Thompson Investment Management Inc. Acquires 86,579 Shares of AMN Healthcare Services Inc $AMN

Thompson Investment Management Inc. grew its holdings in shares of AMN Healthcare Services Inc (NYSE:AMN) by 24.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). 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. owned 1.15% of AMN Healthcare Services worth $6,983,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in AMN. Strengthening Families & Communities LLC raised its holdings in shares of AMN Healthcare Services by 238.5% in the 3rd quarter. Strengthening Families & Communities LLC now owns 1,713 shares of the company’s stock worth $33,000 after acquiring an additional 1,207 shares during the last quarter. Johnson Financial Group Inc. acquired a new position in AMN Healthcare Services during the 3rd quarter valued at about $63,000. Tower Research Capital LLC TRC boosted its stake in AMN Healthcare Services by 49.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,093 shares of the company’s stock valued at $64,000 after purchasing an additional 1,020 shares during the last quarter. Covestor Ltd increased its holdings in AMN Healthcare Services by 13.9% during the 3rd quarter. Covestor Ltd now owns 4,747 shares of the company’s stock worth $92,000 after purchasing an additional 579 shares in the last quarter. Finally, Strs Ohio bought a new stake in AMN Healthcare Services during the 1st quarter worth approximately $95,000. 99.23% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on AMN shares. Citigroup restated an “outperform” rating on shares of AMN Healthcare Services in a report on Monday, February 23rd. BMO Capital Markets upped 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. JPMorgan Chase & Co. set a $25.00 price target on AMN Healthcare Services in a research report on Thursday, January 15th. Citizens Jmp raised their price objective on AMN Healthcare Services from $22.00 to $24.00 and gave the company a “market outperform” rating in a research note on Monday, February 23rd. Finally, Robert W. Baird lifted their price objective on shares of AMN Healthcare Services from $21.00 to $23.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $22.64.

AMN Healthcare Services Stock Up 0.4%

AMN opened at $18.98 on Monday. AMN Healthcare Services Inc has a twelve month low of $14.86 and a twelve month high of $24.72. The company’s 50-day moving average price is $19.51 and its two-hundred day moving average price is $18.38. The stock has a market cap of $733.39 million, a price-to-earnings ratio of -7.62, a PEG ratio of 0.77 and a beta of 0.23. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 1.19.

AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings results on Thursday, February 19th. The company reported $0.22 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.22. The company had revenue of $748.23 million during the quarter, compared to analyst estimates 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 quarterly revenue was up 1.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.75 EPS. As a group, equities analysts expect that AMN Healthcare Services Inc will post 1.33 earnings per share for the current year.

AMN Healthcare Services 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.