Brokerages Set Cross Country Healthcare, Inc. (NASDAQ:CCRN) PT at $18.54

Cross Country Healthcare, Inc. (NASDAQ:CCRN) has received a consensus rating of “Hold” from the four ratings firms that are currently covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $18.54.

CCRN has been the topic of a number of recent research reports. Truist Financial boosted 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. Benchmark lowered shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. StockNews.com initiated coverage on shares of Cross Country Healthcare in a research report on Wednesday. They set a “hold” rating on the stock. Barrington Research restated a “market perform” rating on shares of Cross Country Healthcare in a research report on Tuesday, December 10th. Finally, William Blair lowered shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 4th.

Institutional Investors Weigh In On Cross Country Healthcare

A number of large investors have recently modified their holdings of CCRN. Jacobs Levy Equity Management Inc. acquired a new position in shares of Cross Country Healthcare in the 3rd quarter valued at $7,350,000. Royce & Associates LP boosted 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 valued at $15,222,000 after buying an additional 384,374 shares in the last quarter. Pacer Advisors Inc. boosted its holdings in shares of Cross Country Healthcare by 3.8% in the 2nd quarter. Pacer Advisors Inc. now owns 4,550,848 shares of the business services provider’s stock valued at $62,984,000 after buying an additional 165,032 shares in the last quarter. Jane Street Group LLC boosted its holdings in shares of Cross Country Healthcare by 337.6% in the 3rd quarter. Jane Street Group LLC now owns 181,492 shares of the business services provider’s stock valued at $2,439,000 after buying an additional 140,013 shares in the last quarter. Finally, Systematic Financial Management LP boosted its holdings in shares of Cross Country Healthcare by 8.5% in the 3rd quarter. Systematic Financial Management LP now owns 1,662,730 shares of the business services provider’s stock valued at $22,347,000 after buying an additional 130,746 shares in the last quarter. 96.03% of the stock is owned by hedge funds and other institutional investors.

Cross Country Healthcare Trading Up 0.3 %

CCRN opened at $18.18 on Friday. The firm has a market capitalization of $598.49 million, a PE ratio of -363.53, a PEG ratio of 3.35 and a beta of 0.46. Cross Country Healthcare has a twelve month low of $9.58 and a twelve month high of $23.15. The firm’s 50-day moving average price is $15.53 and its 200 day moving average price is $14.49.

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.