Deutsche Bank AG Buys 199,069 Shares of AMN Healthcare Services Inc $AMN

Key Points

• Deutsche Bank AG significantly increased its stake in AMN Healthcare Services, acquiring an additional 199,069 shares in the 1st quarter, raising its total ownership to approximately 292,477 shares valued at $7.15 million.
• Several large investors, including Newtyn Management LLC and Voloridge Investment Management LLC, have recently entered positions, indicating strong institutional interest in AMN, with institutional investors holding about 99.23% of the stock.
• AMN Healthcare reported earnings per share (EPS) of $0.30 in its latest quarterly results, surpassing estimates but showing a revenue decline of 11.1% year-over-year.

Deutsche Bank AG increased its position in shares of AMN Healthcare Services Inc (NYSE:AMN - Free Report) by 213.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 292,477 shares of the company's stock after purchasing an additional 199,069 shares during the period. Deutsche Bank AG owned approximately 0.77% of AMN Healthcare Services worth $7,154,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Golden State Wealth Management LLC lifted its holdings in AMN Healthcare Services by 107.0% during the 1st quarter. Golden State Wealth Management LLC now owns 1,159 shares of the company's stock worth $28,000 after purchasing an additional 599 shares during the last quarter. LRI Investments LLC lifted its holdings in AMN Healthcare Services by 368.2% during the 4th quarter. LRI Investments LLC now owns 1,620 shares of the company's stock worth $39,000 after purchasing an additional 1,274 shares during the last quarter. GAMMA Investing LLC lifted its holdings in AMN Healthcare Services by 74.9% during the 1st quarter. GAMMA Investing LLC now owns 5,278 shares of the company's stock worth $129,000 after purchasing an additional 2,260 shares during the last quarter. NBC Securities Inc. lifted its holdings in AMN Healthcare Services by 109,000.0% during the 1st quarter. NBC Securities Inc. now owns 5,455 shares of the company's stock worth $133,000 after purchasing an additional 5,450 shares during the last quarter. Finally, Quarry LP raised its holdings in AMN Healthcare Services by 180.4% in the 4th quarter. Quarry LP now owns 5,624 shares of the company's stock valued at $135,000 after acquiring an additional 3,618 shares in the last quarter. 99.23% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on AMN. JMP Securities dropped their price objective on AMN Healthcare Services from $33.00 to $22.00 and set a "market outperform" rating for the company in a report on Tuesday, August 12th. UBS Group dropped their price objective on AMN Healthcare Services from $30.00 to $25.50 and set a "neutral" rating for the company in a report on Tuesday, May 13th. Finally, BMO Capital Markets dropped their price objective on AMN Healthcare Services from $27.00 to $22.00 and set an "outperform" rating for the company in a report on Monday, August 11th. Three analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $28.25.

AMN Healthcare Services Price Performance

Shares of AMN Healthcare Services stock traded up $0.4430 during trading on Tuesday, reaching $19.8730. 428,067 shares of the company's stock were exchanged, compared to its average volume of 886,993. The company has a debt-to-equity ratio of 1.51, a quick ratio of 1.00 and a current ratio of 1.00. AMN Healthcare Services Inc has a 1-year low of $14.86 and a 1-year high of $54.01. The company has a market cap of $761.53 million, a P/E ratio of -2.56 and a beta of 0.10. The firm's 50-day moving average price is $20.18 and its 200 day moving average price is $21.72.

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

AMN Healthcare Services Company 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.