Victory Capital Management Inc. Sells 1,843 Shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN)

Victory Capital Management Inc. reduced its stake in Cross Country Healthcare, Inc. (NASDAQ:CCRN) by 1.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 134,232 shares of the business services provider’s stock after selling 1,843 shares during the period. Victory Capital Management Inc. owned 0.40% of Cross Country Healthcare worth $1,804,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. nVerses Capital LLC acquired a new position in Cross Country Healthcare in the 2nd quarter valued at about $50,000. US Bancorp DE boosted its holdings in shares of Cross Country Healthcare by 10,909.3% during the third quarter. US Bancorp DE now owns 4,734 shares of the business services provider’s stock worth $64,000 after acquiring an additional 4,691 shares during the period. GAMMA Investing LLC grew its position in shares of Cross Country Healthcare by 622.4% in the second quarter. GAMMA Investing LLC now owns 5,678 shares of the business services provider’s stock valued at $79,000 after purchasing an additional 4,892 shares during the last quarter. EMC Capital Management bought a new position in shares of Cross Country Healthcare during the first quarter worth approximately $155,000. Finally, SG Americas Securities LLC bought a new stake in Cross Country Healthcare in the 3rd quarter valued at $135,000. Institutional investors and hedge funds own 96.03% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on CCRN. Truist Financial dropped their target price on shares of Cross Country Healthcare from $17.00 to $15.00 and set a “hold” rating for the company in a research report on Monday, October 21st. Barrington Research cut their price objective on Cross Country Healthcare from $21.00 to $19.00 and set an “outperform” rating on the stock in a research note on Thursday, August 8th. Finally, Benchmark dropped their price objective on Cross Country Healthcare from $19.00 to $18.00 and set a “buy” rating on the stock in a research note on Thursday, November 7th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $18.50.

Cross Country Healthcare Trading Down 0.4 %

CCRN opened at $10.34 on Monday. Cross Country Healthcare, Inc. has a 1-year low of $9.58 and a 1-year high of $23.64. The company has a fifty day moving average price of $12.17 and a two-hundred day moving average price of $13.85. The company has a market cap of $340.39 million, a P/E ratio of -206.76, a price-to-earnings-growth ratio of 1.98 and a beta of 0.65.

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.