Jane Street Group LLC Has $2.44 Million Holdings in Cross Country Healthcare, Inc. (NASDAQ:CCRN)

Jane Street Group LLC grew its holdings in Cross Country Healthcare, Inc. (NASDAQ:CCRN) by 337.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 181,492 shares of the business services provider’s stock after acquiring an additional 140,013 shares during the quarter. Jane Street Group LLC owned 0.55% of Cross Country Healthcare worth $2,439,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of CCRN. Jacobs Levy Equity Management Inc. bought a new stake in Cross Country Healthcare in the 3rd quarter valued at $7,350,000. Royce & Associates LP increased its holdings in shares of Cross Country Healthcare by 51.4% during the 3rd quarter. Royce & Associates LP now owns 1,132,566 shares of the business services provider’s stock worth $15,222,000 after purchasing an additional 384,374 shares during the period. Pacer Advisors Inc. raised its position in shares of Cross Country Healthcare by 3.8% during 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 buying an additional 165,032 shares during the last quarter. Systematic Financial Management LP lifted its stake in shares of 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 buying an additional 130,746 shares during the period. Finally, American Century Companies Inc. grew its position in 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 buying an additional 106,226 shares in the last quarter. Institutional investors and hedge funds own 96.03% of the company’s stock.

Cross Country Healthcare Trading Down 0.1 %

Shares of CCRN opened at $17.91 on Monday. The stock has a market cap of $589.54 million, a PE ratio of -358.13, a PEG ratio of 3.39 and a beta of 0.61. Cross Country Healthcare, Inc. has a 1 year low of $9.58 and a 1 year high of $23.64. The stock has a 50 day simple moving average of $13.04 and a 200-day simple moving average of $13.94.

Analyst Upgrades and Downgrades

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

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.