financial Companies Lllp now owns 1,505 shares of the company's stock worth $36,000 after purchasing an additional 377 shares in the last quarter. LRI Investments LLC grew its holdings in shares of AMN Healthcare Services by 368.2% during the 4th quarter. LRI Investments LLC now owns 1,620 shares of the company's stock worth $39,000 after purchasing an additional 1,274 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of AMN Healthcare Services by 46.3% during the 4th quarter. Blue Trust Inc. now owns 2,381 shares of the company's stock worth $57,000 after purchasing an additional 754 shares in the last quarter. KBC Group NV grew its holdings in shares of AMN Healthcare Services by 110.9% during the 4th quarter. KBC Group NV now owns 2,478 shares of the company's stock worth $59,000 after purchasing an additional 1,303 shares in the last quarter. Finally, Covestor Ltd grew its holdings in shares of AMN Healthcare Services by 41.0% during the 4th quarter. Covestor Ltd now owns 2,914 shares of the company's stock worth $70,000 after purchasing an additional 848 shares in the last quarter. Institutional investors and hedge funds own 99.23% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on AMN shares. UBS Group cut their target price on AMN Healthcare Services from $30.00 to $25.50 and set a "neutral" rating for the company in a research report on Tuesday, May 13th. Wall Street Zen upgraded AMN Healthcare Services from a "sell" rating to a "hold" rating in a research report on Tuesday, March 25th. Truist Financial cut their target price on AMN Healthcare Services from $40.00 to $25.00 and set a "buy" rating for the company in a research report on Tuesday, April 15th. Finally, BMO Capital Markets cut their target price on AMN Healthcare Services from $38.00 to $33.00 and set an "outperform" rating for the company in a research report on Monday, February 24th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $32.08.

AMN Healthcare Services Price Performance

AMN traded down $0.07 during trading on Friday, hitting $21.55. The company's stock had a trading volume of 413,830 shares, compared to its average volume of 916,859. The firm's 50 day moving average price is $20.51 and its two-hundred day moving average price is $23.64. The company has a quick ratio of 1.18, a current ratio of 1.09 and a debt-to-equity ratio of 1.49. AMN Healthcare Services, Inc. has a 12 month low of $17.45 and a 12 month high of $70.07. The stock has a market capitalization of $825.04 million, a price-to-earnings ratio of -5.60 and a beta of 0.19.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.26. AMN Healthcare Services had a positive return on equity of 15.22% and a negative net margin of 4.93%. The firm had revenue of $689.53 million during the quarter, compared to the consensus estimate of $670.08 million. During the same quarter in the previous year, the company posted $0.97 EPS. The business's revenue for the quarter was down 16.0% compared to the same quarter last year. Sell-side analysts forecast that AMN Healthcare Services, Inc. will post 1.33 earnings per share for the current fiscal 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.