Royce & Associates LP Grows Position in Cross Country Healthcare, Inc. (NASDAQ:CCRN)

Royce & Associates LP raised its holdings in shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN) by 3.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,170,945 shares of the business services provider’s stock after acquiring an additional 38,379 shares during the quarter. Royce & Associates LP’s holdings in Cross Country Healthcare were worth $21,264,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Truvestments Capital LLC purchased a new stake in Cross Country Healthcare during the third quarter valued at about $39,000. Plato Investment Management Ltd bought a new stake in shares of Cross Country Healthcare during the fourth quarter valued at about $46,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Cross Country Healthcare during the third quarter valued at about $49,000. Point72 DIFC Ltd bought a new stake in shares of Cross Country Healthcare during the third quarter valued at about $52,000. Finally, Gladius Capital Management LP increased its position in shares of Cross Country Healthcare by 83.4% during the third quarter. Gladius Capital Management LP now owns 3,985 shares of the business services provider’s stock valued at $54,000 after buying an additional 1,812 shares during the period. 96.03% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on CCRN shares. Benchmark cut Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. JMP Securities reiterated a “market perform” rating on shares of Cross Country Healthcare in a research report on Thursday, February 6th. Barrington Research reiterated a “market perform” rating and set a $18.61 price target on shares of Cross Country Healthcare in a research report on Friday. Truist Financial upped their price objective 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, StockNews.com assumed coverage on shares of Cross Country Healthcare in a research report on Wednesday, March 12th. They issued a “hold” rating on the stock. Six research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $18.41.

Cross Country Healthcare Trading Down 1.1 %

CCRN stock opened at $15.58 on Monday. The company’s 50 day moving average is $17.68 and its 200 day moving average is $15.18. The stock has a market cap of $511.23 million, a price-to-earnings ratio of -311.54, a price-to-earnings-growth ratio of 3.32 and a beta of 0.44. Cross Country Healthcare, Inc. has a 1-year low of $9.58 and a 1-year high of $19.25.

Cross Country Healthcare 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.