Walleye Capital LLC bought a new stake in Cross Country Healthcare, Inc. (NASDAQ:CCRN - Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 83,914 shares of the business services provider's stock, valued at approximately $1,128,000. Walleye Capital LLC owned approximately 0.25% of Cross Country Healthcare at the end of the most recent quarter.
Other hedge funds have also recently modified their holdings of the company. SummerHaven Investment Management LLC boosted its stake in Cross Country Healthcare by 3.8% in 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 grew its stake in Cross Country Healthcare by 0.7% during the 2nd quarter. Raymond James & Associates now owns 165,324 shares of the business services provider's stock worth $2,288,000 after buying an additional 1,155 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Cross Country Healthcare by 14.0% during 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 lifted its stake in 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 valued at $312,000 after buying an additional 1,450 shares during the last quarter. Finally, Gladius Capital Management LP boosted its holdings 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 valued at $54,000 after acquiring an additional 1,812 shares during the period. 96.03% of the stock is owned by hedge funds and other institutional investors.
Cross Country Healthcare Stock Performance
NASDAQ:CCRN traded up $0.01 during trading hours on Friday, hitting $18.08. The company's stock had a trading volume of 1,362,526 shares, compared to its average volume of 594,586. Cross Country Healthcare, Inc. has a 52-week low of $9.58 and a 52-week high of $23.64. The business's 50-day moving average is $11.96 and its two-hundred day moving average is $13.71. The company has a market capitalization of $595.14 million, a PE ratio of -361.60, a PEG ratio of 2.13 and a beta of 0.61.
Wall Street Analyst Weigh In
CCRN has been the subject of several research reports. Benchmark downgraded shares of Cross Country Healthcare from a "strong-buy" rating to a "hold" rating in a research report on Wednesday. Truist Financial raised their price target on Cross Country Healthcare from $15.00 to $18.61 and gave the stock a "hold" rating in a report on Thursday. William Blair cut Cross Country Healthcare from a "strong-buy" rating to a "hold" rating in a research report on Wednesday. Finally, Barrington Research cut their price target on 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. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $18.54.
Get Our Latest Analysis on Cross Country Healthcare
Cross Country Healthcare Profile
(
Free Report)
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.
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