Cross Country Healthcare, Inc. (NASDAQ:CCRN) Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. decreased its position in Cross Country Healthcare, Inc. (NASDAQ:CCRN) by 13.9% during the 4th quarter, Holdings Channel reports. The fund owned 27,771 shares of the business services provider’s stock after selling 4,488 shares during the quarter. JPMorgan Chase & Co.’s holdings in Cross Country Healthcare were worth $504,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Mint Tower Capital Management B.V. purchased a new stake in shares of Cross Country Healthcare in the fourth quarter valued at approximately $182,000. Chicago Capital Management LLC acquired a new stake in Cross Country Healthcare in the fourth quarter valued at $7,300,000. KLP Kapitalforvaltning AS purchased a new stake in shares of Cross Country Healthcare during the 4th quarter worth $592,000. Sei Investments Co. grew its stake in shares of Cross Country Healthcare by 7.3% during the 4th quarter. Sei Investments Co. now owns 143,380 shares of the business services provider’s stock worth $2,604,000 after purchasing an additional 9,816 shares during the period. Finally, American Century Companies Inc. increased its holdings in shares of Cross Country Healthcare by 9.8% in the 4th quarter. American Century Companies Inc. now owns 1,032,203 shares of the business services provider’s stock valued at $18,745,000 after purchasing an additional 92,114 shares in the last quarter. 96.03% of the stock is currently owned by institutional investors and hedge funds.

Cross Country Healthcare Price Performance

CCRN opened at $13.55 on Thursday. The stock has a market capitalization of $444.25 million, a price-to-earnings ratio of -270.95, a price-to-earnings-growth ratio of 3.32 and a beta of 0.25. Cross Country Healthcare, Inc. has a 12 month low of $9.58 and a 12 month high of $18.50. The business has a 50-day moving average of $15.09 and a two-hundred day moving average of $15.33.

Analyst Ratings Changes

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

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.