Geode Capital Management LLC Acquires 2,112 Shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN)

Geode Capital Management LLC grew its stake in shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN) by 0.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 754,368 shares of the business services provider’s stock after purchasing an additional 2,112 shares during the period. Geode Capital Management LLC’s holdings in Cross Country Healthcare were worth $13,702,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of CCRN. State Street Corp grew its holdings 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 worth $17,934,000 after buying an additional 6,582 shares in the last quarter. Jane Street Group LLC boosted its holdings in Cross Country Healthcare by 337.6% during the 3rd quarter. Jane Street Group LLC now owns 181,492 shares of the business services provider’s stock worth $2,439,000 after acquiring an additional 140,013 shares during the last quarter. Barclays PLC grew its stake in shares of Cross Country Healthcare by 117.5% in the 3rd quarter. Barclays PLC now owns 80,277 shares of the business services provider’s stock worth $1,078,000 after acquiring an additional 43,372 shares in the last quarter. Virtu Financial LLC purchased a new stake in shares of Cross Country Healthcare in the third quarter valued at about $153,000. Finally, Zweig DiMenna Associates LLC bought a new position in shares of Cross Country Healthcare during the fourth quarter valued at about $6,841,000. 96.03% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

CCRN has been the subject of a number of research analyst reports. Barrington Research reaffirmed a “market perform” rating and set a $18.61 price target on shares of Cross Country Healthcare in a research report on Friday, March 14th. JMP Securities reaffirmed a “market perform” rating on shares of Cross Country Healthcare in a research report on Thursday, February 6th. Finally, StockNews.com started coverage on shares of Cross Country Healthcare in a report on Monday. They issued a “hold” rating on the stock. Six investment analysts have rated the stock with a hold rating, Based on data from MarketBeat, Cross Country Healthcare presently has an average rating of “Hold” and an average price target of $18.41.

Cross Country Healthcare Price Performance

NASDAQ:CCRN opened at $14.26 on Monday. Cross Country Healthcare, Inc. has a 1 year low of $9.58 and a 1 year high of $18.50. The business has a fifty day simple moving average of $15.78 and a two-hundred day simple moving average of $15.29. The company has a market capitalization of $467.91 million, a P/E ratio of -285.14, a P/E/G ratio of 3.32 and a beta of 0.25.

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.