Trexquant Investment LP Raises Position in Cross Country Healthcare, Inc. (NASDAQ:CCRN)

Trexquant Investment LP boosted its position in Cross Country Healthcare, Inc. (NASDAQ:CCRN - Free Report) by 132.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 96,597 shares of the business services provider's stock after purchasing an additional 55,043 shares during the period. Trexquant Investment LP owned 0.29% of Cross Country Healthcare worth $1,754,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Plato Investment Management Ltd acquired a new position in shares of Cross Country Healthcare in the fourth quarter valued at approximately $46,000. Point72 DIFC Ltd acquired a new position in Cross Country Healthcare in the 3rd quarter valued at approximately $52,000. Mint Tower Capital Management B.V. acquired a new position in Cross Country Healthcare in the 4th quarter valued at approximately $182,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Cross Country Healthcare by 14.0% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,169 shares of the business services provider's stock valued at $137,000 after acquiring an additional 1,250 shares during the last quarter. Finally, Virtu Financial LLC acquired a new position in shares of Cross Country Healthcare during the third quarter worth $153,000. 96.03% of the stock is currently owned by institutional investors.

Cross Country Healthcare Trading Up 0.3 %

NASDAQ CCRN traded up $0.05 during mid-day trading on Monday, hitting $14.38. The company's stock had a trading volume of 20,923 shares, compared to its average volume of 598,423. The firm has a market capitalization of $471.72 million, a price-to-earnings ratio of -287.46, a PEG ratio of 3.32 and a beta of 0.25. The company's 50 day simple moving average is $16.17 and its 200 day simple moving average is $15.25. Cross Country Healthcare, Inc. has a twelve month low of $9.58 and a twelve month high of $18.50.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on CCRN shares. StockNews.com assumed coverage on shares of Cross Country Healthcare in a research note on Sunday. They set a "hold" rating for the company. JMP Securities reiterated a "market perform" rating on shares of Cross Country Healthcare in a research report on Thursday, February 6th. Finally, Barrington Research reaffirmed a "market perform" rating and issued a $18.61 price target on shares of Cross Country Healthcare in a research note on Friday, March 14th. 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 a consensus price target of $18.41.

About Cross Country Healthcare

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.