Easterly Investment Partners LLC Acquires Shares of 57,256 Cross Country Healthcare, Inc. (NASDAQ:CCRN)

Easterly Investment Partners LLC acquired a new position in Cross Country Healthcare, Inc. (NASDAQ:CCRN - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 57,256 shares of the business services provider's stock, valued at approximately $1,040,000. Easterly Investment Partners LLC owned about 0.17% of Cross Country Healthcare as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Truvestments Capital LLC acquired a new stake in Cross Country Healthcare in the third quarter valued at approximately $39,000. Plato Investment Management Ltd purchased a new stake in shares of Cross Country Healthcare during the 4th quarter valued at $46,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Cross Country Healthcare in the 3rd quarter worth $49,000. Point72 DIFC Ltd acquired a new stake in shares of Cross Country Healthcare in the 3rd quarter worth $52,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its stake in 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 buying an additional 1,250 shares during the last quarter. Institutional investors own 96.03% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on CCRN shares. JMP Securities reissued a "market perform" rating on shares of Cross Country Healthcare in a report on Thursday, February 6th. William Blair cut shares of Cross Country Healthcare from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, December 4th. Truist Financial boosted their price target on Cross Country Healthcare from $15.00 to $18.61 and gave the company a "hold" rating in a research note on Thursday, December 5th. Barrington Research reaffirmed a "market perform" rating and set a $18.61 target price on shares of Cross Country Healthcare in a report on Friday, March 14th. Finally, StockNews.com started coverage on shares of Cross Country Healthcare in a report on Friday. They issued a "hold" rating on the stock. Six analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $18.41.

Cross Country Healthcare Stock Up 0.7 %

Shares of CCRN traded up $0.10 during mid-day trading on Tuesday, reaching $14.99. The company had a trading volume of 51,673 shares, compared to its average volume of 594,730. The stock has a 50 day moving average of $16.98 and a two-hundred day moving average of $15.23. The stock has a market capitalization of $491.90 million, a P/E ratio of -300.24, a PEG ratio of 3.32 and a beta of 0.44. Cross Country Healthcare, Inc. has a 52-week low of $9.58 and a 52-week high of $19.14.

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.