Systematic Financial Management LP Purchases 130,746 Shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN)

Systematic Financial Management LP raised its holdings in Cross Country Healthcare, Inc. (NASDAQ:CCRN - Free Report) by 8.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,662,730 shares of the business services provider's stock after buying an additional 130,746 shares during the period. Systematic Financial Management LP owned about 5.05% of Cross Country Healthcare worth $22,347,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in CCRN. SummerHaven Investment Management LLC grew its stake in Cross Country Healthcare by 3.8% during the second quarter. SummerHaven Investment Management LLC now owns 28,376 shares of the business services provider's stock valued at $393,000 after acquiring an additional 1,032 shares in the last quarter. Raymond James & Associates lifted its position in Cross Country Healthcare by 0.7% during the second quarter. Raymond James & Associates now owns 165,324 shares of the business services provider's stock valued at $2,288,000 after purchasing an additional 1,155 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Cross Country Healthcare by 14.0% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,169 shares of the business services provider's stock worth $137,000 after buying an additional 1,250 shares during the period. Price T Rowe Associates Inc. MD increased its stake in shares of Cross Country Healthcare by 9.5% in the first quarter. Price T Rowe Associates Inc. MD now owns 16,639 shares of the business services provider's stock worth $312,000 after buying an additional 1,450 shares during the period. Finally, Gladius Capital Management LP increased its stake in shares of Cross Country Healthcare by 83.4% in the third quarter. Gladius Capital Management LP now owns 3,985 shares of the business services provider's stock worth $54,000 after buying an additional 1,812 shares during the period. 96.03% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

CCRN has been the topic of several analyst reports. Benchmark decreased 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 research note on Thursday, November 7th. Barrington Research decreased their target price on shares of Cross Country Healthcare from $21.00 to $19.00 and set an "outperform" rating on the stock in a research note on Thursday, August 8th. Finally, Truist Financial boosted their price objective on shares of Cross Country Healthcare from $15.00 to $18.61 and gave the company a "hold" rating in a research report on Thursday. Two investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, Cross Country Healthcare presently has an average rating of "Moderate Buy" and a consensus target price of $18.54.

Cross Country Healthcare Price Performance

Cross Country Healthcare stock traded down $0.09 during mid-day trading on Thursday, reaching $18.07. 4,899,412 shares of the company traded hands, compared to its average volume of 585,957. The firm's 50 day moving average price is $11.78 and its 200 day moving average price is $13.66. The firm has a market capitalization of $594.86 million, a price-to-earnings ratio of -362.13, a P/E/G ratio of 2.13 and a beta of 0.61. Cross Country Healthcare, Inc. has a 52-week low of $9.58 and a 52-week high of $23.64.

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.