Cross Country Healthcare (NASDAQ:CCRN) Coverage Initiated at StockNews.com

StockNews.com assumed coverage on shares of Cross Country Healthcare (NASDAQ:CCRN) in a report issued on Wednesday morning. The firm issued a hold rating on the business services provider’s stock.

Other equities research analysts also recently issued research reports about 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. Benchmark downgraded Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Barrington Research reiterated a “market perform” rating on shares of Cross Country Healthcare in a report on Tuesday, December 10th. Finally, Truist Financial increased their target price on Cross Country Healthcare from $15.00 to $18.61 and gave the company a “hold” rating in a report on Thursday, December 5th. Five equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $18.54.

Cross Country Healthcare Stock Performance

NASDAQ CCRN opened at $18.12 on Wednesday. The stock’s 50-day simple moving average is $15.26 and its two-hundred day simple moving average is $14.43. Cross Country Healthcare has a twelve month low of $9.58 and a twelve month high of $23.15.

Hedge Funds Weigh In On Cross Country Healthcare

A number of institutional investors have recently added to or reduced their stakes in the company. Virtu Financial LLC bought a new position in Cross Country Healthcare in the third quarter worth $153,000. Barclays PLC raised its holdings in Cross Country Healthcare by 117.5% in the third quarter. Barclays PLC now owns 80,277 shares of the business services provider’s stock worth $1,078,000 after purchasing an additional 43,372 shares in the last quarter. Public Employees Retirement System of Ohio raised its holdings in Cross Country Healthcare by 5,077.6% in the third quarter. Public Employees Retirement System of Ohio now owns 58,144 shares of the business services provider’s stock worth $781,000 after purchasing an additional 57,021 shares in the last quarter. XTX Topco Ltd bought a new position in Cross Country Healthcare in the third quarter worth $312,000. Finally, Jane Street Group LLC raised its holdings in Cross Country Healthcare by 337.6% in the third quarter. Jane Street Group LLC now owns 181,492 shares of the business services provider’s stock worth $2,439,000 after purchasing an additional 140,013 shares in the last quarter. Institutional investors own 96.03% of the company’s stock.

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.