CANADA LIFE ASSURANCE Co Has $71,000 Stock Holdings in Cross Country Healthcare, Inc. (NASDAQ:CCRN)

CANADA LIFE ASSURANCE Co trimmed its stake in Cross Country Healthcare, Inc. (NASDAQ:CCRN - Free Report) by 91.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,891 shares of the business services provider's stock after selling 43,602 shares during the period. CANADA LIFE ASSURANCE Co's holdings in Cross Country Healthcare were worth $71,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of CCRN. Magnetar Financial LLC bought a new stake in Cross Country Healthcare during the 4th quarter worth approximately $41,421,000. Alliancebernstein L.P. grew its holdings in Cross Country Healthcare by 443.7% in the fourth quarter. Alliancebernstein L.P. now owns 1,284,940 shares of the business services provider's stock worth $23,335,000 after purchasing an additional 1,048,605 shares during the last quarter. Alpine Associates Management Inc. purchased a new stake in shares of Cross Country Healthcare during the fourth quarter valued at $10,552,000. Chicago Capital Management LLC purchased a new stake in Cross Country Healthcare in the 4th quarter worth approximately $7,300,000. Finally, Zweig DiMenna Associates LLC acquired a new position in shares of Cross Country Healthcare during the 4th quarter worth approximately $6,841,000. 96.03% of the stock is currently owned by institutional investors.

Cross Country Healthcare Trading Down 0.6 %

NASDAQ CCRN traded down $0.08 on Tuesday, reaching $13.43. The stock had a trading volume of 10,417 shares, compared to its average volume of 590,382. Cross Country Healthcare, Inc. has a 1 year low of $9.58 and a 1 year high of $18.50. The business has a 50 day moving average price of $14.87 and a 200 day moving average price of $15.39. The company has a market capitalization of $440.45 million, a price-to-earnings ratio of -268.65, a P/E/G ratio of 3.32 and a beta of 0.38.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on CCRN. JMP Securities reissued a "market perform" rating on shares of Cross Country Healthcare in a research note on Thursday, February 6th. Barrington Research restated a "market perform" rating and issued a $18.61 price objective on shares of Cross Country Healthcare in a research report on Friday, March 14th. Finally, StockNews.com started coverage on Cross Country Healthcare in a research note on Tuesday, April 29th. They set a "hold" rating for the company. Six analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $18.41.

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.