State Street Corp Acquires 6,582 Shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN)

State Street Corp boosted its position in shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN) by 0.5% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,334,353 shares of the business services provider’s stock after buying an additional 6,582 shares during the quarter. State Street Corp owned 4.05% of Cross Country Healthcare worth $17,934,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in CCRN. Jacobs Levy Equity Management Inc. purchased a new position in shares of Cross Country Healthcare during the third quarter worth approximately $7,350,000. Royce & Associates LP boosted its holdings in shares of Cross Country Healthcare by 51.4% in the 3rd quarter. Royce & Associates LP now owns 1,132,566 shares of the business services provider’s stock valued at $15,222,000 after buying an additional 384,374 shares in the last quarter. Pacer Advisors Inc. boosted its stake in Cross Country Healthcare by 3.8% in the second quarter. Pacer Advisors Inc. now owns 4,550,848 shares of the business services provider’s stock valued at $62,984,000 after acquiring an additional 165,032 shares in the last quarter. Systematic Financial Management LP grew its stake in Cross Country Healthcare by 8.5% during the 3rd quarter. Systematic Financial Management LP now owns 1,662,730 shares of the business services provider’s stock worth $22,347,000 after buying an additional 130,746 shares during the last quarter. Finally, American Century Companies Inc. grew its stake in shares of Cross Country Healthcare by 15.9% during the second quarter. American Century Companies Inc. now owns 772,834 shares of the business services provider’s stock worth $10,696,000 after acquiring an additional 106,226 shares during the last quarter. 96.03% of the stock is currently owned by institutional investors.

Cross Country Healthcare Trading Down 0.1 %

CCRN stock opened at $17.90 on Tuesday. Cross Country Healthcare, Inc. has a twelve month low of $9.58 and a twelve month high of $23.64. The stock has a market cap of $589.21 million, a P/E ratio of -357.93, a PEG ratio of 3.39 and a beta of 0.61. The company’s 50 day moving average is $13.15 and its two-hundred day moving average is $13.97.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on CCRN shares. Benchmark cut Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th. Truist Financial increased their target price on shares of Cross Country Healthcare from $15.00 to $18.61 and gave the stock a “hold” rating in a research note on Thursday, December 5th. William Blair cut shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th. StockNews.com began coverage on Cross Country Healthcare in a report on Sunday. They issued a “hold” rating on the stock. Finally, Barrington Research reaffirmed a “market perform” rating on shares of Cross Country Healthcare in a report on Tuesday, December 10th. Five investment analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $18.54.

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.