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

Thrivent Financial for Lutherans cut its stake in AMN Healthcare Services, Inc. (NYSE:AMN) by 97.7% in the fourth quarter, according to its most recent Form 13F 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.

Several other hedge funds have also bought and sold shares of AMN. Charles Schwab Investment Management Inc. raised its position in shares of AMN Healthcare Services by 10.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 669,568 shares of the company’s stock worth $28,383,000 after purchasing an additional 62,647 shares during the last quarter. Citigroup Inc. raised its holdings in shares of AMN Healthcare Services by 16.5% during the third quarter. Citigroup Inc. now owns 96,259 shares of the company’s stock valued at $4,080,000 after acquiring an additional 13,617 shares during the last quarter. BNP Paribas Financial Markets lifted its position in shares of AMN Healthcare Services by 37.2% in the third quarter. BNP Paribas Financial Markets now owns 34,545 shares of the company’s stock valued at $1,464,000 after acquiring an additional 9,371 shares in the last quarter. Centiva Capital LP lifted its position in shares of AMN Healthcare Services by 142.7% in the third quarter. Centiva Capital LP now owns 36,798 shares of the company’s stock valued at $1,560,000 after acquiring an additional 21,634 shares in the last quarter. Finally, Quarry LP increased its position in shares of AMN Healthcare Services by 48.4% during the third quarter. Quarry LP now owns 2,006 shares of the company’s stock worth $85,000 after purchasing an additional 654 shares in the last quarter. 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 several research reports. JMP Securities reissued a “market outperform” rating and issued a $34.00 price target on shares of AMN Healthcare Services in a research note on Thursday, February 6th. BMO Capital Markets decreased their target price on shares of AMN Healthcare Services from $38.00 to $33.00 and set an “outperform” rating on the stock in a research note on Monday, February 24th. StockNews.com upgraded AMN Healthcare Services from a “sell” rating to a “hold” rating in a report on Tuesday, March 25th. Finally, Truist Financial cut their price target on AMN Healthcare Services from $47.00 to $40.00 and set a “buy” rating for the company 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 issued a buy rating to the company. Based on data from MarketBeat, AMN Healthcare Services currently has an average rating of “Hold” and an average target price of $41.17.

AMN Healthcare Services Stock Down 2.0 %

Shares of AMN Healthcare Services stock opened at $23.32 on Thursday. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.09 and a quick ratio of 1.18. AMN Healthcare Services, Inc. has a 1-year low of $22.47 and a 1-year high of $70.07. The business has a 50-day moving average of $25.41 and a 200-day moving average of $29.76. The company has a market capitalization of $890.57 million, a PE ratio of -6.06 and a beta of 0.15.

AMN Healthcare Services (NYSE:AMN) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.75 EPS for the quarter, beating the consensus estimate of $0.52 by $0.23. The business had revenue of $734.71 million during the quarter, compared to analyst estimates of $694.38 million. AMN Healthcare Services had a negative net margin of 4.93% and a positive return on equity of 15.22%. As a group, equities analysts forecast that AMN Healthcare Services, Inc. will post 1.33 EPS 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.