Thrivent Financial for Lutherans Lowers Stock Position in AMN Healthcare Services, Inc. (NYSE:AMN)

Thrivent Financial for Lutherans lessened its position in AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 97.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 29,429 shares of the company's stock after selling 1,264,054 shares during the quarter. Thrivent Financial for Lutherans owned approximately 0.08% of AMN Healthcare Services worth $704,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. WCM Investment Management LLC grew its stake in shares of AMN Healthcare Services by 98.8% in the fourth quarter. WCM Investment Management LLC now owns 1,107,405 shares of the company's stock worth $26,367,000 after acquiring an additional 550,427 shares in the last quarter. Reinhart Partners LLC. acquired a new position in AMN Healthcare Services during the 4th quarter worth $12,341,000. Wellington Management Group LLP increased its holdings in AMN Healthcare Services by 54.5% during the 3rd quarter. Wellington Management Group LLP now owns 773,015 shares of the company's stock worth $32,768,000 after purchasing an additional 272,552 shares during the period. Weiss Asset Management LP acquired a new stake in AMN Healthcare Services in the 3rd quarter valued at about $10,026,000. Finally, Thompson Investment Management Inc. boosted its stake in shares of AMN Healthcare Services by 381.8% in the 4th quarter. Thompson Investment Management Inc. now owns 296,630 shares of the company's stock valued at $7,095,000 after buying an additional 235,067 shares during the period. Institutional investors and hedge funds own 99.23% of the company's stock.

AMN Healthcare Services Stock Performance

AMN traded down $0.65 on Monday, reaching $19.73. The company had a trading volume of 1,388,160 shares, compared to its average volume of 891,664. 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 1 year low of $18.77 and a 1 year high of $70.07. The stock has a market capitalization of $753.55 million, a PE ratio of -5.13 and a beta of -0.03. The stock has a 50-day moving average price of $24.99 and a 200-day moving average price of $29.10.

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AMN Healthcare Services (NYSE:AMN - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.75 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.52 by $0.23. 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 $734.71 million for the quarter, compared to the consensus estimate of $694.38 million. As a group, research analysts forecast that AMN Healthcare Services, Inc. will post 1.33 EPS for the current fiscal year.

Analyst Ratings Changes

AMN has been the topic of a number of recent research reports. StockNews.com upgraded shares of AMN Healthcare Services from a "sell" rating to a "hold" rating in a research note on Tuesday, March 25th. BMO Capital Markets reduced their price objective on shares of AMN Healthcare Services from $38.00 to $33.00 and set an "outperform" rating on the stock in a report on Monday, February 24th. JMP Securities reiterated a "market outperform" rating and set a $34.00 target price on shares of AMN Healthcare Services in a research note on Thursday, February 6th. Finally, Truist Financial dropped their target price on AMN Healthcare Services from $47.00 to $40.00 and set a "buy" rating on the stock in a report on Friday, February 21st. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, AMN Healthcare Services presently has an average rating of "Hold" and a consensus target price of $41.17.

AMN Healthcare Services Company Profile

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.