Cross Country Healthcare (NASDAQ:CCRN) Now Covered by StockNews.com

Analysts at StockNews.com started coverage on shares of Cross Country Healthcare (NASDAQ:CCRN) in a research note issued to investors on Tuesday. The firm set a “hold” rating on the business services provider’s stock.

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

Cross Country Healthcare Trading Up 0.1 %

Shares of NASDAQ CCRN opened at $18.23 on Tuesday. The company has a market cap of $600.08 million, a P/E ratio of -364.53, a P/E/G ratio of 3.39 and a beta of 0.46. Cross Country Healthcare has a 12-month low of $9.58 and a 12-month high of $23.64. The stock has a fifty day moving average price of $14.33 and a 200 day moving average price of $14.22.

Hedge Funds Weigh In On Cross Country Healthcare

A number of hedge funds and other institutional investors have recently bought and sold shares of CCRN. Bank of New York Mellon Corp boosted its position in Cross Country Healthcare by 3.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 304,956 shares of the business services provider’s stock valued at $4,221,000 after purchasing an additional 9,090 shares during the period. Victory Capital Management Inc. increased its holdings in shares of Cross Country Healthcare by 15.4% in the 2nd quarter. Victory Capital Management Inc. now owns 136,075 shares of the business services provider’s stock worth $1,883,000 after acquiring an additional 18,152 shares during the period. American Century Companies Inc. lifted its position in Cross Country Healthcare by 15.9% in the 2nd quarter. American Century Companies Inc. now owns 772,834 shares of the business services provider’s stock valued at $10,696,000 after purchasing an additional 106,226 shares during the last quarter. BOKF NA increased its stake in shares of Cross Country Healthcare by 124.6% in the second quarter. BOKF NA now owns 30,045 shares of the business services provider’s stock valued at $416,000 after purchasing an additional 16,670 shares during the period. Finally, WINTON GROUP Ltd raised its holdings in shares of Cross Country Healthcare by 50.6% during the second quarter. WINTON GROUP Ltd now owns 22,811 shares of the business services provider’s stock valued at $316,000 after buying an additional 7,660 shares during the last quarter. 96.03% of the stock is currently owned by institutional investors and hedge funds.

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.