American Century Companies Inc. Buys 92,114 Shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN)

American Century Companies Inc. grew its stake in shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN - Free Report) by 9.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,032,203 shares of the business services provider's stock after acquiring an additional 92,114 shares during the period. American Century Companies Inc. owned 3.15% of Cross Country Healthcare worth $18,745,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. Jane Street Group LLC grew its stake in Cross Country Healthcare by 337.6% in the third quarter. Jane Street Group LLC now owns 181,492 shares of the business services provider's stock valued at $2,439,000 after purchasing an additional 140,013 shares in the last quarter. PDT Partners LLC purchased a new stake in shares of Cross Country Healthcare during the 3rd quarter worth about $856,000. Barclays PLC lifted its holdings in shares of Cross Country Healthcare by 117.5% during the 3rd quarter. Barclays PLC now owns 80,277 shares of the business services provider's stock valued at $1,078,000 after buying an additional 43,372 shares during the last quarter. 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 valued at $22,347,000 after buying an additional 130,746 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its holdings in Cross Country Healthcare by 288.0% in the third quarter. BNP Paribas Financial Markets now owns 54,967 shares of the business services provider's stock worth $739,000 after buying an additional 40,799 shares during the last quarter. 96.03% of the stock is owned by institutional investors and hedge funds.

Cross Country Healthcare Stock Performance

Shares of NASDAQ:CCRN traded down $0.07 during midday trading on Thursday, hitting $14.83. The company's stock had a trading volume of 223,494 shares, compared to its average volume of 595,551. The stock's 50 day simple moving average is $16.78 and its 200 day simple moving average is $15.23. Cross Country Healthcare, Inc. has a fifty-two week low of $9.58 and a fifty-two week high of $18.50. The stock has a market capitalization of $486.62 million, a price-to-earnings ratio of -296.54, a PEG ratio of 3.32 and a beta of 0.44.

Wall Street Analyst Weigh In

Several research firms have commented on CCRN. Benchmark downgraded shares of Cross Country Healthcare from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, December 4th. 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. Truist Financial boosted their price target on Cross Country Healthcare from $15.00 to $18.61 and gave the stock a "hold" rating in a research report on Thursday, December 5th. StockNews.com assumed coverage on Cross Country Healthcare in a report on Friday, March 28th. They set a "hold" rating on the stock. Finally, JMP Securities restated a "market perform" rating on shares of Cross Country Healthcare in a report on Thursday, February 6th. Six equities research analysts have rated the stock with a hold rating, According to MarketBeat, the stock presently has an average rating of "Hold" and an average 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.