57,144 Shares in Cross Country Healthcare, Inc. (NASDAQ:CCRN) Bought by Intech Investment Management LLC

Intech Investment Management LLC purchased a new stake in shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN - Free Report) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 57,144 shares of the business services provider's stock, valued at approximately $768,000. Intech Investment Management LLC owned about 0.17% of Cross Country Healthcare at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. nVerses Capital LLC acquired a new stake in Cross Country Healthcare in the second quarter valued at approximately $50,000. Gladius Capital Management LP boosted its holdings in shares of Cross Country Healthcare by 83.4% during the 3rd quarter. Gladius Capital Management LP now owns 3,985 shares of the business services provider's stock valued at $54,000 after acquiring an additional 1,812 shares in the last quarter. US Bancorp DE grew its position in Cross Country Healthcare by 10,909.3% during the 3rd quarter. US Bancorp DE now owns 4,734 shares of the business services provider's stock worth $64,000 after acquiring an additional 4,691 shares during the last quarter. GAMMA Investing LLC grew its position in Cross Country Healthcare by 622.4% during the 2nd quarter. GAMMA Investing LLC now owns 5,678 shares of the business services provider's stock worth $79,000 after acquiring an additional 4,892 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new position in Cross Country Healthcare in the 3rd quarter worth about $135,000. 96.03% of the stock is owned by institutional investors.

Cross Country Healthcare Stock Performance

Shares of NASDAQ:CCRN traded down $0.04 during midday trading on Friday, reaching $10.76. The company's stock had a trading volume of 200,065 shares, compared to its average volume of 530,409. The firm has a market capitalization of $354.19 million, a price-to-earnings ratio of -215.20, a PEG ratio of 2.06 and a beta of 0.65. The firm has a 50 day moving average price of $11.79 and a two-hundred day moving average price of $13.69. Cross Country Healthcare, Inc. has a fifty-two week low of $9.58 and a fifty-two week high of $23.64.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Truist Financial reduced their price target on Cross Country Healthcare from $17.00 to $15.00 and set a "hold" rating on the stock in a report on Monday, October 21st. Benchmark reduced their target price on shares of Cross Country Healthcare from $19.00 to $18.00 and set a "buy" rating on the stock in a report on Thursday, November 7th. Finally, Barrington Research dropped their price target on shares of Cross Country Healthcare from $21.00 to $19.00 and set an "outperform" rating for the company in a research note on Thursday, August 8th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, Cross Country Healthcare presently has an average rating of "Hold" and a consensus target price of $18.50.

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.