Dynamic Technology Lab Private Ltd Buys Shares of 22,975 Cross Country Healthcare, Inc. (NASDAQ:CCRN)

Dynamic Technology Lab Private Ltd purchased a new stake in shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 22,975 shares of the business services provider’s stock, valued at approximately $309,000. Dynamic Technology Lab Private Ltd owned about 0.07% of Cross Country Healthcare at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Price T Rowe Associates Inc. MD increased its holdings in Cross Country Healthcare by 9.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 16,639 shares of the business services provider’s stock valued at $312,000 after purchasing an additional 1,450 shares during the last quarter. Comerica Bank boosted its position in shares of Cross Country Healthcare by 117.4% during the first quarter. Comerica Bank now owns 33,857 shares of the business services provider’s stock worth $634,000 after buying an additional 18,281 shares during the period. Boston Partners acquired a new stake in shares of Cross Country Healthcare in the first quarter valued at $2,511,000. GAMMA Investing LLC raised its holdings in shares of Cross Country Healthcare by 622.4% in the 2nd quarter. GAMMA Investing LLC now owns 5,678 shares of the business services provider’s stock valued at $79,000 after buying an additional 4,892 shares during the period. Finally, Wedge Capital Management L L P NC lifted its stake in Cross Country Healthcare by 11.3% during the 2nd quarter. Wedge Capital Management L L P NC now owns 85,331 shares of the business services provider’s stock worth $1,181,000 after acquiring an additional 8,678 shares in the last quarter. 96.03% of the stock is owned by hedge funds and other institutional investors.

Cross Country Healthcare Stock Performance

Shares of CCRN opened at $10.76 on Monday. Cross Country Healthcare, Inc. has a 1 year low of $9.58 and a 1 year high of $23.64. The stock has a market capitalization of $354.22 million, a PE ratio of -215.16, a PEG ratio of 2.05 and a beta of 0.65. The stock has a 50-day simple moving average of $11.79 and a 200-day simple moving average of $13.67.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on CCRN shares. Benchmark dropped their target price on Cross Country Healthcare from $19.00 to $18.00 and set a “buy” rating for the company in a research report on Thursday, November 7th. Truist Financial cut their target price on shares of Cross Country Healthcare from $17.00 to $15.00 and set a “hold” rating on the stock in a research note on Monday, October 21st. Finally, Barrington Research decreased their price target on shares of Cross Country Healthcare from $21.00 to $19.00 and set an “outperform” rating for the company in a research report on Thursday, August 8th. Two analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, Cross Country Healthcare has a consensus rating of “Moderate Buy” and an average target price of $17.33.

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.