Amundi Raises Stock Holdings in Cross Country Healthcare, Inc. (NASDAQ:CCRN)

Amundi raised its stake in shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN) by 385.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 26,494 shares of the business services provider’s stock after buying an additional 21,036 shares during the period. Amundi owned about 0.08% of Cross Country Healthcare worth $483,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of CCRN. Jane Street Group LLC boosted its holdings in Cross Country Healthcare by 337.6% in the 3rd quarter. Jane Street Group LLC now owns 181,492 shares of the business services provider’s stock worth $2,439,000 after buying an additional 140,013 shares during the last quarter. PDT Partners LLC purchased a new stake in Cross Country Healthcare in the third quarter valued at approximately $856,000. Barclays PLC raised its position in Cross Country Healthcare by 117.5% in the third quarter. Barclays PLC now owns 80,277 shares of the business services provider’s stock valued at $1,078,000 after purchasing an additional 43,372 shares during the period. Systematic Financial Management LP raised its position in Cross Country Healthcare by 8.5% in the third quarter. Systematic Financial Management LP now owns 1,662,730 shares of the business services provider’s stock valued at $22,347,000 after purchasing an additional 130,746 shares during the period. Finally, BNP Paribas Financial Markets raised its position in Cross Country Healthcare by 288.0% in the third quarter. BNP Paribas Financial Markets now owns 54,967 shares of the business services provider’s stock valued at $739,000 after purchasing an additional 40,799 shares during the period. Hedge funds and other institutional investors own 96.03% of the company’s stock.

Cross Country Healthcare Price Performance

Shares of CCRN stock opened at $14.80 on Friday. Cross Country Healthcare, Inc. has a 12 month low of $9.58 and a 12 month high of $19.14. The firm has a market capitalization of $485.63 million, a P/E ratio of -295.94, a P/E/G ratio of 3.32 and a beta of 0.44. The company’s fifty day moving average price is $17.42 and its two-hundred day moving average price is $15.18.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on CCRN shares. StockNews.com began coverage on shares of Cross Country Healthcare in a research note on Thursday. They set a “hold” rating for the company. Benchmark lowered Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 4th. Truist Financial raised their price target on Cross Country Healthcare from $15.00 to $18.61 and gave the stock a “hold” rating in a report on Thursday, December 5th. Barrington Research restated a “market perform” rating and issued a $18.61 price objective on shares of Cross Country Healthcare in a research report on Friday, March 14th. Finally, JMP Securities reiterated a “market perform” rating on shares of Cross Country Healthcare in a research report on Thursday, February 6th. Six equities research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $18.41.

Cross Country Healthcare 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.