Public Employees Retirement System of Ohio Acquires 57,021 Shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN)

Public Employees Retirement System of Ohio grew its holdings in shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN - Free Report) by 5,077.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 58,144 shares of the business services provider's stock after purchasing an additional 57,021 shares during the quarter. Public Employees Retirement System of Ohio owned about 0.18% of Cross Country Healthcare worth $781,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of CCRN. XTX Topco Ltd bought a new position in Cross Country Healthcare in the 3rd quarter worth approximately $312,000. Jane Street Group LLC boosted its holdings in shares of Cross Country Healthcare by 337.6% in the third quarter. Jane Street Group LLC now owns 181,492 shares of the business services provider's stock worth $2,439,000 after acquiring an additional 140,013 shares during the period. Virtus Investment Advisers Inc. bought a new position in shares of Cross Country Healthcare in the third quarter worth $323,000. State Street Corp raised its stake in shares of Cross Country Healthcare by 0.5% during the 3rd quarter. State Street Corp now owns 1,334,353 shares of the business services provider's stock valued at $17,934,000 after purchasing an additional 6,582 shares during the period. Finally, Systematic Financial Management LP boosted its stake in Cross Country Healthcare by 8.5% in the 3rd quarter. Systematic Financial Management LP now owns 1,662,730 shares of the business services provider's stock worth $22,347,000 after purchasing an additional 130,746 shares during the period. Hedge funds and other institutional investors own 96.03% of the company's stock.

Cross Country Healthcare Stock Down 0.1 %

NASDAQ:CCRN traded down $0.01 during midday trading on Friday, hitting $17.91. The company had a trading volume of 1,011,077 shares, compared to its average volume of 610,883. The stock's fifty day moving average price is $13.04 and its 200-day moving average price is $13.95. Cross Country Healthcare, Inc. has a 52-week low of $9.58 and a 52-week high of $23.64. The company has a market capitalization of $589.54 million, a PE ratio of -358.13, a P/E/G ratio of 3.39 and a beta of 0.61.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Truist Financial upped their price target on Cross Country Healthcare from $15.00 to $18.61 and gave the company a "hold" rating in a research report on Thursday, December 5th. Benchmark cut shares of Cross Country Healthcare from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, December 4th. StockNews.com initiated coverage on shares of Cross Country Healthcare in a research report on Saturday, December 14th. They set a "hold" rating for the company. Barrington Research reiterated a "market perform" rating on shares of Cross Country Healthcare in a research report on Tuesday, December 10th. Finally, William Blair cut Cross Country Healthcare from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, December 4th. Five analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, Cross Country Healthcare currently has an average rating of "Hold" and a consensus target price of $18.54.

Cross Country Healthcare Company 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.