Russell Investments Group Ltd. Has $2.09 Million Stock Position in Cross Country Healthcare, Inc. (NASDAQ:CCRN)

Russell Investments Group Ltd. reduced its stake in shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN - Free Report) by 48.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 114,843 shares of the business services provider's stock after selling 106,994 shares during the quarter. Russell Investments Group Ltd. owned 0.35% of Cross Country Healthcare worth $2,086,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CCRN. Magnetar Financial LLC acquired a new stake in shares of Cross Country Healthcare during the 4th quarter worth about $41,421,000. State Street Corp grew its stake in Cross Country Healthcare by 0.5% during the third quarter. State Street Corp now owns 1,334,353 shares of the business services provider's stock worth $17,934,000 after buying an additional 6,582 shares during the last quarter. Alliancebernstein L.P. increased its holdings in shares of 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 buying an additional 1,048,605 shares in the last quarter. Royce & Associates LP raised its stake in shares of 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 acquiring an additional 38,379 shares during the last quarter. Finally, American Century Companies Inc. boosted its holdings in shares of 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 worth $18,745,000 after acquiring an additional 92,114 shares in the last quarter. 96.03% of the stock is owned by institutional investors.

Cross Country Healthcare Stock Down 1.1 %

CCRN stock traded down $0.15 during midday trading on Thursday, reaching $13.85. The stock had a trading volume of 21,177 shares, compared to its average volume of 429,026. The firm has a market cap of $454.46 million, a price-to-earnings ratio of -276.94, a PEG ratio of 3.32 and a beta of 0.25. Cross Country Healthcare, Inc. has a twelve month low of $9.58 and a twelve month high of $18.50. The business has a fifty day simple moving average of $15.53 and a two-hundred day simple moving average of $15.29.

Wall Street Analysts Forecast Growth

CCRN has been the subject of several research analyst reports. JMP Securities reiterated a "market perform" rating on shares of Cross Country Healthcare in a research report on Thursday, February 6th. StockNews.com started coverage on Cross Country Healthcare in a report on Monday. They issued a "hold" rating for the company. Finally, 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. Six research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target 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.