Dana Investment Advisors Inc. Boosts Stake in Cross Country Healthcare, Inc. (NASDAQ:CCRN)

Dana Investment Advisors Inc. boosted its holdings in shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN - Free Report) by 36.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 552,875 shares of the business services provider's stock after purchasing an additional 148,160 shares during the quarter. Dana Investment Advisors Inc. owned approximately 1.68% of Cross Country Healthcare worth $10,040,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Truvestments Capital LLC purchased a new position in shares of Cross Country Healthcare during the 3rd quarter valued at approximately $39,000. Plato Investment Management Ltd acquired a new position in Cross Country Healthcare during the fourth quarter worth $46,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in Cross Country Healthcare during the third quarter worth $49,000. Point72 DIFC Ltd purchased a new position in Cross Country Healthcare during the third quarter valued at $52,000. Finally, Gladius Capital Management LP grew its position in shares of 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 valued at $54,000 after purchasing an additional 1,812 shares during the period. 96.03% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Benchmark downgraded shares of Cross Country Healthcare from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, December 4th. JMP Securities reissued a "market perform" rating on shares of Cross Country Healthcare in a report on Thursday, February 6th. StockNews.com started coverage on Cross Country Healthcare in a research note on Tuesday, March 4th. They issued a "hold" rating on the stock. Barrington Research reissued a "market perform" rating on shares of Cross Country Healthcare in a research note on Tuesday, December 10th. Finally, Truist Financial raised their price objective on Cross Country Healthcare from $15.00 to $18.61 and gave the company a "hold" rating in a report on Thursday, December 5th. Six investment analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $18.54.

Remove Ads

Cross Country Healthcare Stock Up 0.8 %

Shares of Cross Country Healthcare stock traded up $0.13 on Friday, hitting $15.93. 481,897 shares of the company were exchanged, compared to its average volume of 526,607. The company has a 50-day moving average price of $17.92 and a 200 day moving average price of $15.14. The stock has a market capitalization of $522.76 million, a price-to-earnings ratio of -318.54, a price-to-earnings-growth ratio of 3.32 and a beta of 0.44. Cross Country Healthcare, Inc. has a 1-year low of $9.58 and a 1-year high of $19.25.

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.