Cross Country Healthcare, Inc. (CCRN) Holdings Reduced by Strs Ohio

Strs Ohio cut its position in Cross Country Healthcare, Inc. (NASDAQ:CCRN) by 6.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 74,800 shares of the business services provider’s stock after selling 5,200 shares during the period. Strs Ohio’s holdings in Cross Country Healthcare were worth $548,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in CCRN. Virtu Financial LLC acquired a new position in shares of Cross Country Healthcare during the fourth quarter worth approximately $74,000. Panagora Asset Management Inc. lifted its holdings in Cross Country Healthcare by 150.6% in the third quarter. Panagora Asset Management Inc. now owns 13,881 shares of the business services provider’s stock valued at $121,000 after buying an additional 8,342 shares during the period. Jane Street Group LLC acquired a new position in Cross Country Healthcare in the second quarter valued at approximately $138,000. MetLife Investment Advisors LLC lifted its holdings in Cross Country Healthcare by 57.5% in the third quarter. MetLife Investment Advisors LLC now owns 25,981 shares of the business services provider’s stock valued at $227,000 after buying an additional 9,486 shares during the period. Finally, Seizert Capital Partners LLC acquired a new position in Cross Country Healthcare in the third quarter valued at approximately $406,000. Hedge funds and other institutional investors own 89.51% of the company’s stock.

Shares of CCRN stock traded down $0.06 during trading hours on Monday, hitting $9.63. 1,786 shares of the company were exchanged, compared to its average volume of 165,808. The company has a quick ratio of 2.24, a current ratio of 2.24 and a debt-to-equity ratio of 0.35. Cross Country Healthcare, Inc. has a 52 week low of $6.91 and a 52 week high of $13.73. The company has a market capitalization of $351.27 million, a price-to-earnings ratio of 15.85, a P/E/G ratio of 2.79 and a beta of 1.15.

Several equities analysts recently weighed in on the stock. BidaskClub lowered shares of Cross Country Healthcare from a “hold” rating to a “sell” rating in a report on Friday, December 21st. ValuEngine raised shares of Cross Country Healthcare from a “sell” rating to a “hold” rating in a research note on Tuesday, November 6th. Zacks Investment Research raised shares of Cross Country Healthcare from a “sell” rating to a “hold” rating in a research note on Friday, November 30th. BMO Capital Markets increased their price objective on shares of Cross Country Healthcare from $9.00 to $10.00 and gave the stock a “market perform” rating in a research report on Monday, November 5th. Finally, Lake Street Capital raised shares of Cross Country Healthcare from a “hold” rating to a “buy” rating and increased their price objective for the stock from $10.00 to $12.00 in a research report on Friday, November 2nd. One research analyst has rated the stock with a sell rating, six have issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Cross Country Healthcare has a consensus rating of “Hold” and a consensus price target of $11.83.

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Cross Country Healthcare Company Profile

Cross Country Healthcare, Inc provides healthcare staffing, recruiting, and workforce solutions in the United States. The company operates in three segments: Nurse and Allied Staffing, Physician Staffing, and Other Human Capital Management Services. The Nurse and Allied Staffing segment offers traditional staffing, including temporary and permanent placement of travel nurses and allied professionals, branch-based local nurses, and allied staffing; short-term staffing of registered nurses, licensed practical nurses, certified nurse assistants, practitioners, pharmacists, and other allied professionals on per diem and short-term assignments; and travel allied professionals on long-term contract assignments.

Further Reading: QQQ ETF

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Institutional Ownership by Quarter for Cross Country Healthcare (NASDAQ:CCRN)

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