AMN Healthcare Services, Inc. (NYSE:AMN) Shares Bought by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lifted its stake in AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 2.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,293,483 shares of the company's stock after acquiring an additional 30,157 shares during the period. Thrivent Financial for Lutherans owned 3.40% of AMN Healthcare Services worth $54,831,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Gladius Capital Management LP increased its stake in AMN Healthcare Services by 247.6% during the 3rd quarter. Gladius Capital Management LP now owns 4,574 shares of the company's stock valued at $194,000 after purchasing an additional 3,258 shares in the last quarter. Vaughan Nelson Investment Management L.P. increased its position in shares of AMN Healthcare Services by 23.6% in the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 1,096,965 shares of the company's stock valued at $46,499,000 after acquiring an additional 209,180 shares during the period. Natixis Advisors LLC lifted its position in AMN Healthcare Services by 21.4% during the 3rd quarter. Natixis Advisors LLC now owns 228,234 shares of the company's stock worth $9,674,000 after acquiring an additional 40,174 shares during the period. Bank of Marin grew its stake in AMN Healthcare Services by 36.8% during the 3rd quarter. Bank of Marin now owns 5,965 shares of the company's stock valued at $253,000 after purchasing an additional 1,606 shares during the last quarter. Finally, Entropy Technologies LP increased its holdings in shares of AMN Healthcare Services by 6.9% in the third quarter. Entropy Technologies LP now owns 13,937 shares of the company's stock valued at $591,000 after purchasing an additional 897 shares during the period. 99.23% of the stock is owned by institutional investors and hedge funds.

AMN Healthcare Services Trading Down 5.5 %

AMN Healthcare Services stock traded down $1.47 during trading on Tuesday, hitting $25.03. The company had a trading volume of 576,103 shares, compared to its average volume of 850,346. The stock has a market cap of $952.89 million, a price-to-earnings ratio of 19.20 and a beta of 0.13. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 1.27. AMN Healthcare Services, Inc. has a 1-year low of $23.37 and a 1-year high of $80.22. The company's 50 day simple moving average is $39.51 and its 200-day simple moving average is $49.78.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last issued its quarterly earnings results on Thursday, November 7th. The company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.03. AMN Healthcare Services had a return on equity of 17.16% and a net margin of 1.73%. The company had revenue of $687.51 million for the quarter, compared to the consensus estimate of $670.08 million. During the same quarter in the prior year, the business earned $1.97 EPS. As a group, analysts expect that AMN Healthcare Services, Inc. will post 3.09 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Truist Financial decreased their target price on AMN Healthcare Services from $50.00 to $47.00 and set a "buy" rating for the company in a report on Friday, November 8th. William Blair cut AMN Healthcare Services from an "outperform" rating to a "market perform" rating in a research report on Friday, November 8th. StockNews.com lowered AMN Healthcare Services from a "hold" rating to a "sell" rating in a research report on Wednesday, July 31st. Bank of America cut shares of AMN Healthcare Services from a "neutral" rating to an "underperform" rating and dropped their price target for the company from $65.00 to $48.00 in a research note on Monday, October 7th. Finally, UBS Group dropped their price target on shares of AMN Healthcare Services from $66.00 to $65.00 and set a "neutral" rating on the stock in a research note on Friday, August 9th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $48.33.

Insiders Place Their Bets

In other news, CFO Jeffrey R. Knudson sold 2,461 shares of AMN Healthcare Services stock in a transaction on Saturday, November 2nd. The shares were sold at an average price of $36.90, for a total value of $90,810.90. Following the transaction, the chief financial officer now directly owns 37,550 shares of the company's stock, valued at $1,385,595. The trade was a 6.15 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.93% of the company's stock.

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.