Cross Country Healthcare, Inc. (NASDAQ:CCRN) Shares Bought by Susquehanna International Group LLP

Susquehanna International Group LLP lifted its stake in Cross Country Healthcare, Inc. (NASDAQ:CCRN - Free Report) by 1,072.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 125,425 shares of the business services provider's stock after purchasing an additional 114,727 shares during the period. Susquehanna International Group LLP owned about 0.38% of Cross Country Healthcare worth $2,278,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Barclays PLC increased its holdings in Cross Country Healthcare by 117.5% in the 3rd quarter. Barclays PLC now owns 80,277 shares of the business services provider's stock worth $1,078,000 after acquiring an additional 43,372 shares in the last quarter. Amundi raised its holdings in Cross Country Healthcare by 385.4% during the fourth quarter. Amundi now owns 26,494 shares of the business services provider's stock worth $483,000 after purchasing an additional 21,036 shares in the last quarter. Yakira Capital Management Inc. acquired a new stake in Cross Country Healthcare during the 4th quarter worth approximately $1,013,000. Chicago Capital Management LLC purchased a new stake in shares of Cross Country Healthcare in the 4th quarter worth about $7,300,000. Finally, Sei Investments Co. boosted its position in shares of Cross Country Healthcare by 7.3% in the 4th quarter. Sei Investments Co. now owns 143,380 shares of the business services provider's stock worth $2,604,000 after buying an additional 9,816 shares in the last quarter. 96.03% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

CCRN has been the topic of several recent analyst reports. UBS Group cut their price target on Cross Country Healthcare from $18.61 to $16.50 and set a "neutral" rating on the stock in a research note on Tuesday. StockNews.com started coverage on Cross Country Healthcare in a research report on Wednesday, May 7th. They issued a "hold" rating on the stock. 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. Finally, JMP Securities reaffirmed a "market perform" rating on shares of Cross Country Healthcare in a research note on Thursday, February 6th. Seven analysts have rated the stock with a hold rating, According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $17.93.

Cross Country Healthcare Stock Performance

Shares of Cross Country Healthcare stock traded down $0.07 on Wednesday, hitting $13.88. The stock had a trading volume of 156,314 shares, compared to its average volume of 588,309. The stock has a 50 day moving average of $14.51 and a 200 day moving average of $15.45. Cross Country Healthcare, Inc. has a twelve month low of $9.58 and a twelve month high of $18.50. The firm has a market capitalization of $455.03 million, a P/E ratio of -277.54, a PEG ratio of 3.32 and a beta of 0.38.

Cross Country Healthcare (NASDAQ:CCRN - Get Free Report) last announced its earnings results on Wednesday, May 7th. The business services provider reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate 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 last year, the firm posted $0.19 earnings per share. The company's revenue was down 22.6% on a year-over-year basis. Equities analysts expect 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.