Jane Street Group LLC Purchases 140,013 Shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN)

Jane Street Group LLC raised its position in Cross Country Healthcare, Inc. (NASDAQ:CCRN) by 337.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 181,492 shares of the business services provider’s stock after buying an additional 140,013 shares during the period. Jane Street Group LLC’s holdings in Cross Country Healthcare were worth $2,439,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Virtus Investment Advisers Inc. bought a new position in shares of Cross Country Healthcare in the third quarter valued at approximately $323,000. State Street Corp increased its holdings in Cross Country Healthcare by 0.5% during the 3rd quarter. State Street Corp now owns 1,334,353 shares of the business services provider’s stock valued at $17,934,000 after purchasing an additional 6,582 shares in the last quarter. Systematic Financial Management LP raised its position in Cross Country Healthcare by 8.5% in the 3rd quarter. Systematic Financial Management LP now owns 1,662,730 shares of the business services provider’s stock valued at $22,347,000 after purchasing an additional 130,746 shares during the last quarter. Point72 DIFC Ltd acquired a new position in Cross Country Healthcare in the third quarter worth $52,000. Finally, Point72 Asset Management L.P. acquired a new position in Cross Country Healthcare in the third quarter worth $681,000. 96.03% of the stock is owned by institutional investors.

Cross Country Healthcare Trading Down 0.1 %

Shares of NASDAQ:CCRN opened at $17.91 on Monday. Cross Country Healthcare, Inc. has a 1-year low of $9.58 and a 1-year high of $23.64. The stock has a market capitalization of $589.54 million, a P/E ratio of -358.13, a P/E/G ratio of 3.39 and a beta of 0.61. The business has a 50-day moving average price of $13.04 and a two-hundred day moving average price of $13.94.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on CCRN. Truist Financial raised their target price on Cross Country Healthcare from $15.00 to $18.61 and gave the company a “hold” rating in a research note on Thursday, December 5th. William Blair cut shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Benchmark lowered shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Barrington Research reissued a “market perform” rating on shares of Cross Country Healthcare in a research note on Tuesday, December 10th. Finally, StockNews.com started coverage on shares of Cross Country Healthcare in a research report on Sunday. They issued a “hold” rating for the company. Five research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $18.54.

Cross Country Healthcare 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.