Cross Country Healthcare, Inc. (NASDAQ:CCRN) Shares Sold by Prudential Financial Inc.

Prudential Financial Inc. cut its position in shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN - Free Report) by 88.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,815 shares of the business services provider's stock after selling 110,831 shares during the quarter. Prudential Financial Inc.'s holdings in Cross Country Healthcare were worth $251,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of CCRN. Plato Investment Management Ltd purchased a new stake in Cross Country Healthcare in the fourth quarter valued at $46,000. Virtu Financial LLC purchased a new position in Cross Country Healthcare in the 3rd quarter valued at $153,000. Ieq Capital LLC acquired a new position in Cross Country Healthcare during the fourth quarter worth about $231,000. XTX Topco Ltd acquired a new position in shares of Cross Country Healthcare during the 3rd quarter worth approximately $312,000. Finally, Verition Fund Management LLC purchased a new position in shares of Cross Country Healthcare during the 3rd quarter worth $316,000. 96.03% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on CCRN shares. StockNews.com began coverage on Cross Country Healthcare in a report on Sunday. They issued a "hold" rating for the company. Barrington Research reiterated a "market perform" rating and set a $18.61 target price on shares of Cross Country Healthcare in a research report on Friday, March 14th. Finally, JMP Securities reaffirmed a "market perform" rating on shares of Cross Country Healthcare in a report on Thursday, February 6th. Six analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $18.41.

Cross Country Healthcare Price Performance

CCRN traded down $0.02 during trading hours on Wednesday, reaching $14.26. 7,225 shares of the stock traded hands, compared to its average volume of 596,735. The company has a market cap of $468.01 million, a price-to-earnings ratio of -284.84, a PEG ratio of 3.32 and a beta of 0.25. Cross Country Healthcare, Inc. has a fifty-two week low of $9.58 and a fifty-two week high of $18.50. The firm's fifty day simple moving average is $16.02 and its two-hundred day simple moving average is $15.25.

Cross Country Healthcare Company 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.