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

StockNews.com assumed coverage on shares of Cross Country Healthcare (NASDAQ:CCRN) in a research report report published on Sunday morning. The brokerage issued a hold rating on the business services provider’s stock.

A number of other research analysts have also recently issued reports on CCRN. William Blair cut shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th. Benchmark downgraded shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th. Barrington Research reiterated a “market perform” rating on shares of Cross Country Healthcare in a research report on Tuesday, December 10th. Finally, Truist Financial increased their target price on Cross Country Healthcare from $15.00 to $18.61 and gave the company a “hold” rating in a research report on Thursday, December 5th. Five analysts have rated the stock with a hold rating, According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $18.54.

Cross Country Healthcare Stock Up 0.4 %

CCRN opened at $17.97 on Friday. The stock has a market capitalization of $591.52 million, a price-to-earnings ratio of -359.33, a P/E/G ratio of 3.39 and a beta of 0.61. Cross Country Healthcare has a twelve month low of $9.58 and a twelve month high of $23.64. The company has a 50-day simple moving average of $13.15 and a 200 day simple moving average of $13.97.

Institutional Trading of Cross Country Healthcare

Institutional investors have recently modified their holdings of the business. Pacer Advisors Inc. lifted its holdings in Cross Country Healthcare by 3.8% during the 2nd quarter. Pacer Advisors Inc. now owns 4,550,848 shares of the business services provider’s stock worth $62,984,000 after buying an additional 165,032 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Cross Country Healthcare by 1.0% in the second quarter. Dimensional Fund Advisors LP now owns 2,360,016 shares of the business services provider’s stock valued at $32,662,000 after acquiring an additional 24,363 shares during the last quarter. Systematic Financial Management LP increased its position in Cross Country Healthcare by 8.5% during the 3rd quarter. Systematic Financial Management LP now owns 1,662,730 shares of the business services provider’s stock valued at $22,347,000 after purchasing an additional 130,746 shares during the period. State Street Corp raised its holdings in Cross Country Healthcare by 0.5% during the 3rd quarter. State Street Corp now owns 1,334,353 shares of the business services provider’s stock worth $17,934,000 after purchasing an additional 6,582 shares during the last quarter. Finally, Royce & Associates LP lifted its position in shares of Cross Country Healthcare by 51.4% in the 3rd quarter. Royce & Associates LP now owns 1,132,566 shares of the business services provider’s stock worth $15,222,000 after purchasing an additional 384,374 shares during the period. Institutional investors own 96.03% of the company’s stock.

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.