Orion Portfolio Solutions LLC Trims Position in Cross Country Healthcare, Inc. (NASDAQ:CCRN)

Orion Portfolio Solutions LLC decreased its position in shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN - Free Report) by 56.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 39,344 shares of the business services provider's stock after selling 51,714 shares during the period. Orion Portfolio Solutions LLC owned approximately 0.12% of Cross Country Healthcare worth $714,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Plato Investment Management Ltd purchased a new position in shares of Cross Country Healthcare during the 4th quarter valued at about $46,000. Point72 Asia Singapore Pte. Ltd. bought a new position in Cross Country Healthcare during the third quarter valued at approximately $49,000. Point72 DIFC Ltd purchased a new position in shares of Cross Country Healthcare during the third quarter worth approximately $52,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Cross Country Healthcare by 14.0% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,169 shares of the business services provider's stock worth $137,000 after acquiring an additional 1,250 shares during the last quarter. Finally, Virtu Financial LLC purchased a new stake in shares of Cross Country Healthcare in the 3rd quarter valued at $153,000. Institutional investors own 96.03% of the company's stock.

Cross Country Healthcare Price Performance

Cross Country Healthcare stock traded down $0.11 during trading hours on Friday, reaching $14.33. The stock had a trading volume of 203,127 shares, compared to its average volume of 599,073. The company has a fifty day simple moving average of $16.17 and a 200-day simple moving average of $15.24. Cross Country Healthcare, Inc. has a 52 week low of $9.58 and a 52 week high of $18.50. The stock has a market cap of $470.21 million, a PE ratio of -286.54, a PEG ratio of 3.32 and a beta of 0.25.

Analyst Ratings Changes

CCRN has been the topic of a number of analyst reports. JMP Securities reiterated a "market perform" rating on shares of Cross Country Healthcare in a research report on Thursday, February 6th. StockNews.com assumed coverage on Cross Country Healthcare in a report on Saturday, April 5th. They issued a "hold" rating on the stock. Finally, Barrington Research reissued a "market perform" rating and issued a $18.61 target price on shares of Cross Country Healthcare in a research note on Friday, March 14th. Six investment analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company currently has a consensus 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.