Cross Country Healthcare (NASDAQ:CCRN) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Cross Country Healthcare (NASDAQ:CCRN) in a report released on Thursday. The firm issued a hold rating on the business services provider’s stock.

A number of other research analysts have also recently issued reports on CCRN. Barrington Research reissued a “market perform” rating on shares of Cross Country Healthcare in a research note on Tuesday, December 10th. William Blair lowered Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Truist Financial raised their target price on shares of Cross Country Healthcare from $15.00 to $18.61 and gave the stock a “hold” rating in a report on Thursday, December 5th. Finally, Benchmark cut shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 4th. Five analysts have rated the stock with a hold rating, According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $18.54.

Cross Country Healthcare Trading Down 0.3 %

Cross Country Healthcare stock opened at $18.20 on Thursday. Cross Country Healthcare has a 52 week low of $9.58 and a 52 week high of $23.15. The stock has a market cap of $599.14 million, a P/E ratio of -363.93, a price-to-earnings-growth ratio of 3.34 and a beta of 0.46. The stock has a 50 day moving average of $16.32 and a 200-day moving average of $14.65.

Institutional Investors Weigh In On Cross Country Healthcare

Several institutional investors have recently bought and sold shares of CCRN. Jane Street Group LLC grew its holdings in shares of Cross Country Healthcare by 337.6% in the 3rd quarter. Jane Street Group LLC now owns 181,492 shares of the business services provider’s stock valued at $2,439,000 after acquiring an additional 140,013 shares in the last quarter. PDT Partners LLC acquired a new position in Cross Country Healthcare during the third quarter valued at approximately $856,000. Barclays PLC grew its stake in Cross Country Healthcare by 117.5% in the third quarter. Barclays PLC now owns 80,277 shares of the business services provider’s stock valued at $1,078,000 after purchasing an additional 43,372 shares in the last quarter. Royce & Associates LP increased its position in shares of Cross Country Healthcare by 51.4% during the 3rd quarter. Royce & Associates LP now owns 1,132,566 shares of the business services provider’s stock worth $15,222,000 after purchasing an additional 384,374 shares during the last quarter. Finally, Systematic Financial Management LP raised its stake in shares of Cross Country Healthcare by 8.5% during the 3rd quarter. Systematic Financial Management LP now owns 1,662,730 shares of the business services provider’s stock worth $22,347,000 after purchasing an additional 130,746 shares in the last quarter. Institutional investors own 96.03% of the company’s stock.

Cross Country Healthcare Company Profile

Cross Country Healthcare, Inc provides talent management and other consultative services for healthcare clients in the United States. The company’s Nurse and Allied Staffing segment provides traditional staffing, recruiting, and value-added total talent solutions, including temporary and permanent placement of travel and local nurse and, allied professionals; temporary placement of healthcare leaders within nursing, allied, physician, and human resources; vendor neutral and managed services programs; education healthcare services; in-home care services; and outsourcing services.