Cross Country Healthcare, Inc. (NASDAQ:CCRN) Holdings Raised by BNP Paribas Financial Markets

BNP Paribas Financial Markets grew its stake in shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN) by 288.0% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 54,967 shares of the business services provider’s stock after acquiring an additional 40,799 shares during the period. BNP Paribas Financial Markets owned 0.17% of Cross Country Healthcare worth $739,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Truvestments Capital LLC bought a new stake in Cross Country Healthcare during the third quarter valued at about $39,000. nVerses Capital LLC bought a new stake in Cross Country Healthcare during the 2nd quarter valued at approximately $50,000. Gladius Capital Management LP grew its holdings in Cross Country Healthcare by 83.4% in the 3rd quarter. Gladius Capital Management LP now owns 3,985 shares of the business services provider’s stock valued at $54,000 after buying an additional 1,812 shares during the last quarter. US Bancorp DE increased its position in Cross Country Healthcare by 10,909.3% in the 3rd quarter. US Bancorp DE now owns 4,734 shares of the business services provider’s stock worth $64,000 after buying an additional 4,691 shares during the period. Finally, GAMMA Investing LLC lifted its holdings in shares of Cross Country Healthcare by 32.8% during the third quarter. GAMMA Investing LLC now owns 7,543 shares of the business services provider’s stock worth $101,000 after buying an additional 1,865 shares during the last quarter. 96.03% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on CCRN. Benchmark lowered shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Barrington Research reaffirmed a “market perform” rating on shares of Cross Country Healthcare in a report on Tuesday. William Blair lowered Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 4th. Finally, Truist Financial upped their target price on Cross Country Healthcare from $15.00 to $18.61 and gave the company a “hold” rating in a research note on Thursday, December 5th. Four analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $18.54.

Cross Country Healthcare Price Performance

Shares of NASDAQ CCRN opened at $18.06 on Friday. Cross Country Healthcare, Inc. has a fifty-two week low of $9.58 and a fifty-two week high of $23.64. The firm has a market capitalization of $594.48 million, a P/E ratio of -361.20, a P/E/G ratio of 3.45 and a beta of 0.61. The company’s 50 day simple moving average is $12.36 and its 200 day simple moving average is $13.82.

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.