Inspire Advisors LLC Buys 12,159 Shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN)

Inspire Advisors LLC boosted its stake in Cross Country Healthcare, Inc. (NASDAQ:CCRN) by 53.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 34,752 shares of the business services provider’s stock after purchasing an additional 12,159 shares during the period. Inspire Advisors LLC owned approximately 0.11% of Cross Country Healthcare worth $631,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Truvestments Capital LLC purchased a new position in shares of Cross Country Healthcare during the 3rd quarter worth $39,000. Plato Investment Management Ltd purchased a new stake in Cross Country Healthcare in the 4th quarter worth $46,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Cross Country Healthcare in the 3rd quarter worth $49,000. Point72 DIFC Ltd bought a new stake in shares of Cross Country Healthcare in the 3rd quarter worth about $52,000. Finally, Gladius Capital Management LP increased its holdings in shares of Cross Country Healthcare by 83.4% in the 3rd quarter. Gladius Capital Management LP now owns 3,985 shares of the business services provider’s stock worth $54,000 after buying an additional 1,812 shares during the last quarter. Hedge funds and other institutional investors own 96.03% of the company’s stock.

Cross Country Healthcare Price Performance

NASDAQ:CCRN opened at $15.85 on Wednesday. Cross Country Healthcare, Inc. has a 52 week low of $9.58 and a 52 week high of $19.25. The stock has a market capitalization of $520.09 million, a price-to-earnings ratio of -316.94, a PEG ratio of 3.32 and a beta of 0.44. The firm has a 50 day moving average of $17.83 and a 200 day moving average of $15.16.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on CCRN. JMP Securities reiterated a “market perform” rating on shares of Cross Country Healthcare in a report on Thursday, February 6th. Benchmark cut shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. StockNews.com started coverage on shares of Cross Country Healthcare in a research report on Wednesday. They issued a “hold” rating for the company. Barrington Research reissued a “market perform” rating on shares of Cross Country Healthcare in a research report on Tuesday, December 10th. Finally, 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. Six investment analysts have rated the stock with a hold rating, According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $18.54.

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.