152,600 Shares in Cross Country Healthcare, Inc. (NASDAQ:CCRN) Purchased by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp bought a new position in shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 152,600 shares of the business services provider's stock, valued at approximately $2,771,000. OMERS ADMINISTRATION Corp owned 0.46% of Cross Country Healthcare as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Millennium Management LLC grew its stake in shares of Cross Country Healthcare by 657.5% in the 4th quarter. Millennium Management LLC now owns 405,600 shares of the business services provider's stock worth $7,366,000 after buying an additional 352,056 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Cross Country Healthcare by 4.7% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,386 shares of the business services provider's stock worth $334,000 after acquiring an additional 817 shares in the last quarter. Moore Capital Management LP purchased a new stake in shares of Cross Country Healthcare in the fourth quarter worth $812,000. Janus Henderson Group PLC increased its holdings in shares of Cross Country Healthcare by 24.7% during the fourth quarter. Janus Henderson Group PLC now owns 133,302 shares of the business services provider's stock valued at $2,421,000 after acquiring an additional 26,432 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. increased its holdings in shares of Cross Country Healthcare by 35.1% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 524,807 shares of the business services provider's stock valued at $9,530,000 after acquiring an additional 136,374 shares in the last quarter. Institutional investors own 96.03% of the company's stock.

Cross Country Healthcare Trading Down 0.4%

NASDAQ:CCRN traded down $0.06 during midday trading on Monday, hitting $13.93. 56,744 shares of the company traded hands, compared to its average volume of 587,200. Cross Country Healthcare, Inc. has a 12-month low of $9.58 and a 12-month high of $18.50. The firm's fifty day moving average is $14.40 and its 200-day moving average is $15.53. The firm has a market capitalization of $456.67 million, a P/E ratio of -278.54, a P/E/G ratio of 3.32 and a beta of 0.38.

Cross Country Healthcare (NASDAQ:CCRN - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The business services provider reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.02. Cross Country Healthcare had a positive return on equity of 5.38% and a negative net margin of 0.12%. The business's revenue was down 22.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.19 EPS. On average, research analysts expect that Cross Country Healthcare, Inc. will post 0.53 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. JMP Securities reiterated a "market perform" rating on shares of Cross Country Healthcare in a report on Thursday, February 6th. Barrington Research reissued a "market perform" rating and set a $18.61 price objective on shares of Cross Country Healthcare in a report on Friday, March 14th. StockNews.com started coverage on shares of Cross Country Healthcare in a research report on Thursday. They set a "hold" rating on the stock. Finally, UBS Group cut their target price on shares of Cross Country Healthcare from $18.61 to $16.50 and set a "neutral" rating for the company in a research report on Tuesday, May 13th. Seven equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $17.93.

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.