Charles Schwab Investment Management Inc. trimmed its stake in Cross Country Healthcare, Inc. (NASDAQ:CCRN - Free Report) by 13.6% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 389,165 shares of the business services provider's stock after selling 61,186 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 1.15% of Cross Country Healthcare worth $5,230,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Pacer Advisors Inc. increased 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 period. Dimensional Fund Advisors LP increased its stake in Cross Country Healthcare by 1.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,360,016 shares of the business services provider's stock valued at $32,662,000 after buying an additional 24,363 shares during the period. Royce & Associates LP raised its position in shares of Cross Country Healthcare by 51.4% during the 3rd quarter. Royce & Associates LP now owns 1,132,566 shares of the business services provider's stock worth $15,222,000 after buying an additional 384,374 shares in the last quarter. American Century Companies Inc. lifted its stake in shares of Cross Country Healthcare by 15.9% in the 2nd quarter. American Century Companies Inc. now owns 772,834 shares of the business services provider's stock worth $10,696,000 after acquiring an additional 106,226 shares during the period. Finally, Dana Investment Advisors Inc. boosted its holdings in shares of Cross Country Healthcare by 34.7% in the second quarter. Dana Investment Advisors Inc. now owns 404,370 shares of the business services provider's stock valued at $5,596,000 after acquiring an additional 104,136 shares in the last quarter. Institutional investors and hedge funds own 96.03% of the company's stock.
Analysts Set New Price Targets
Several equities research analysts recently commented on CCRN shares. Barrington Research reissued a "market perform" rating on shares of Cross Country Healthcare in a report on Tuesday. William Blair lowered Cross Country Healthcare from a "strong-buy" rating to a "hold" rating in a report on Wednesday, December 4th. Benchmark lowered Cross Country Healthcare from a "strong-buy" rating to a "hold" rating in a report on Wednesday, December 4th. Finally, Truist Financial lifted their price objective on shares of Cross Country Healthcare from $15.00 to $18.61 and gave the stock a "hold" rating in a research note on Thursday, December 5th. Four analysts have rated the stock with a hold rating, Based on data from MarketBeat, Cross Country Healthcare has an average rating of "Hold" and a consensus target price of $18.54.
Read Our Latest Report on CCRN
Cross Country Healthcare Price Performance
Shares of NASDAQ:CCRN remained flat at $18.06 on Friday. The company's stock had a trading volume of 651,709 shares, compared to its average volume of 603,947. The company has a fifty day moving average of $12.36 and a 200-day moving average of $13.82. Cross Country Healthcare, Inc. has a 12 month low of $9.58 and a 12 month high of $23.64.
About Cross Country Healthcare
(
Free Report)
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.
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