Gamco Investors INC. ET AL Purchases Shares of 19,783 Cross Country Healthcare, Inc. (NASDAQ:CCRN)

Gamco Investors INC. ET AL acquired a new stake in Cross Country Healthcare, Inc. (NASDAQ:CCRN - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 19,783 shares of the business services provider's stock, valued at approximately $359,000. Gamco Investors INC. ET AL owned 0.06% of Cross Country Healthcare at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in CCRN. Magnetar Financial LLC bought a new stake in Cross Country Healthcare during the fourth quarter valued at $41,421,000. Alliancebernstein L.P. boosted its position in shares of Cross Country Healthcare by 443.7% during the 4th quarter. Alliancebernstein L.P. now owns 1,284,940 shares of the business services provider's stock valued at $23,335,000 after acquiring an additional 1,048,605 shares during the last quarter. Alpine Associates Management Inc. purchased a new position in shares of Cross Country Healthcare during the fourth quarter worth about $10,552,000. Chicago Capital Management LLC bought a new position in shares of Cross Country Healthcare in the fourth quarter worth approximately $7,300,000. Finally, Zweig DiMenna Associates LLC purchased a new stake in Cross Country Healthcare in the fourth quarter valued at approximately $6,841,000. 96.03% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have commented on CCRN shares. StockNews.com started coverage on shares of Cross Country Healthcare in a research note on Monday. They set a "hold" rating on the stock. JMP Securities reiterated a "market perform" rating on shares of Cross Country Healthcare in a research report on Thursday, February 6th. Finally, Barrington Research restated 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 equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $18.41.

Cross Country Healthcare Price Performance

Shares of CCRN stock traded down $0.34 during trading hours on Friday, hitting $13.60. The stock had a trading volume of 114,470 shares, compared to its average volume of 426,555. The stock's 50-day moving average price is $15.44 and its two-hundred day moving average price is $15.30. Cross Country Healthcare, Inc. has a one year low of $9.58 and a one year high of $18.50. The stock has a market capitalization of $446.26 million, a price-to-earnings ratio of -271.95, a PEG ratio of 3.32 and a beta of 0.25.

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.