Cross Country Healthcare, Inc. (NASDAQ:CCRN) Shares Sold by LSV Asset Management

LSV Asset Management decreased its holdings in Cross Country Healthcare, Inc. (NASDAQ:CCRN - Free Report) by 77.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,600 shares of the business services provider's stock after selling 83,478 shares during the period. LSV Asset Management owned about 0.07% of Cross Country Healthcare worth $447,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of CCRN. Quadrant Capital Group LLC acquired a new stake in Cross Country Healthcare in the 4th quarter valued at about $25,000. Geode Capital Management LLC raised its position in Cross Country Healthcare by 0.3% in the 4th quarter. Geode Capital Management LLC now owns 754,368 shares of the business services provider's stock valued at $13,702,000 after purchasing an additional 2,112 shares during the last quarter. Plato Investment Management Ltd acquired a new position in Cross Country Healthcare in the fourth quarter valued at $46,000. Wells Fargo & Company MN raised its holdings in shares of Cross Country Healthcare by 20.7% in the fourth quarter. Wells Fargo & Company MN now owns 19,657 shares of the business services provider's stock valued at $357,000 after buying an additional 3,371 shares during the last quarter. Finally, State Street Corp grew its holdings in shares of Cross Country Healthcare by 0.5% during the third quarter. State Street Corp now owns 1,334,353 shares of the business services provider's stock worth $17,934,000 after buying an additional 6,582 shares during the last quarter. 96.03% of the stock is currently owned by institutional investors and hedge funds.

Cross Country Healthcare Trading Down 0.1 %

Shares of CCRN traded down $0.01 during trading hours on Friday, reaching $14.26. The company had a trading volume of 174,052 shares, compared to its average volume of 598,403. Cross Country Healthcare, Inc. has a 12-month low of $9.58 and a 12-month high of $18.50. The firm has a 50 day simple moving average of $15.86 and a 200-day simple moving average of $15.25. The company has a market capitalization of $467.91 million, a price-to-earnings ratio of -285.14, a PEG ratio of 3.32 and a beta of 0.25.

Analyst Ratings Changes

Several brokerages have weighed in on CCRN. StockNews.com began coverage on Cross Country Healthcare in a research note on Sunday, April 13th. They issued a "hold" rating on the stock. Barrington Research restated a "market perform" rating and set a $18.61 price objective 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 equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $18.41.

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.