American Century Companies Inc. Buys 92,114 Shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN)

American Century Companies Inc. boosted its stake in Cross Country Healthcare, Inc. (NASDAQ:CCRN) by 9.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,032,203 shares of the business services provider’s stock after purchasing an additional 92,114 shares during the quarter. American Century Companies Inc.’s holdings in Cross Country Healthcare were worth $18,745,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Plato Investment Management Ltd acquired a new stake in shares of Cross Country Healthcare in the 4th quarter valued at about $46,000. Point72 Asia Singapore Pte. Ltd. bought a new position in Cross Country Healthcare in the third quarter worth approximately $49,000. Point72 DIFC Ltd bought a new position in Cross Country Healthcare in the third quarter worth approximately $52,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Cross Country Healthcare by 14.0% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,169 shares of the business services provider’s stock valued at $137,000 after acquiring an additional 1,250 shares during the period. Finally, Virtu Financial LLC bought a new stake in shares of Cross Country Healthcare during the third quarter valued at approximately $153,000. 96.03% of the stock is owned by institutional investors.

Cross Country Healthcare Stock Performance

NASDAQ:CCRN opened at $15.00 on Monday. Cross Country Healthcare, Inc. has a 52 week low of $9.58 and a 52 week high of $19.14. The firm has a 50-day moving average price of $17.04 and a two-hundred day moving average price of $15.22. The firm has a market cap of $492.20 million, a price-to-earnings ratio of -299.94, a price-to-earnings-growth ratio of 3.32 and a beta of 0.44.

Analyst Ratings Changes

Several analysts recently issued reports on CCRN shares. JMP Securities reissued a “market perform” rating on shares of Cross Country Healthcare in a research report on Thursday, February 6th. Benchmark cut shares of 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 company a “hold” rating in a research report on Thursday, December 5th. StockNews.com began coverage on Cross Country Healthcare in a report on Friday. They set a “hold” rating for the company. Finally, William Blair lowered Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 4th. Six equities research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, Cross Country Healthcare has an average rating of “Hold” and an average target price of $18.41.

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.