Vanguard Group Inc. Has $33.29 Million Stock Position in Cross Country Healthcare, Inc. (NASDAQ:CCRN)

Vanguard Group Inc. cut its holdings in Cross Country Healthcare, Inc. (NASDAQ:CCRN - Free Report) by 24.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,832,936 shares of the business services provider's stock after selling 607,919 shares during the quarter. Vanguard Group Inc. owned approximately 5.58% of Cross Country Healthcare worth $33,286,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Plato Investment Management Ltd acquired a new stake in Cross Country Healthcare in the 4th quarter valued at about $46,000. Virtu Financial LLC acquired a new stake in shares of Cross Country Healthcare in the third quarter valued at approximately $153,000. Ieq Capital LLC bought a new position in Cross Country Healthcare in the 4th quarter worth approximately $231,000. XTX Topco Ltd acquired a new position in Cross Country Healthcare during the 3rd quarter worth $312,000. Finally, Amundi boosted its position in Cross Country Healthcare by 385.4% in the 4th quarter. Amundi now owns 26,494 shares of the business services provider's stock valued at $483,000 after buying an additional 21,036 shares during the last quarter. 96.03% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

CCRN has been the topic of several research reports. StockNews.com assumed coverage on Cross Country Healthcare in a research note on Sunday, April 13th. They set a "hold" rating on the stock. Barrington Research restated a "market perform" rating and set a $18.61 target price 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 research note on Thursday, February 6th. Six investment analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $18.41.

Cross Country Healthcare Stock Down 0.1 %

NASDAQ CCRN traded down $0.01 on Friday, reaching $14.26. The company had a trading volume of 174,052 shares, compared to its average volume of 599,455. Cross Country Healthcare, Inc. has a 52 week low of $9.58 and a 52 week high of $18.50. The stock has a market cap of $467.91 million, a price-to-earnings ratio of -285.14, a PEG ratio of 3.32 and a beta of 0.25. The stock's 50 day moving average is $15.78 and its 200-day moving average is $15.26.

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.