GAMMA Investing LLC Has $43,000 Stock Position in Cross Country Healthcare, Inc. (NASDAQ:CCRN)

GAMMA Investing LLC reduced its stake in Cross Country Healthcare, Inc. (NASDAQ:CCRN) by 68.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,369 shares of the business services provider’s stock after selling 5,174 shares during the quarter. GAMMA Investing LLC’s holdings in Cross Country Healthcare were worth $43,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Pacer Advisors Inc. lifted its stake in shares of Cross Country Healthcare by 3.8% in the second quarter. Pacer Advisors Inc. now owns 4,550,848 shares of the business services provider’s stock worth $62,984,000 after acquiring an additional 165,032 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Cross Country Healthcare by 1.0% in the second quarter. Dimensional Fund Advisors LP now owns 2,360,016 shares of the business services provider’s stock worth $32,662,000 after acquiring an additional 24,363 shares during the period. Systematic Financial Management LP lifted its stake in shares of Cross Country Healthcare by 8.5% in the third quarter. Systematic Financial Management LP now owns 1,662,730 shares of the business services provider’s stock worth $22,347,000 after acquiring an additional 130,746 shares during the period. State Street Corp lifted its stake in shares of Cross Country Healthcare by 0.5% in the third quarter. State Street Corp now owns 1,334,353 shares of the business services provider’s stock worth $17,934,000 after acquiring an additional 6,582 shares during the period. Finally, Royce & Associates LP lifted its stake in shares of 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 acquiring an additional 384,374 shares during the period. 96.03% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on CCRN shares. William Blair downgraded Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 4th. Benchmark downgraded Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 4th. StockNews.com started coverage on Cross Country Healthcare in a report on Tuesday, January 7th. 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 report on Thursday, December 5th. Finally, Barrington Research reiterated a “market perform” rating on shares of Cross Country Healthcare in a report on Tuesday, December 10th. Five equities research analysts have rated the stock with a hold rating, According to MarketBeat.com, Cross Country Healthcare presently has an average rating of “Hold” and an average target price of $18.54.

Cross Country Healthcare Stock Down 0.1 %

NASDAQ CCRN opened at $18.19 on Tuesday. The company has a market cap of $598.76 million, a price-to-earnings ratio of -363.73, a P/E/G ratio of 3.39 and a beta of 0.46. Cross Country Healthcare, Inc. has a 52 week low of $9.58 and a 52 week high of $23.15. The business has a 50 day moving average price of $15.00 and a 200-day moving average price of $14.37.

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.