Cross Country Healthcare (NASDAQ:CCRN) Earns Hold Rating from Analysts at StockNews.com

StockNews.com started coverage on shares of Cross Country Healthcare (NASDAQ:CCRN) in a research report sent to investors on Thursday morning. The brokerage issued a hold rating on the business services provider’s stock.

A number of other research firms have also recently commented on CCRN. Benchmark cut shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. William Blair cut shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Barrington Research reissued a “market perform” rating and set a $18.61 price target on shares of Cross Country Healthcare in a research report on Friday, March 14th. Truist Financial raised their target price on shares of Cross Country Healthcare from $15.00 to $18.61 and gave the company a “hold” rating in a report on Thursday, December 5th. Finally, JMP Securities reaffirmed a “market perform” rating on shares of Cross Country Healthcare in a report on Thursday, February 6th. Six investment analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, Cross Country Healthcare presently has a consensus rating of “Hold” and an average price target of $18.41.

Cross Country Healthcare Trading Up 0.9 %

Shares of CCRN opened at $14.94 on Thursday. Cross Country Healthcare has a 12-month low of $9.58 and a 12-month high of $19.14. The firm has a 50-day moving average price of $17.36 and a 200 day moving average price of $15.18. The firm has a market capitalization of $490.23 million, a P/E ratio of -298.74, a P/E/G ratio of 3.32 and a beta of 0.44.

Hedge Funds Weigh In On Cross Country Healthcare

Several hedge funds have recently added to or reduced their stakes in CCRN. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Cross Country Healthcare by 4.7% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,386 shares of the business services provider’s stock worth $334,000 after acquiring an additional 817 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Cross Country Healthcare by 14.0% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,169 shares of the business services provider’s stock worth $137,000 after acquiring an additional 1,250 shares during the last quarter. Quadrant Capital Group LLC acquired a new stake in shares of Cross Country Healthcare during the fourth quarter worth $25,000. Geode Capital Management LLC lifted its holdings in shares of Cross Country Healthcare by 0.3% during the fourth quarter. Geode Capital Management LLC now owns 754,368 shares of the business services provider’s stock worth $13,702,000 after purchasing an additional 2,112 shares during the period. Finally, Plato Investment Management Ltd acquired a new stake in Cross Country Healthcare in the fourth quarter valued at $46,000. 96.03% of the stock is currently owned by hedge funds and other institutional investors.

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.