Tudor Investment Corp ET AL Makes New $532,000 Investment in Cross Country Healthcare, Inc. (NASDAQ:CCRN)

Tudor Investment Corp ET AL bought a new stake in shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 29,320 shares of the business services provider's stock, valued at approximately $532,000. Tudor Investment Corp ET AL owned 0.09% of Cross Country Healthcare as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of CCRN. Barclays PLC raised its position in Cross Country Healthcare by 117.5% in the third quarter. Barclays PLC now owns 80,277 shares of the business services provider's stock worth $1,078,000 after purchasing an additional 43,372 shares in the last quarter. Zweig DiMenna Associates LLC acquired a new stake in shares of Cross Country Healthcare in the fourth quarter valued at about $6,841,000. ABC Arbitrage SA acquired a new stake in shares of Cross Country Healthcare in the fourth quarter valued at about $3,038,000. Ieq Capital LLC acquired a new position in Cross Country Healthcare during the fourth quarter worth approximately $231,000. Finally, Wolverine Asset Management LLC acquired a new position in Cross Country Healthcare during the fourth quarter worth approximately $1,109,000. 96.03% of the stock is currently owned by hedge funds and other institutional investors.

Cross Country Healthcare Trading Down 0.5%

Shares of NASDAQ:CCRN traded down $0.07 during mid-day trading on Wednesday, reaching $13.88. The company had a trading volume of 156,314 shares, compared to its average volume of 588,309. The firm has a market cap of $455.03 million, a price-to-earnings ratio of -277.54, a PEG ratio of 3.32 and a beta of 0.38. The company's 50-day moving average price is $14.51 and its 200-day moving average price is $15.45. Cross Country Healthcare, Inc. has a one year low of $9.58 and a one year high of $18.50.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on CCRN shares. StockNews.com initiated coverage on Cross Country Healthcare in a report on Wednesday, May 7th. They set a "hold" rating for the company. Barrington Research reiterated a "market perform" rating and issued a $18.61 price target on shares of Cross Country Healthcare in a research note on Friday, March 14th. JMP Securities restated a "market perform" rating on shares of Cross Country Healthcare in a research report on Thursday, February 6th. Finally, UBS Group cut their price objective on shares of Cross Country Healthcare from $18.61 to $16.50 and set a "neutral" rating on the stock in a research report on Tuesday. Seven analysts have rated the stock with a hold rating, According to data from MarketBeat.com, Cross Country Healthcare has a consensus rating of "Hold" and an average price target 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.