Barrington Research Reiterates Market Perform Rating for Cross Country Healthcare (NASDAQ:CCRN)

Cross Country Healthcare (NASDAQ:CCRN)‘s stock had its “market perform” rating reiterated by analysts at Barrington Research in a note issued to investors on Tuesday, Marketbeat Ratings reports.

A number of other brokerages have also weighed in on CCRN. Truist Financial boosted their target price on Cross Country Healthcare from $15.00 to $18.61 and gave the company a “hold” rating in a research note on Thursday, December 5th. William Blair downgraded shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Finally, Benchmark cut shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Four investment analysts have rated the stock with a hold rating, Based on data from MarketBeat, Cross Country Healthcare currently has an average rating of “Hold” and a consensus target price of $18.54.

Cross Country Healthcare Trading Down 0.2 %

Shares of NASDAQ:CCRN opened at $18.04 on Tuesday. The company has a 50-day moving average price of $12.26 and a 200-day moving average price of $13.79. The company has a market cap of $593.82 million, a price-to-earnings ratio of -360.80, a price-to-earnings-growth ratio of 3.45 and a beta of 0.61. Cross Country Healthcare has a 12 month low of $9.58 and a 12 month high of $23.64.

Institutional Trading of Cross Country Healthcare

A number of hedge funds have recently modified their holdings of the business. Jacobs Levy Equity Management Inc. bought a new position in shares of Cross Country Healthcare in the 3rd quarter worth about $7,350,000. Royce & Associates LP increased its stake in shares of Cross Country Healthcare by 51.4% during the third quarter. Royce & Associates LP now owns 1,132,566 shares of the business services provider’s stock valued at $15,222,000 after purchasing an additional 384,374 shares in the last quarter. Pacer Advisors Inc. lifted its holdings in shares of Cross Country Healthcare by 3.8% during the second quarter. Pacer Advisors Inc. now owns 4,550,848 shares of the business services provider’s stock valued at $62,984,000 after purchasing an additional 165,032 shares during the last quarter. Jane Street Group LLC boosted its position in shares of Cross Country Healthcare by 337.6% in the 3rd quarter. Jane Street Group LLC now owns 181,492 shares of the business services provider’s stock worth $2,439,000 after purchasing an additional 140,013 shares in the last quarter. Finally, Systematic Financial Management LP grew its stake in shares of Cross Country Healthcare by 8.5% in the 3rd quarter. Systematic Financial Management LP now owns 1,662,730 shares of the business services provider’s stock worth $22,347,000 after buying an additional 130,746 shares during the last quarter. 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.