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

Thrivent Financial for Lutherans increased its position in AMN Healthcare Services, Inc. (NYSE:AMN) by 2.4% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,293,483 shares of the company’s stock after purchasing an additional 30,157 shares during the quarter. Thrivent Financial for Lutherans owned approximately 3.40% of AMN Healthcare Services worth $54,831,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in AMN. Versor Investments LP bought a new position in AMN Healthcare Services during the 3rd quarter valued at approximately $818,000. Vaughan Nelson Investment Management L.P. purchased a new position in shares of AMN Healthcare Services in the 2nd quarter worth $45,481,000. New South Capital Management Inc. boosted its stake in shares of AMN Healthcare Services by 24.6% in the 2nd quarter. New South Capital Management Inc. now owns 563,147 shares of the company’s stock worth $28,850,000 after buying an additional 111,302 shares during the last quarter. Quadrature Capital Ltd boosted its stake in shares of AMN Healthcare Services by 366.6% in the 1st quarter. Quadrature Capital Ltd now owns 23,246 shares of the company’s stock worth $1,455,000 after buying an additional 18,264 shares during the last quarter. Finally, Virtu Financial LLC purchased a new position in shares of AMN Healthcare Services in the 1st quarter worth $878,000. Hedge funds and other institutional investors own 99.23% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on AMN shares. JMP Securities dropped their price target on AMN Healthcare Services from $66.00 to $57.00 and set a “market outperform” rating on the stock in a research note on Tuesday, October 22nd. StockNews.com downgraded AMN Healthcare Services from a “hold” rating to a “sell” rating in a research report on Wednesday, July 31st. Bank of America downgraded AMN Healthcare Services from a “neutral” rating to an “underperform” rating and lowered their price objective for the company from $65.00 to $48.00 in a research report on Monday, October 7th. Benchmark restated a “hold” rating on shares of AMN Healthcare Services in a research report on Wednesday, October 2nd. Finally, William Blair downgraded AMN Healthcare Services from an “outperform” rating to a “market perform” rating in a research report on Friday, November 8th. Two 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. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $48.33.

AMN Healthcare Services Stock Up 11.8 %

AMN Healthcare Services stock opened at $26.50 on Tuesday. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.18 and a quick ratio of 1.23. The stock has a market capitalization of $1.01 billion, a price-to-earnings ratio of 19.20 and a beta of 0.13. AMN Healthcare Services, Inc. has a 1-year low of $23.37 and a 1-year high of $80.22. The business has a fifty day moving average price of $39.51 and a 200-day moving average price of $49.78.

AMN Healthcare Services (NYSE:AMN) last posted its quarterly earnings data on Thursday, November 7th. The company reported $0.61 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.03. The firm had revenue of $687.51 million during the quarter, compared to analysts’ expectations of $670.08 million. AMN Healthcare Services had a return on equity of 17.16% and a net margin of 1.73%. During the same quarter last year, the firm earned $1.97 EPS. Equities research analysts forecast that AMN Healthcare Services, Inc. will post 3.09 EPS for the current fiscal year.

Insider Transactions at AMN Healthcare Services

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

AMN Healthcare Services 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.