Thompson Investment Management Inc. Raises Holdings in AMN Healthcare Services Inc $AMN

Thompson Investment Management Inc. lifted its position in shares of AMN Healthcare Services Inc (NYSE:AMN) by 24.3% in the 4th quarter, Holdings Channel reports. The fund owned 443,113 shares of the company’s stock after buying an additional 86,579 shares during the quarter. Thompson Investment Management Inc.’s holdings in AMN Healthcare Services were worth $6,983,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in AMN Healthcare Services by 0.4% during the third quarter. Vanguard Group Inc. now owns 4,388,431 shares of the company’s stock valued at $84,960,000 after purchasing an additional 16,315 shares during the last quarter. Millennium Management LLC boosted its position in AMN Healthcare Services by 262.1% during the third quarter. Millennium Management LLC now owns 1,287,918 shares of the company’s stock worth $24,934,000 after purchasing an additional 932,269 shares during the period. Woodline Partners LP purchased a new position in shares of AMN Healthcare Services in the third quarter worth about $19,176,000. Bank of America Corp DE increased its stake in shares of AMN Healthcare Services by 11.6% in the second quarter. Bank of America Corp DE now owns 919,408 shares of the company’s stock worth $19,004,000 after purchasing an additional 95,720 shares in the last quarter. Finally, Geode Capital Management LLC raised its position in shares of AMN Healthcare Services by 3.4% in the second quarter. Geode Capital Management LLC now owns 909,204 shares of the company’s stock valued at $18,795,000 after purchasing an additional 30,155 shares during the period. Hedge funds and other institutional investors own 99.23% of the company’s stock.

Analysts Set New Price Targets

AMN has been the topic of a number of recent research reports. JPMorgan Chase & Co. set a $25.00 price target on shares of AMN Healthcare Services in a research note on Thursday, January 15th. Citigroup reissued an “outperform” rating on shares of AMN Healthcare Services in a report on Monday, February 23rd. UBS Group increased their target price on AMN Healthcare Services from $19.00 to $19.50 and gave the stock a “neutral” rating in a research report on Friday, February 20th. BMO Capital Markets raised their price target on AMN Healthcare Services from $22.00 to $25.00 and gave the stock an “outperform” rating in a report on Thursday, January 15th. Finally, Citizens Jmp lifted their price target on AMN Healthcare Services from $22.00 to $24.00 and gave the company a “market outperform” rating in a research report on Monday, February 23rd. Four equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $22.64.

AMN Healthcare Services Stock Performance

Shares of AMN opened at $18.98 on Monday. The company has a market cap of $733.39 million, a PE ratio of -7.62, a price-to-earnings-growth ratio of 0.77 and a beta of 0.23. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 1.19. The stock has a 50-day moving average price of $19.51 and a 200-day moving average price of $18.38. AMN Healthcare Services Inc has a 12-month low of $14.86 and a 12-month high of $24.72.

AMN Healthcare Services (NYSE:AMN) last posted its quarterly earnings data on Thursday, February 19th. The company reported $0.22 earnings per share for the quarter, hitting the consensus estimate of $0.22. The company had revenue of $748.23 million for the quarter, compared to analysts’ expectations of $723.11 million. AMN Healthcare Services had a negative net margin of 3.51% and a positive return on equity of 8.05%. AMN Healthcare Services’s revenue for the quarter was up 1.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.75 earnings per share. As a group, equities analysts forecast that AMN Healthcare Services Inc will post 1.33 earnings per share 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.