Gamco Investors INC. ET AL Makes New Investment in Cross Country Healthcare, Inc. (NASDAQ:CCRN)

Gamco Investors INC. ET AL purchased a new position in Cross Country Healthcare, Inc. (NASDAQ:CCRN) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 19,783 shares of the business services provider’s stock, valued at approximately $359,000.

Several other institutional investors and hedge funds have also made changes to their positions in CCRN. Quadrant Capital Group LLC acquired a new position in shares of Cross Country Healthcare in the 4th quarter valued at $25,000. Plato Investment Management Ltd acquired a new position in shares of Cross Country Healthcare in the fourth quarter valued at about $46,000. Virtu Financial LLC purchased a new position in shares of Cross Country Healthcare in the third quarter worth about $153,000. Mint Tower Capital Management B.V. acquired a new stake in shares of Cross Country Healthcare during the fourth quarter worth about $182,000. Finally, Guggenheim Capital LLC purchased a new stake in Cross Country Healthcare in the fourth quarter valued at approximately $201,000. 96.03% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on CCRN shares. Barrington Research restated a “market perform” rating and set a $18.61 price objective on shares of Cross Country Healthcare in a research note on Friday, March 14th. StockNews.com started coverage on shares of Cross Country Healthcare in a research report on Sunday, April 13th. They set a “hold” rating for the company. Finally, JMP Securities reaffirmed a “market perform” rating on shares of Cross Country Healthcare in a report on Thursday, February 6th. Six analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $18.41.

Cross Country Healthcare Price Performance

Shares of NASDAQ CCRN opened at $14.26 on Friday. The stock has a market capitalization of $467.91 million, a price-to-earnings ratio of -285.14, a PEG ratio of 3.32 and a beta of 0.25. The firm’s 50 day simple moving average is $15.78 and its 200-day simple moving average is $15.28. Cross Country Healthcare, Inc. has a 12 month low of $9.58 and a 12 month high of $18.50.

Cross Country Healthcare 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.