AMN Healthcare Services Inc $AMN Shares Purchased by Allianz Asset Management GmbH

Key Points

• Allianz Asset Management GmbH increased its stake in AMN Healthcare Services by 22.2%, owning 576,780 shares worth approximately $11.92 million after purchasing additional shares during the 2nd quarter.
• AMN Healthcare Services reported earnings of $0.30 per share for the last quarter, surpassing the consensus estimate of $0.17, although its revenue decreased by 11.1% year-over-year.
• Analysts have mixed opinions on AMN Healthcare, with target prices ranging from $18.00 to $27.00 and a consensus rating of "Hold" for the stock.

Allianz Asset Management GmbH raised its stake in AMN Healthcare Services Inc (NYSE:AMN - Free Report) by 22.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 576,780 shares of the company's stock after purchasing an additional 104,676 shares during the period. Allianz Asset Management GmbH owned 1.51% of AMN Healthcare Services worth $11,922,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Yousif Capital Management LLC boosted its holdings in shares of AMN Healthcare Services by 3.2% in the 2nd quarter. Yousif Capital Management LLC now owns 17,027 shares of the company's stock valued at $352,000 after buying an additional 534 shares in the last quarter. CWM LLC boosted its stake in AMN Healthcare Services by 68.2% in the second quarter. CWM LLC now owns 47,061 shares of the company's stock valued at $973,000 after acquiring an additional 19,074 shares in the last quarter. Thompson Investment Management Inc. boosted its stake in AMN Healthcare Services by 5.0% in the second quarter. Thompson Investment Management Inc. now owns 324,227 shares of the company's stock valued at $6,702,000 after acquiring an additional 15,420 shares in the last quarter. McElhenny Sheffield Capital Management LLC purchased a new position in shares of AMN Healthcare Services during the second quarter worth about $8,227,000. Finally, SummerHaven Investment Management LLC increased its position in shares of AMN Healthcare Services by 4.8% during the second quarter. SummerHaven Investment Management LLC now owns 17,083 shares of the company's stock worth $353,000 after purchasing an additional 777 shares in the last quarter. Hedge funds and other institutional investors own 99.23% of the company's stock.

AMN Healthcare Services Trading Up 0.5%

NYSE:AMN opened at $19.77 on Tuesday. AMN Healthcare Services Inc has a 12-month low of $14.86 and a 12-month high of $42.41. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.51. The stock's 50 day simple moving average is $19.51 and its 200-day simple moving average is $20.06. The firm has a market cap of $757.47 million, a P/E ratio of -2.54 and a beta of 0.15.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.13. The firm had revenue of $658.18 million during the quarter, compared to the consensus estimate of $652.89 million. AMN Healthcare Services had a positive return on equity of 11.09% and a negative net margin of 10.75%.The company's revenue for the quarter was down 11.1% on a year-over-year basis. During the same period last year, the company earned $0.98 earnings per share. AMN Healthcare Services has set its Q3 2025 guidance at EPS. Equities analysts anticipate that AMN Healthcare Services Inc will post 1.33 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. JMP Securities decreased their target price on AMN Healthcare Services from $33.00 to $22.00 and set a "market outperform" rating for the company in a research report on Tuesday, August 12th. Weiss Ratings reiterated a "sell (d-)" rating on shares of AMN Healthcare Services in a research note on Wednesday, October 8th. Truist Financial raised their target price on shares of AMN Healthcare Services from $20.00 to $24.00 and gave the stock a "buy" rating in a research report on Monday, October 13th. Bank of America cut their target price on shares of AMN Healthcare Services from $20.00 to $18.00 and set an "underperform" rating on the stock in a report on Wednesday, September 10th. Finally, BMO Capital Markets decreased their price target on shares of AMN Healthcare Services from $27.00 to $22.00 and set an "outperform" rating for the company in a research note on Monday, August 11th. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $23.08.

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.

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