Water Island Capital LLC bought a new position in Cross Country Healthcare, Inc. (NASDAQ:CCRN - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 368,095 shares of the business services provider's stock, valued at approximately $6,685,000. Water Island Capital LLC owned 1.12% of Cross Country Healthcare at the end of the most recent reporting period.
A number of other large investors have also modified their holdings of CCRN. Quadrant Capital Group LLC acquired a new position in shares of Cross Country Healthcare during the fourth quarter valued at approximately $25,000. Plato Investment Management Ltd bought a new stake in Cross Country Healthcare in the fourth quarter worth about $46,000. Virtu Financial LLC acquired a new position in shares of Cross Country Healthcare during the 3rd quarter worth $153,000. Mint Tower Capital Management B.V. acquired a new stake in shares of Cross Country Healthcare in the fourth quarter worth about $182,000. Finally, Envestnet Asset Management Inc. bought a new position in shares of Cross Country Healthcare in the 4th quarter valued at approximately $217,000. Institutional investors and hedge funds own 96.03% of the company's stock.
Analyst Ratings Changes
A number of research firms have recently commented on CCRN. JMP Securities reissued a "market perform" rating on shares of Cross Country Healthcare in a research report on Thursday, February 6th. StockNews.com initiated coverage on shares of Cross Country Healthcare in a report on Sunday. They set a "hold" rating for the company. Finally, Barrington Research reiterated a "market perform" rating and set a $18.61 price target on shares of Cross Country Healthcare in a report on Friday, March 14th. Six analysts have rated the stock with a hold rating, According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $18.41.
View Our Latest Stock Report on CCRN
Cross Country Healthcare Stock Down 0.4 %
Shares of Cross Country Healthcare stock traded down $0.05 during trading on Thursday, reaching $14.22. 95,603 shares of the company were exchanged, compared to its average volume of 596,874. Cross Country Healthcare, Inc. has a twelve month low of $9.58 and a twelve month high of $18.50. The firm has a market capitalization of $466.47 million, a price-to-earnings ratio of -284.18, a P/E/G ratio of 3.32 and a beta of 0.25. The business has a 50-day moving average price of $15.94 and a 200-day moving average price of $15.24.
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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