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 research report report published on Tuesday. The firm issued a hold rating on the business services provider’s stock.

CCRN has been the subject of several other reports. Truist Financial increased their target price on Cross Country Healthcare from $15.00 to $18.61 and gave the company a “hold” rating in a report on Thursday, December 5th. JMP Securities reaffirmed a “market perform” rating on shares of Cross Country Healthcare in a research report on Thursday, February 6th. William Blair lowered 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 research report on Tuesday, December 10th. Finally, Benchmark lowered Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Six analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $18.54.

Cross Country Healthcare Price Performance

Shares of CCRN stock opened at $15.80 on Tuesday. The stock has a market capitalization of $518.49 million, a PE ratio of -315.94, a P/E/G ratio of 3.32 and a beta of 0.44. Cross Country Healthcare has a 1-year low of $9.58 and a 1-year high of $19.25. The business has a 50-day moving average of $17.96 and a 200 day moving average of $15.12.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. BCK Capital Management LP bought a new position in shares of Cross Country Healthcare in the 4th quarter worth approximately $1,076,000. CSS LLC IL bought a new position in shares of Cross Country Healthcare in the 4th quarter worth approximately $828,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Cross Country Healthcare by 7.3% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 107,333 shares of the business services provider’s stock worth $1,949,000 after acquiring an additional 7,278 shares in the last quarter. Squarepoint Ops LLC raised its position in shares of Cross Country Healthcare by 508.8% in the 4th quarter. Squarepoint Ops LLC now owns 255,362 shares of the business services provider’s stock worth $4,637,000 after acquiring an additional 213,416 shares in the last quarter. Finally, Two Sigma Investments LP raised its position in shares of Cross Country Healthcare by 21.8% in the 4th quarter. Two Sigma Investments LP now owns 34,733 shares of the business services provider’s stock worth $631,000 after acquiring an additional 6,215 shares in the last quarter. Institutional investors own 96.03% of the company’s stock.

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.