Intech Investment Management LLC Reduces Stock Holdings in Cross Country Healthcare, Inc. (NASDAQ:CCRN)

Intech Investment Management LLC lowered its stake in shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN - Free Report) by 65.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,728 shares of the business services provider's stock after selling 37,416 shares during the period. Intech Investment Management LLC owned 0.06% of Cross Country Healthcare worth $358,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Cross Country Healthcare by 14.0% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,169 shares of the business services provider's stock worth $137,000 after purchasing an additional 1,250 shares during the last quarter. Plato Investment Management Ltd acquired a new position in shares of Cross Country Healthcare during the fourth quarter worth $46,000. Truvestments Capital LLC purchased a new stake in shares of Cross Country Healthcare during the 3rd quarter valued at $39,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Cross Country Healthcare in the 3rd quarter worth $49,000. Finally, Point72 DIFC Ltd purchased a new position in Cross Country Healthcare during the 3rd quarter worth $52,000. Institutional investors own 96.03% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on CCRN shares. Benchmark downgraded Cross Country Healthcare from a "strong-buy" rating to a "hold" rating in a report on Wednesday, December 4th. StockNews.com initiated coverage on Cross Country Healthcare in a research report on Friday. They issued a "hold" rating on the stock. Barrington Research reissued a "market perform" rating and set a $18.61 price target on shares of Cross Country Healthcare in a research report on Friday, March 14th. Truist Financial upped their price objective on shares of Cross Country Healthcare from $15.00 to $18.61 and gave the company a "hold" rating in a report on Thursday, December 5th. Finally, JMP Securities reissued a "market perform" rating on shares of Cross Country Healthcare in a report on Thursday, February 6th. Six investment analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $18.41.

Cross Country Healthcare Trading Down 0.7 %

CCRN traded down $0.11 during trading on Friday, hitting $15.00. The company's stock had a trading volume of 272,561 shares, compared to its average volume of 598,366. The firm has a market capitalization of $492.20 million, a price-to-earnings ratio of -299.94, a P/E/G ratio of 3.32 and a beta of 0.44. Cross Country Healthcare, Inc. has a twelve month low of $9.58 and a twelve month high of $19.14. The business's fifty day simple moving average is $17.04 and its 200 day simple moving average is $15.21.

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.