Cross Country Healthcare, Inc. (NASDAQ:CCRN) Shares Sold by Corebridge Financial Inc.

Corebridge Financial Inc. lowered its holdings in Cross Country Healthcare, Inc. (NASDAQ:CCRN) by 12.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,132 shares of the business services provider’s stock after selling 2,258 shares during the period. Corebridge Financial Inc.’s holdings in Cross Country Healthcare were worth $293,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in CCRN. Plato Investment Management Ltd acquired a new stake in Cross Country Healthcare in the 4th quarter valued at $46,000. Virtu Financial LLC purchased a new stake in shares of Cross Country Healthcare in the third quarter worth about $153,000. Ieq Capital LLC acquired a new stake in shares of Cross Country Healthcare in the fourth quarter valued at about $231,000. XTX Topco Ltd purchased a new stake in shares of Cross Country Healthcare during the 3rd quarter valued at about $312,000. Finally, Verition Fund Management LLC purchased a new position in Cross Country Healthcare in the 3rd quarter worth approximately $316,000. Hedge funds and other institutional investors own 96.03% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on CCRN shares. StockNews.com initiated coverage on shares of Cross Country Healthcare in a research note on Saturday, April 5th. They set a “hold” rating on the stock. JMP Securities reiterated a “market perform” rating on shares of Cross Country Healthcare in a report on Thursday, February 6th. Finally, Barrington Research restated a “market perform” rating and set a $18.61 target price on shares of Cross Country Healthcare in a research note on Friday, March 14th. Six research analysts have rated the stock with a hold rating, Based on data from MarketBeat, Cross Country Healthcare currently has a consensus rating of “Hold” and a consensus price target of $18.41.

Cross Country Healthcare Trading Down 1.1 %

Shares of NASDAQ:CCRN opened at $14.44 on Friday. The firm has a market cap of $473.82 million, a PE ratio of -288.74, a price-to-earnings-growth ratio of 3.32 and a beta of 0.25. The company has a fifty day simple moving average of $16.25 and a 200 day simple moving average of $15.24. Cross Country Healthcare, Inc. has a 12-month low of $9.58 and a 12-month high of $18.50.

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.