BNP Paribas Financial Markets Grows Stock Position in Cross Country Healthcare, Inc. (NASDAQ:CCRN)

BNP Paribas Financial Markets increased its holdings in shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN - Free Report) by 288.0% in the third quarter, according to its most recent filing with the SEC. The fund owned 54,967 shares of the business services provider's stock after acquiring an additional 40,799 shares during the period. BNP Paribas Financial Markets owned about 0.17% of Cross Country Healthcare worth $739,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Truvestments Capital LLC bought a new position in Cross Country Healthcare in the 3rd quarter worth about $39,000. nVerses Capital LLC bought a new position in Cross Country Healthcare in the second quarter worth approximately $50,000. Gladius Capital Management LP grew its stake in Cross Country Healthcare by 83.4% in the third quarter. Gladius Capital Management LP now owns 3,985 shares of the business services provider's stock worth $54,000 after purchasing an additional 1,812 shares in the last quarter. US Bancorp DE increased its holdings in Cross Country Healthcare by 10,909.3% during the 3rd quarter. US Bancorp DE now owns 4,734 shares of the business services provider's stock worth $64,000 after purchasing an additional 4,691 shares during the period. Finally, GAMMA Investing LLC raised its position in Cross Country Healthcare by 32.8% during the 3rd quarter. GAMMA Investing LLC now owns 7,543 shares of the business services provider's stock valued at $101,000 after purchasing an additional 1,865 shares in the last quarter. Hedge funds and other institutional investors own 96.03% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on CCRN shares. William Blair lowered Cross Country Healthcare from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, December 4th. Truist Financial increased their target price on shares of Cross Country Healthcare from $15.00 to $18.61 and gave the stock a "hold" rating in a report on Thursday, December 5th. Benchmark lowered shares of Cross Country Healthcare from a "strong-buy" rating to a "hold" rating in a report on Wednesday, December 4th. Finally, Barrington Research reiterated a "market perform" rating on shares of Cross Country Healthcare in a research note on Tuesday. Four research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $18.54.

Cross Country Healthcare Price Performance

Shares of NASDAQ CCRN remained flat at $18.06 during mid-day trading on Friday. The company had a trading volume of 879,083 shares, compared to its average volume of 604,974. The business has a 50-day simple moving average of $12.36 and a 200-day simple moving average of $13.82. Cross Country Healthcare, Inc. has a 1 year low of $9.58 and a 1 year high of $23.64.

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.