GABELLI & Co INVESTMENT ADVISERS INC. acquired a new stake in Cross Country Healthcare, Inc. (NASDAQ:CCRN - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 289,150 shares of the business services provider's stock, valued at approximately $5,251,000. GABELLI & Co INVESTMENT ADVISERS INC. owned about 0.88% of Cross Country Healthcare as of its most recent filing with the SEC.
Other large investors also recently modified their holdings of the company. Quadrant Capital Group LLC acquired a new position in shares of Cross Country Healthcare in the 4th quarter valued at about $25,000. Plato Investment Management Ltd acquired a new position in Cross Country Healthcare in the fourth quarter valued at approximately $46,000. Virtu Financial LLC bought a new position in shares of Cross Country Healthcare during the 3rd quarter worth approximately $153,000. Mint Tower Capital Management B.V. acquired a new stake in shares of Cross Country Healthcare during the 4th quarter worth approximately $182,000. Finally, Guggenheim Capital LLC acquired a new position in shares of Cross Country Healthcare during the 4th quarter valued at $201,000. 96.03% of the stock is currently owned by institutional investors and hedge funds.
Cross Country Healthcare Price Performance
CCRN stock traded down $0.01 during trading on Friday, reaching $14.26. The company had a trading volume of 174,052 shares, compared to its average volume of 599,455. The business has a 50 day moving average of $15.86 and a 200 day moving average of $15.25. The company has a market cap of $467.91 million, a P/E ratio of -285.14, a PEG ratio of 3.32 and a beta of 0.25. Cross Country Healthcare, Inc. has a 52 week low of $9.58 and a 52 week high of $18.50.
Wall Street Analysts Forecast Growth
Several research firms recently weighed in on CCRN. StockNews.com began coverage on shares of Cross Country Healthcare in a report on Sunday, April 13th. They set a "hold" rating on the stock. JMP Securities restated a "market perform" rating on shares of Cross Country Healthcare in a research note on Thursday, February 6th. Finally, Barrington Research reaffirmed 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. Six investment analysts have rated the stock with a hold rating, According to MarketBeat, the company presently has an average rating of "Hold" and an average price target of $18.41.
Check Out Our Latest Stock Report on Cross Country Healthcare
Cross Country Healthcare Company Profile
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Free Report)
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.
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