Susquehanna Fundamental Investments LLC bought a new position in shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 21,804 shares of the business services provider's stock, valued at approximately $396,000. Susquehanna Fundamental Investments LLC owned 0.07% of Cross Country Healthcare as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Magnetar Financial LLC acquired a new stake in Cross Country Healthcare during the 4th quarter worth $41,421,000. Alliancebernstein L.P. grew its holdings in Cross Country Healthcare by 443.7% during the 4th quarter. Alliancebernstein L.P. now owns 1,284,940 shares of the business services provider's stock worth $23,335,000 after acquiring an additional 1,048,605 shares in the last quarter. Alpine Associates Management Inc. acquired a new position in shares of Cross Country Healthcare in the 4th quarter valued at $10,552,000. Chicago Capital Management LLC acquired a new stake in shares of Cross Country Healthcare in the fourth quarter valued at approximately $7,300,000. Finally, Hsbc Holdings PLC raised its stake in Cross Country Healthcare by 1,023.8% during the 4th quarter. Hsbc Holdings PLC now owns 413,575 shares of the business services provider's stock valued at $7,502,000 after acquiring an additional 376,774 shares during the last quarter. Hedge funds and other institutional investors own 96.03% of the company's stock.
Wall Street Analysts Forecast Growth
Several equities analysts recently issued reports on CCRN shares. Barrington Research reaffirmed a "market perform" rating and set a $18.61 price objective on shares of Cross Country Healthcare in a report on Friday, March 14th. StockNews.com started coverage on shares of Cross Country Healthcare in a research note on Wednesday. They issued a "hold" rating on the stock. Finally, JMP Securities reaffirmed a "market perform" rating on shares of Cross Country Healthcare in a research note on Thursday, February 6th. Six research analysts have rated the stock with a hold rating, Based on data from MarketBeat, Cross Country Healthcare has an average rating of "Hold" and an average target price of $18.41.
View Our Latest Stock Report on Cross Country Healthcare
Cross Country Healthcare Stock Up 0.4 %
CCRN traded up $0.06 during trading on Wednesday, reaching $13.84. The stock had a trading volume of 295,599 shares, compared to its average volume of 590,936. Cross Country Healthcare, Inc. has a 1-year low of $9.58 and a 1-year high of $18.50. The stock has a 50 day moving average of $14.80 and a two-hundred day moving average of $15.38. The firm has a market capitalization of $453.76 million, a price-to-earnings ratio of -276.74, a price-to-earnings-growth ratio of 3.32 and a beta of 0.38.
Cross Country Healthcare (NASDAQ:CCRN - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The business services provider reported $0.06 earnings per share for the quarter, beating 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%. On average, research analysts forecast that Cross Country Healthcare, Inc. will post 0.53 EPS for the current fiscal year.
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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