Globeflex Capital L P Has $1.50 Million Position in Cross Country Healthcare, Inc. (NASDAQ:CCRN)

Globeflex Capital L P lowered its stake in shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN) by 22.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 82,686 shares of the business services provider’s stock after selling 24,447 shares during the period. Globeflex Capital L P’s holdings in Cross Country Healthcare were worth $1,502,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Plato Investment Management Ltd acquired a new stake in shares of Cross Country Healthcare in the fourth quarter worth about $46,000. Truvestments Capital LLC acquired a new stake in Cross Country Healthcare in the 3rd quarter worth approximately $39,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Cross Country Healthcare in the 3rd quarter worth approximately $49,000. Point72 DIFC Ltd acquired a new stake in Cross Country Healthcare in the 3rd quarter worth approximately $52,000. Finally, Gladius Capital Management LP lifted its holdings in 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 purchasing an additional 1,812 shares during the last quarter. Institutional investors and hedge funds own 96.03% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Truist Financial boosted 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. Barrington Research restated a “market perform” rating and issued a $18.61 target price on shares of Cross Country Healthcare in a report on Friday. StockNews.com initiated coverage on Cross Country Healthcare in a report on Wednesday. They issued a “hold” rating for the company. William Blair downgraded Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Finally, JMP Securities reaffirmed a “market perform” rating on shares of Cross Country Healthcare in a research report on Thursday, February 6th. Six equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $18.41.

Cross Country Healthcare Stock Down 1.1 %

Shares of NASDAQ CCRN opened at $15.58 on Friday. The business’s 50 day moving average is $17.68 and its two-hundred day moving average is $15.18. The company has a market cap of $511.23 million, a P/E ratio of -311.54, a P/E/G ratio of 3.32 and a beta of 0.44. Cross Country Healthcare, Inc. has a 12 month low of $9.58 and a 12 month high of $19.25.

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.