Barclays PLC Buys 43,372 Shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN)

Barclays PLC boosted its stake in shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN) by 117.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 80,277 shares of the business services provider’s stock after acquiring an additional 43,372 shares during the period. Barclays PLC owned 0.24% of Cross Country Healthcare worth $1,078,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Pacer Advisors Inc. grew its holdings in shares of Cross Country Healthcare by 3.8% during the 2nd quarter. Pacer Advisors Inc. now owns 4,550,848 shares of the business services provider’s stock worth $62,984,000 after purchasing an additional 165,032 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Cross Country Healthcare by 1.0% during the second quarter. Dimensional Fund Advisors LP now owns 2,360,016 shares of the business services provider’s stock worth $32,662,000 after buying an additional 24,363 shares in the last quarter. Systematic Financial Management LP increased its holdings in Cross Country Healthcare by 8.5% in the 3rd 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. State Street Corp increased its holdings in Cross Country Healthcare by 0.5% in the 3rd quarter. State Street Corp now owns 1,334,353 shares of the business services provider’s stock valued at $17,934,000 after buying an additional 6,582 shares during the period. Finally, Royce & Associates LP lifted 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 acquiring an additional 384,374 shares during the period. 96.03% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. William Blair downgraded shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Barrington Research reissued a “market perform” rating on shares of Cross Country Healthcare in a report on Tuesday, December 10th. Benchmark lowered Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th. Truist Financial boosted their target price on Cross Country Healthcare from $15.00 to $18.61 and gave the stock a “hold” rating in a research note on Thursday, December 5th. Finally, StockNews.com began coverage on shares of Cross Country Healthcare in a research note on Wednesday. They issued a “hold” rating on the stock. Five equities research analysts have rated the stock with a hold rating, According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $18.54.

Cross Country Healthcare Stock Down 0.2 %

NASDAQ CCRN opened at $18.16 on Wednesday. The company has a market cap of $597.77 million, a price-to-earnings ratio of -363.13, a price-to-earnings-growth ratio of 3.39 and a beta of 0.46. Cross Country Healthcare, Inc. has a twelve month low of $9.58 and a twelve month high of $23.15. The business’s fifty day moving average is $15.14 and its 200 day moving average is $14.40.

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.