Cross Country Healthcare, Inc. (NASDAQ:CCRN) Shares Purchased by Inspire Advisors LLC

Inspire Advisors LLC boosted its position in shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN) by 53.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 34,752 shares of the business services provider’s stock after acquiring an additional 12,159 shares during the period. Inspire Advisors LLC’s holdings in Cross Country Healthcare were worth $631,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Truvestments Capital LLC purchased a new position in shares of Cross Country Healthcare in the third quarter worth about $39,000. Plato Investment Management Ltd acquired a new stake in Cross Country Healthcare during the fourth quarter worth about $46,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Cross Country Healthcare during the third quarter valued at about $49,000. Point72 DIFC Ltd acquired a new stake in shares of Cross Country Healthcare during the third quarter valued at about $52,000. Finally, Gladius Capital Management LP increased its position in shares of Cross Country Healthcare by 83.4% during the third quarter. Gladius Capital Management LP now owns 3,985 shares of the business services provider’s stock valued at $54,000 after acquiring an additional 1,812 shares during the last quarter. 96.03% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts recently weighed in on CCRN shares. Truist Financial lifted their price objective on shares of Cross Country Healthcare from $15.00 to $18.61 and gave the company a “hold” rating in a report on Thursday, December 5th. Benchmark downgraded shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th. Barrington Research reiterated a “market perform” rating on shares of Cross Country Healthcare in a research note on Tuesday, December 10th. JMP Securities reiterated a “market perform” rating on shares of Cross Country Healthcare in a research note on Thursday, February 6th. Finally, StockNews.com assumed coverage on shares of Cross Country Healthcare in a research note on Wednesday. They issued a “hold” rating for the company. Six equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $18.54.

Cross Country Healthcare Stock Performance

Shares of NASDAQ:CCRN opened at $15.85 on Wednesday. The company has a market capitalization of $520.09 million, a PE ratio of -316.94, a P/E/G ratio of 3.32 and a beta of 0.44. Cross Country Healthcare, Inc. has a twelve month low of $9.58 and a twelve month high of $19.25. The firm has a 50 day simple moving average of $17.83 and a 200-day simple moving average of $15.16.

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.