Bridgewater Associates LP Sells 15,785 Shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN)

Bridgewater Associates LP lowered its position in shares of Cross Country Healthcare, Inc. (NASDAQ:CCRNFree Report) by 53.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,931 shares of the business services provider’s stock after selling 15,785 shares during the period. Bridgewater Associates LP’s holdings in Cross Country Healthcare were worth $187,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CCRN. Royce & Associates LP boosted its stake in Cross Country Healthcare by 51.4% in the third quarter. Royce & Associates LP now owns 1,132,566 shares of the business services provider’s stock worth $15,222,000 after buying an additional 384,374 shares in the last quarter. Pacer Advisors Inc. increased its stake in 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 worth $62,984,000 after purchasing an additional 165,032 shares during the period. American Century Companies Inc. increased its stake in shares of Cross Country Healthcare by 15.9% in the second quarter. American Century Companies Inc. now owns 772,834 shares of the business services provider’s stock worth $10,696,000 after buying an additional 106,226 shares during the period. Dana Investment Advisors Inc. raised its holdings in Cross Country Healthcare by 34.7% during the 2nd quarter. Dana Investment Advisors Inc. now owns 404,370 shares of the business services provider’s stock valued at $5,596,000 after buying an additional 104,136 shares during the last quarter. Finally, AQR Capital Management LLC grew its holdings in Cross Country Healthcare by 39.9% in the 2nd quarter. AQR Capital Management LLC now owns 322,483 shares of the business services provider’s stock worth $4,463,000 after acquiring an additional 92,011 shares during the last quarter. 96.03% of the stock is currently owned by hedge funds and other institutional investors.

Cross Country Healthcare Stock Performance

Cross Country Healthcare stock opened at $11.16 on Wednesday. Cross Country Healthcare, Inc. has a fifty-two week low of $9.58 and a fifty-two week high of $23.64. The stock has a market cap of $367.39 million, a price-to-earnings ratio of -223.16, a PEG ratio of 2.20 and a beta of 0.61. The stock’s 50 day simple moving average is $11.69 and its two-hundred day simple moving average is $13.63.

Analyst Upgrades and Downgrades

CCRN has been the subject of a number of analyst reports. Truist Financial dropped their target price on shares of Cross Country Healthcare from $17.00 to $15.00 and set a “hold” rating for the company in a report on Monday, October 21st. Barrington Research cut their price objective on Cross Country Healthcare from $21.00 to $19.00 and set an “outperform” rating on the stock in a research report on Thursday, August 8th. Finally, Benchmark decreased their target price on Cross Country Healthcare from $19.00 to $18.00 and set a “buy” rating for the company in a report on Thursday, November 7th. Two analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $17.33.

Read Our Latest Analysis on Cross Country Healthcare

About Cross Country Healthcare

(Free Report)

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.

Read More

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

Receive News & Ratings for Cross Country Healthcare Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cross Country Healthcare and related companies with MarketBeat.com's FREE daily email newsletter.