Thrivent Financial for Lutherans Sells 1,264,054 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

Thrivent Financial for Lutherans cut its position in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 97.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 29,429 shares of the company’s stock after selling 1,264,054 shares during the period. Thrivent Financial for Lutherans’ holdings in AMN Healthcare Services were worth $704,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the company. Harbor Capital Advisors Inc. raised its stake in shares of AMN Healthcare Services by 285.2% in the fourth quarter. Harbor Capital Advisors Inc. now owns 79,458 shares of the company’s stock valued at $1,901,000 after acquiring an additional 58,830 shares during the last quarter. Equitable Trust Co. increased its holdings in AMN Healthcare Services by 125.4% during the 4th quarter. Equitable Trust Co. now owns 21,526 shares of the company’s stock valued at $515,000 after purchasing an additional 11,974 shares in the last quarter. Thompson Investment Management Inc. increased its holdings in AMN Healthcare Services by 381.8% during the 4th quarter. Thompson Investment Management Inc. now owns 296,630 shares of the company’s stock valued at $7,095,000 after purchasing an additional 235,067 shares in the last quarter. WCM Investment Management LLC raised its position in AMN Healthcare Services by 98.8% in the 4th quarter. WCM Investment Management LLC now owns 1,107,405 shares of the company’s stock valued at $26,367,000 after purchasing an additional 550,427 shares during the last quarter. Finally, Barclays PLC boosted its stake in AMN Healthcare Services by 279.2% in the third quarter. Barclays PLC now owns 91,801 shares of the company’s stock worth $3,891,000 after purchasing an additional 67,595 shares in the last quarter. 99.23% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

AMN has been the subject of a number of research reports. Truist Financial lowered their price target on shares of AMN Healthcare Services from $47.00 to $40.00 and set a “buy” rating for the company in a report on Friday, February 21st. BMO Capital Markets lowered their target price on AMN Healthcare Services from $38.00 to $33.00 and set an “outperform” rating for the company in a research note on Monday, February 24th. JMP Securities restated a “market outperform” rating and set a $34.00 target price on shares of AMN Healthcare Services in a research report on Thursday, February 6th. Finally, StockNews.com upgraded AMN Healthcare Services from a “sell” rating to a “hold” rating in a report on Tuesday, March 25th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $41.17.

AMN Healthcare Services Trading Down 2.0 %

NYSE AMN opened at $23.32 on Thursday. 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 52 week low of $22.47 and a 52 week high of $70.07. The business has a 50 day moving average price of $25.41 and a 200-day moving average price of $29.76. The company has a market cap of $890.57 million, a price-to-earnings ratio of -6.06 and a beta of 0.15.

AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings data 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 negative net margin of 4.93% and a positive return on equity of 15.22%. The business had revenue of $734.71 million during the quarter, compared to the consensus estimate of $694.38 million. As a group, equities analysts expect 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.