Legal & General Group Plc lessened its stake in shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN - Free Report) by 60.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 37,410 shares of the business services provider's stock after selling 56,440 shares during the period. Legal & General Group Plc owned about 0.11% of Cross Country Healthcare worth $679,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of the stock. Quadrant Capital Group LLC purchased a new stake in shares of Cross Country Healthcare in the 4th quarter valued at approximately $25,000. Plato Investment Management Ltd purchased a new stake in shares of Cross Country Healthcare in the fourth quarter valued at $46,000. Mint Tower Capital Management B.V. acquired a new stake in shares of Cross Country Healthcare in the fourth quarter worth $182,000. Virtu Financial LLC acquired a new stake in shares of Cross Country Healthcare in the third quarter worth $153,000. Finally, Envestnet Asset Management Inc. purchased a new position in shares of Cross Country Healthcare during the fourth quarter valued at $217,000. 96.03% of the stock is owned by institutional investors.
Cross Country Healthcare Trading Up 0.6 %
CCRN stock traded up $0.08 during mid-day trading on Friday, hitting $13.61. The stock had a trading volume of 167,388 shares, compared to its average volume of 594,263. The stock has a market capitalization of $446.22 million, a price-to-earnings ratio of -272.15, a PEG ratio of 3.32 and a beta of 0.25. The company has a fifty day moving average of $14.94 and a 200 day moving average of $15.37. Cross Country Healthcare, Inc. has a 1-year low of $9.58 and a 1-year high of $18.50.
Wall Street Analysts Forecast Growth
CCRN has been the subject of a number of research reports. StockNews.com started coverage on Cross Country Healthcare in a research report on Tuesday. They set a "hold" rating for the company. JMP Securities restated a "market perform" rating on shares of Cross Country Healthcare in a report on Thursday, February 6th. Finally, Barrington Research reiterated a "market perform" rating and issued a $18.61 price objective on shares of Cross Country Healthcare in a research note on Friday, March 14th. Six research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $18.41.
Get Our Latest Stock Analysis on Cross Country Healthcare
About Cross Country Healthcare
(
Free Report)
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.
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