Sagefield Capital LP acquired a new position in shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 72,000 shares of the business services provider's stock, valued at approximately $1,308,000. Sagefield Capital LP owned approximately 0.22% of Cross Country Healthcare as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also made changes to their positions in the business. ProShare Advisors LLC acquired a new position in shares of Cross Country Healthcare during the 4th quarter worth about $441,000. OMERS ADMINISTRATION Corp acquired a new stake in shares of Cross Country Healthcare in the 4th quarter valued at about $2,771,000. Millennium Management LLC boosted its position in shares of Cross Country Healthcare by 657.5% in the 4th quarter. Millennium Management LLC now owns 405,600 shares of the business services provider's stock valued at $7,366,000 after purchasing an additional 352,056 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Cross Country Healthcare by 4.7% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,386 shares of the business services provider's stock valued at $334,000 after purchasing an additional 817 shares during the period. Finally, Moore Capital Management LP acquired a new stake in shares of Cross Country Healthcare in the 4th quarter valued at about $812,000. 96.03% of the stock is owned by institutional investors and hedge funds.
Cross Country Healthcare Trading Up 0.3%
Cross Country Healthcare stock opened at $13.99 on Friday. Cross Country Healthcare, Inc. has a twelve month low of $9.58 and a twelve month high of $18.50. The stock has a 50 day moving average of $14.40 and a two-hundred day moving average of $15.47. The stock has a market capitalization of $458.63 million, a price-to-earnings ratio of -279.74, a PEG 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 earnings per share 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%. During the same quarter in the previous year, the business posted $0.19 earnings per share. The firm's revenue was down 22.6% compared to the same quarter last year. Equities analysts predict that Cross Country Healthcare, Inc. will post 0.53 earnings per share for the current year.
Analyst Ratings Changes
A number of brokerages recently issued reports on CCRN. JMP Securities reissued a "market perform" rating on shares of Cross Country Healthcare in a research report on Thursday, February 6th. UBS Group decreased their target price on Cross Country Healthcare from $18.61 to $16.50 and set a "neutral" rating for the company in a research report on Tuesday. StockNews.com began coverage on Cross Country Healthcare in a research report on Thursday. They issued a "hold" rating for the company. Finally, Barrington Research reissued a "market perform" rating and issued a $18.61 target price on shares of Cross Country Healthcare in a research report on Friday, March 14th. Seven equities research analysts have rated the stock with a hold rating, According to MarketBeat, the company has an average rating of "Hold" and an average target price of $17.93.
Read Our Latest Stock Analysis on Cross Country Healthcare
Cross Country Healthcare Profile
(
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.
Further Reading
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