Olympiad Research LP Purchases Shares of 83,705 Cross Country Healthcare, Inc. (NASDAQ:CCRN)

Olympiad Research LP purchased a new stake in Cross Country Healthcare, Inc. (NASDAQ:CCRN) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 83,705 shares of the business services provider’s stock, valued at approximately $1,520,000. Cross Country Healthcare accounts for about 1.6% of Olympiad Research LP’s holdings, making the stock its 10th biggest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. SG Americas Securities LLC bought a new stake in shares of Cross Country Healthcare in the 3rd quarter worth about $135,000. Pinnacle Associates Ltd. grew its holdings in shares of Cross Country Healthcare by 14.9% in the 3rd quarter. Pinnacle Associates Ltd. now owns 342,315 shares of the business services provider’s stock worth $4,601,000 after purchasing an additional 44,496 shares during the last quarter. Congress Asset Management Co. grew its holdings in shares of Cross Country Healthcare by 8.0% in the 3rd quarter. Congress Asset Management Co. now owns 358,917 shares of the business services provider’s stock worth $4,824,000 after purchasing an additional 26,470 shares during the last quarter. US Bancorp DE grew its holdings in shares of Cross Country Healthcare by 10,909.3% in the 3rd quarter. US Bancorp DE now owns 4,734 shares of the business services provider’s stock worth $64,000 after purchasing an additional 4,691 shares during the last quarter. Finally, Royce & Associates LP grew its holdings in shares of Cross Country Healthcare by 51.4% in the 3rd quarter. Royce & Associates LP now owns 1,132,566 shares of the business services provider’s stock worth $15,222,000 after purchasing an additional 384,374 shares during the last quarter. Institutional investors own 96.03% of the company’s stock.

Cross Country Healthcare Trading Up 0.3 %

Cross Country Healthcare stock opened at $18.10 on Friday. Cross Country Healthcare, Inc. has a 1 year low of $9.58 and a 1 year high of $19.25. The company has a market cap of $593.97 million, a PE ratio of -361.93, a PEG ratio of 3.32 and a beta of 0.44. The company’s 50-day moving average is $18.13 and its two-hundred day moving average is $14.99.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on CCRN shares. JMP Securities reiterated a “market perform” rating on shares of Cross Country Healthcare in a research report on Thursday, February 6th. StockNews.com started coverage on shares of Cross Country Healthcare in a research report on Sunday, February 16th. They set a “hold” rating on the stock. Benchmark downgraded shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Truist Financial upped their price target on shares of Cross Country Healthcare from $15.00 to $18.61 and gave the stock a “hold” rating in a research report on Thursday, December 5th. Finally, William Blair downgraded shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Six research analysts have rated the stock with a hold rating, Based on data from MarketBeat, Cross Country Healthcare presently has an average rating of “Hold” and an average 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.