Congress Asset Management Co. Sells 20,613 Shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN)

Congress Asset Management Co. decreased its position in shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN) by 5.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 338,304 shares of the business services provider’s stock after selling 20,613 shares during the quarter. Congress Asset Management Co. owned about 1.03% of Cross Country Healthcare worth $6,144,000 as of its most recent SEC filing.

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

Analyst Upgrades and Downgrades

A number of research firms recently commented on CCRN. Benchmark lowered shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Barrington Research reaffirmed a “market perform” rating on shares of Cross Country Healthcare in a report on Tuesday, December 10th. JMP Securities restated a “market perform” rating on shares of Cross Country Healthcare in a research note on Thursday, February 6th. StockNews.com began coverage on Cross Country Healthcare in a research report on Sunday. They set a “hold” rating on the stock. Finally, Truist Financial upped their price target on shares of Cross Country Healthcare from $15.00 to $18.61 and gave the company a “hold” rating in a research report on Thursday, December 5th. Six equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $18.54.

Cross Country Healthcare Trading Down 0.3 %

Shares of Cross Country Healthcare stock opened at $18.15 on Tuesday. Cross Country Healthcare, Inc. has a 1-year low of $9.58 and a 1-year high of $21.41. The business has a 50-day moving average price of $18.13 and a two-hundred day moving average price of $14.94. The company has a market cap of $595.68 million, a P/E ratio of -362.93, a PEG ratio of 3.35 and a beta of 0.44.

About Cross Country Healthcare

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.