Wolverine Asset Management LLC Acquires New Holdings in Cross Country Healthcare, Inc. (NASDAQ:CCRN)

Wolverine Asset Management LLC acquired a new stake in Cross Country Healthcare, Inc. (NASDAQ:CCRN) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 61,086 shares of the business services provider’s stock, valued at approximately $1,109,000. Wolverine Asset Management LLC owned about 0.19% of Cross Country Healthcare at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Truvestments Capital LLC bought a new position in Cross Country Healthcare in the 3rd quarter valued at approximately $39,000. Point72 Asia Singapore Pte. Ltd. bought a new position in Cross Country Healthcare in the 3rd quarter valued at approximately $49,000. Point72 DIFC Ltd bought a new position in Cross Country Healthcare in the 3rd quarter valued at approximately $52,000. Gladius Capital Management LP lifted its stake 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 valued at $54,000 after purchasing an additional 1,812 shares during the last quarter. Finally, US Bancorp DE lifted its stake in Cross Country Healthcare by 10,909.3% in the 3rd quarter. US Bancorp DE now owns 4,734 shares of the business services provider’s stock valued at $64,000 after purchasing an additional 4,691 shares during the last quarter. Institutional investors own 96.03% of the company’s stock.

Cross Country Healthcare Stock Up 0.3 %

CCRN opened at $18.10 on Friday. Cross Country Healthcare, Inc. has a twelve month low of $9.58 and a twelve month high of $19.25. The company has a fifty day moving average of $18.13 and a 200-day moving average of $14.99. The stock has a market cap of $593.97 million, a PE ratio of -361.93, a price-to-earnings-growth ratio of 3.32 and a beta of 0.44.

Analyst Upgrades and Downgrades

CCRN has been the subject of several research reports. StockNews.com initiated coverage on shares of Cross Country Healthcare in a research note on Sunday, February 16th. They issued a “hold” rating for the company. Benchmark cut shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Barrington Research restated a “market perform” rating on shares of Cross Country Healthcare in a research report on Tuesday, December 10th. 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. Finally, Truist Financial upped their price target on shares of Cross Country Healthcare from $15.00 to $18.61 and gave the company a “hold” rating in a research report on Thursday, December 5th. Six research analysts have rated the stock with a hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $18.54.

About Cross Country Healthcare

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.