Cross Country Healthcare, Inc. (NASDAQ:CCRN) Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. decreased its stake in shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN) by 60.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 32,259 shares of the business services provider’s stock after selling 49,732 shares during the period. JPMorgan Chase & Co. owned 0.10% of Cross Country Healthcare worth $434,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Cross Country Healthcare by 14.0% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,169 shares of the business services provider’s stock worth $137,000 after buying an additional 1,250 shares during the last quarter. Gladius Capital Management LP increased its stake in Cross Country Healthcare by 83.4% during the third quarter. Gladius Capital Management LP now owns 3,985 shares of the business services provider’s stock worth $54,000 after acquiring an additional 1,812 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of Cross Country Healthcare by 32.8% in the 3rd quarter. GAMMA Investing LLC now owns 7,543 shares of the business services provider’s stock valued at $101,000 after purchasing an additional 1,865 shares in the last quarter. Truvestments Capital LLC acquired a new position in shares of Cross Country Healthcare in the 3rd quarter valued at about $39,000. Finally, Public Sector Pension Investment Board grew its holdings in shares of Cross Country Healthcare by 4.9% during the 2nd quarter. Public Sector Pension Investment Board now owns 71,927 shares of the business services provider’s stock worth $995,000 after purchasing an additional 3,356 shares during the period. Hedge funds and other institutional investors own 96.03% of the company’s stock.

Cross Country Healthcare Stock Performance

Shares of CCRN opened at $18.22 on Wednesday. Cross Country Healthcare, Inc. has a one year low of $9.58 and a one year high of $22.26. The stock has a 50-day moving average price of $16.63 and a 200 day moving average price of $14.73. The company has a market capitalization of $599.80 million, a P/E ratio of -364.33, a P/E/G ratio of 3.34 and a beta of 0.46.

Wall Street Analysts Forecast Growth

CCRN has been the topic of several research reports. William Blair lowered shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 4th. Barrington Research reaffirmed a “market perform” rating on shares of Cross Country Healthcare in a research report on Tuesday, December 10th. Truist Financial raised their target price on Cross Country Healthcare from $15.00 to $18.61 and gave the company a “hold” rating in a report on Thursday, December 5th. Benchmark downgraded shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Finally, StockNews.com started coverage on shares of Cross Country Healthcare in a research report on Thursday, January 23rd. They set a “hold” rating on the stock. Five research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target 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.