American Century Companies Inc. Buys 92,114 Shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN)

American Century Companies Inc. lifted its stake in shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN) by 9.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,032,203 shares of the business services provider’s stock after purchasing an additional 92,114 shares during the quarter. American Century Companies Inc. owned 3.15% of Cross Country Healthcare worth $18,745,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Plato Investment Management Ltd acquired a new position in shares of Cross Country Healthcare during the fourth quarter worth $46,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Cross Country Healthcare during the 3rd quarter valued at $49,000. Point72 DIFC Ltd bought a new stake in Cross Country Healthcare during the 3rd quarter worth $52,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Cross Country Healthcare by 14.0% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,169 shares of the business services provider’s stock valued at $137,000 after purchasing an additional 1,250 shares during the last quarter. Finally, Virtu Financial LLC bought a new position in Cross Country Healthcare in the third quarter valued at about $153,000. 96.03% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Cross Country Healthcare Stock Down 0.7 %

CCRN stock opened at $15.00 on Monday. The firm has a market cap of $492.20 million, a price-to-earnings ratio of -299.94, a PEG ratio of 3.32 and a beta of 0.44. The company’s fifty day simple moving average is $17.04 and its 200 day simple moving average is $15.22. Cross Country Healthcare, Inc. has a 12-month low of $9.58 and a 12-month high of $19.14.

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.