Zurcher Kantonalbank Zurich Cantonalbank Buys 1,250 Shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN)

Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Cross Country Healthcare, Inc. (NASDAQ:CCRN) by 14.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,169 shares of the business services provider’s stock after purchasing an additional 1,250 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Cross Country Healthcare were worth $137,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Price T Rowe Associates Inc. MD increased its stake in Cross Country Healthcare by 9.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 16,639 shares of the business services provider’s stock worth $312,000 after purchasing an additional 1,450 shares in the last quarter. Comerica Bank lifted its position in Cross Country Healthcare by 117.4% in the 1st quarter. Comerica Bank now owns 33,857 shares of the business services provider’s stock valued at $634,000 after acquiring an additional 18,281 shares in the last quarter. Wedge Capital Management L L P NC boosted its stake in Cross Country Healthcare by 11.3% in the 2nd quarter. Wedge Capital Management L L P NC now owns 85,331 shares of the business services provider’s stock worth $1,181,000 after purchasing an additional 8,678 shares during the period. Raymond James & Associates raised its stake in shares of Cross Country Healthcare by 0.7% in the 2nd quarter. Raymond James & Associates now owns 165,324 shares of the business services provider’s stock valued at $2,288,000 after purchasing an additional 1,155 shares during the period. Finally, SummerHaven Investment Management LLC lifted its holdings in shares of Cross Country Healthcare by 3.8% in the second quarter. SummerHaven Investment Management LLC now owns 28,376 shares of the business services provider’s stock valued at $393,000 after purchasing an additional 1,032 shares in the last quarter. Institutional investors and hedge funds own 96.03% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. William Blair downgraded Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 4th. Truist Financial raised their price target on shares of Cross Country Healthcare from $15.00 to $18.61 and gave the stock a “hold” rating in a research note on Thursday, December 5th. Finally, Benchmark lowered shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Three research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, Cross Country Healthcare presently has a consensus rating of “Hold” and a consensus target price of $18.54.

Cross Country Healthcare Stock Performance

CCRN opened at $18.06 on Tuesday. The business’s 50-day simple moving average is $12.06 and its 200 day simple moving average is $13.73. The firm has a market capitalization of $594.54 million, a PE ratio of -361.13, a PEG ratio of 3.45 and a beta of 0.61. Cross Country Healthcare, Inc. has a 52-week low of $9.58 and a 52-week high of $23.64.

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.