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

Research analysts at StockNews.com started coverage on shares of Cross Country Healthcare (NASDAQ:CCRN) in a research report issued to clients and investors on Monday. The brokerage set a “hold” rating on the business services provider’s stock.

CCRN has been the subject of a number of other reports. Barrington Research reaffirmed a “market perform” rating on shares of Cross Country Healthcare in a report on Tuesday, December 10th. Benchmark lowered Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. William Blair downgraded Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 4th. Truist Financial boosted their target price on Cross Country Healthcare from $15.00 to $18.61 and gave the stock a “hold” rating in a research report on Thursday, December 5th. Finally, JMP Securities reiterated a “market perform” rating on shares of Cross Country Healthcare in a research report on Thursday, February 6th. Six equities research analysts have rated the stock with a hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $18.54.

Cross Country Healthcare Trading Up 0.3 %

NASDAQ:CCRN opened at $18.10 on Monday. The stock has a market capitalization of $593.97 million, a P/E ratio of -361.93, a price-to-earnings-growth ratio of 3.32 and a beta of 0.44. Cross Country Healthcare has a 1 year low of $9.58 and a 1 year high of $19.25. The firm has a 50 day moving average of $18.13 and a 200-day moving average of $14.98.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in CCRN. Magnetar Financial LLC bought a new stake in Cross Country Healthcare during the 4th quarter worth about $41,421,000. Systematic Financial Management LP raised its holdings in Cross Country Healthcare by 8.5% during the third quarter. Systematic Financial Management LP now owns 1,662,730 shares of the business services provider’s stock worth $22,347,000 after acquiring an additional 130,746 shares in the last quarter. State Street Corp boosted its position in Cross Country Healthcare by 0.5% during the third 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 during the last quarter. Alliancebernstein L.P. boosted its position in Cross Country Healthcare by 443.7% during the fourth quarter. Alliancebernstein L.P. now owns 1,284,940 shares of the business services provider’s stock valued at $23,335,000 after purchasing an additional 1,048,605 shares during the last quarter. Finally, Royce & Associates LP grew its stake in Cross Country Healthcare by 3.4% in the fourth quarter. Royce & Associates LP now owns 1,170,945 shares of the business services provider’s stock valued at $21,264,000 after purchasing an additional 38,379 shares in the last quarter. Institutional investors and hedge funds own 96.03% of the company’s stock.

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.