State of Wyoming Acquires 24,227 Shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN)

State of Wyoming raised its holdings in Cross Country Healthcare, Inc. (NASDAQ:CCRN - Free Report) by 90.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 51,019 shares of the business services provider's stock after acquiring an additional 24,227 shares during the period. State of Wyoming owned about 0.16% of Cross Country Healthcare worth $927,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Magnetar Financial LLC acquired a new position in Cross Country Healthcare during the 4th quarter worth approximately $41,421,000. Alliancebernstein L.P. boosted its holdings in Cross Country Healthcare by 443.7% during 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. Royce & Associates LP grew its position in Cross Country Healthcare by 3.4% in the fourth quarter. Royce & Associates LP now owns 1,170,945 shares of the business services provider's stock valued at $21,264,000 after purchasing an additional 38,379 shares in the last quarter. American Century Companies Inc. increased its stake in Cross Country Healthcare by 9.8% in the 4th quarter. American Century Companies Inc. now owns 1,032,203 shares of the business services provider's stock valued at $18,745,000 after buying an additional 92,114 shares during the last quarter. Finally, Geode Capital Management LLC increased its stake in Cross Country Healthcare by 0.3% in the 4th quarter. Geode Capital Management LLC now owns 754,368 shares of the business services provider's stock valued at $13,702,000 after buying an additional 2,112 shares during the last quarter. 96.03% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently commented on CCRN shares. Barrington Research reissued a "market perform" rating and set a $18.61 price target on shares of Cross Country Healthcare in a research report on Friday, March 14th. UBS Group decreased 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 note on Tuesday, May 13th. JMP Securities restated a "market perform" rating on shares of Cross Country Healthcare in a report on Thursday, February 6th. Finally, Wall Street Zen assumed coverage on shares of Cross Country Healthcare in a research note on Thursday, May 15th. They issued a "hold" rating for the company. Seven research analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $17.93.

Cross Country Healthcare Stock Up 0.3%

Shares of Cross Country Healthcare stock traded up $0.04 during trading on Friday, reaching $13.56. The company's stock had a trading volume of 36,192 shares, compared to its average volume of 392,558. The business's 50-day moving average price is $14.25 and its 200-day moving average price is $15.54. Cross Country Healthcare, Inc. has a 52 week low of $9.58 and a 52 week high of $18.50. The firm has a market cap of $444.37 million, a PE ratio of -271.05, a P/E/G ratio of 3.32 and a beta of 0.38.

Cross Country Healthcare (NASDAQ:CCRN - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The business services provider reported $0.06 EPS for the quarter, topping analysts' consensus estimates 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 quarterly revenue was down 22.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.19 EPS. Equities analysts predict that Cross Country Healthcare, Inc. will post 0.53 earnings per share for the current year.

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.