Vanguard Group Inc. Has $33.29 Million Position in Cross Country Healthcare, Inc. (NASDAQ:CCRN)

Vanguard Group Inc. lessened its position in Cross Country Healthcare, Inc. (NASDAQ:CCRN) by 24.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,832,936 shares of the business services provider’s stock after selling 607,919 shares during the quarter. Vanguard Group Inc. owned approximately 5.58% of Cross Country Healthcare worth $33,286,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of CCRN. Magnetar Financial LLC bought a new position in shares of Cross Country Healthcare during the 4th quarter worth approximately $41,421,000. Alpine Associates Management Inc. acquired a new position in shares of Cross Country Healthcare during the 4th quarter worth about $10,552,000. Zweig DiMenna Associates LLC acquired a new position in shares of Cross Country Healthcare during the 4th quarter worth about $6,841,000. ABC Arbitrage SA bought a new position in shares of Cross Country Healthcare in the 4th quarter valued at about $3,038,000. Finally, Dana Investment Advisors Inc. increased its position in shares of Cross Country Healthcare by 36.6% in the fourth quarter. Dana Investment Advisors Inc. now owns 552,875 shares of the business services provider’s stock valued at $10,040,000 after acquiring an additional 148,160 shares during the last quarter. Institutional investors own 96.03% of the company’s stock.

Cross Country Healthcare Stock Down 0.8 %

Shares of NASDAQ CCRN opened at $14.33 on Monday. The business’s 50 day moving average price is $16.17 and its two-hundred day moving average price is $15.25. The company has a market cap of $470.21 million, a PE ratio of -286.54, a price-to-earnings-growth ratio of 3.32 and a beta of 0.25. Cross Country Healthcare, Inc. has a twelve month low of $9.58 and a twelve month high of $18.50.

Analyst Ratings Changes

CCRN has been the subject of several recent research reports. JMP Securities reissued a “market perform” rating on shares of Cross Country Healthcare in a research report on Thursday, February 6th. StockNews.com started coverage on shares of Cross Country Healthcare in a report on Sunday. They set a “hold” rating on the stock. Finally, Barrington Research reaffirmed a “market perform” rating and set a $18.61 price target on shares of Cross Country Healthcare in a research report on Friday, March 14th. Six equities research analysts have rated the stock with a hold rating, According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $18.41.

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.