Cross Country Healthcare, Inc. (NASDAQ:CCRN) Shares Sold by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC lowered its stake in Cross Country Healthcare, Inc. (NASDAQ:CCRN) by 4.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 91,058 shares of the business services provider’s stock after selling 3,923 shares during the quarter. Orion Portfolio Solutions LLC owned about 0.28% of Cross Country Healthcare worth $1,224,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the stock. Truvestments Capital LLC acquired a new stake in Cross Country Healthcare during the 3rd quarter valued at approximately $39,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Cross Country Healthcare during the 3rd quarter valued at approximately $49,000. nVerses Capital LLC acquired a new stake in Cross Country Healthcare during the 2nd quarter valued at approximately $50,000. Point72 DIFC Ltd acquired a new stake in Cross Country Healthcare during the 3rd quarter valued at approximately $52,000. Finally, Gladius Capital Management LP grew its stake in Cross Country Healthcare by 83.4% during the 3rd quarter. Gladius Capital Management LP now owns 3,985 shares of the business services provider’s stock valued at $54,000 after purchasing an additional 1,812 shares in the last quarter. Institutional investors and hedge funds own 96.03% of the company’s stock.

Analysts Set New Price Targets

CCRN has been the subject of a number of recent analyst reports. William Blair lowered Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th. StockNews.com started coverage on Cross Country Healthcare in a research report on Saturday. They issued a “hold” rating for the company. Truist Financial lifted their target price on 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 Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Finally, Barrington Research reiterated a “market perform” rating on shares of Cross Country Healthcare in a research report on Tuesday, December 10th. Five equities research analysts have rated the stock with a hold rating, According to MarketBeat, Cross Country Healthcare currently has an average rating of “Hold” and a consensus price target of $18.54.

Cross Country Healthcare Stock Performance

Shares of NASDAQ CCRN opened at $18.06 on Friday. The company has a market cap of $594.48 million, a price-to-earnings ratio of -361.20, a price-to-earnings-growth ratio of 3.39 and a beta of 0.61. Cross Country Healthcare, Inc. has a 12-month low of $9.58 and a 12-month high of $23.64. The stock’s 50 day simple moving average is $12.48 and its 200 day simple moving average is $13.83.

About Cross Country Healthcare

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.