TD Asset Management Inc Has $210,000 Stake in Cross Country Healthcare, Inc. (NASDAQ:CCRN)

TD Asset Management Inc lowered its position in shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN) by 16.0% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 15,200 shares of the business services provider’s stock after selling 2,900 shares during the period. TD Asset Management Inc’s holdings in Cross Country Healthcare were worth $210,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Wasatch Advisors LP grew its holdings in shares of Cross Country Healthcare by 74.3% during the fourth quarter. Wasatch Advisors LP now owns 2,193,604 shares of the business services provider’s stock worth $49,663,000 after purchasing an additional 934,841 shares during the last quarter. Boston Partners bought a new stake in Cross Country Healthcare during the 1st quarter worth approximately $2,511,000. Assenagon Asset Management S.A. acquired a new position in Cross Country Healthcare in the 1st quarter valued at approximately $2,078,000. Dimensional Fund Advisors LP raised its stake in shares of Cross Country Healthcare by 3.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,256,832 shares of the business services provider’s stock valued at $51,095,000 after acquiring an additional 76,954 shares during the last quarter. Finally, Quantedge Capital Pte Ltd lifted its holdings in shares of Cross Country Healthcare by 46.2% during the fourth quarter. Quantedge Capital Pte Ltd now owns 213,991 shares of the business services provider’s stock worth $4,845,000 after purchasing an additional 67,591 shares during the period. Institutional investors and hedge funds own 96.03% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the company. Barrington Research lowered their target price on Cross Country Healthcare from $21.00 to $19.00 and set an “outperform” rating for the company in a research report on Thursday, August 8th. Truist Financial increased their price target on Cross Country Healthcare from $16.00 to $17.00 and gave the company a “hold” rating in a research note on Thursday, August 1st. Five analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $19.60.

Insider Activity

In other Cross Country Healthcare news, VP Cynthia Ann Grieco sold 1,945 shares of the stock in a transaction that occurred on Friday, August 2nd. The stock was sold at an average price of $17.21, for a total value of $33,473.45. Following the transaction, the vice president now owns 7,605 shares in the company, valued at $130,882.05. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In related news, VP Cynthia Ann Grieco sold 1,945 shares of the company’s stock in a transaction dated Friday, August 2nd. The shares were sold at an average price of $17.21, for a total value of $33,473.45. Following the sale, the vice president now owns 7,605 shares in the company, valued at approximately $130,882.05. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Karen Mote sold 13,829 shares of Cross Country Healthcare stock in a transaction dated Friday, August 2nd. The shares were sold at an average price of $17.08, for a total value of $236,199.32. Following the transaction, the insider now owns 24,696 shares of the company’s stock, valued at approximately $421,807.68. The disclosure for this sale can be found here. 4.90% of the stock is currently owned by company insiders.

Cross Country Healthcare Trading Up 0.1 %

Shares of Cross Country Healthcare stock opened at $14.18 on Tuesday. The company has a market cap of $493.10 million, a P/E ratio of 10.91, a PEG ratio of 2.61 and a beta of 0.63. The business has a 50-day moving average price of $15.00 and a two-hundred day moving average price of $15.79. Cross Country Healthcare, Inc. has a 1-year low of $12.87 and a 1-year high of $25.76.

Cross Country Healthcare (NASDAQ:CCRN) last issued its earnings results on Wednesday, July 31st. The business services provider reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.04). Cross Country Healthcare had a return on equity of 7.29% and a net margin of 0.54%. The company had revenue of $339.77 million for the quarter, compared to the consensus estimate of $334.75 million. During the same period in the prior year, the company earned $0.69 earnings per share. The firm’s revenue was down 37.2% compared to the same quarter last year. Equities research analysts forecast that Cross Country Healthcare, Inc. will post 0.52 EPS for the current fiscal year.

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.