Voya Investment Management LLC cut its position in shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN - Free Report) by 76.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,277 shares of the business services provider's stock after selling 33,925 shares during the period. Voya Investment Management LLC's holdings in Cross Country Healthcare were worth $187,000 at the end of the most recent quarter.
Several other institutional investors also recently modified their holdings of the company. Quadrant Capital Group LLC acquired a new position in Cross Country Healthcare in the 4th quarter valued at $25,000. Geode Capital Management LLC grew its holdings in Cross Country Healthcare by 0.3% in the 4th quarter. Geode Capital Management LLC now owns 754,368 shares of the business services provider's stock valued at $13,702,000 after buying an additional 2,112 shares in the last quarter. Plato Investment Management Ltd acquired a new position in Cross Country Healthcare in the 4th quarter valued at $46,000. Wells Fargo & Company MN grew its holdings in Cross Country Healthcare by 20.7% in the 4th quarter. Wells Fargo & Company MN now owns 19,657 shares of the business services provider's stock valued at $357,000 after buying an additional 3,371 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD grew its holdings in Cross Country Healthcare by 35.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 23,719 shares of the business services provider's stock valued at $431,000 after buying an additional 6,214 shares in the last quarter. 96.03% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on the stock. UBS Group decreased their target price on shares of Cross Country Healthcare from $18.61 to $16.50 and set a "neutral" rating on the stock in a research report on Tuesday. Barrington Research restated a "market perform" rating and set a $18.61 target price on shares of Cross Country Healthcare in a research report on Friday, March 14th. StockNews.com assumed coverage on shares of Cross Country Healthcare in a research report on Wednesday, May 7th. They set a "hold" rating on the stock. Finally, JMP Securities reissued a "market perform" rating on shares of Cross Country Healthcare in a report on Thursday, February 6th. Seven research analysts have rated the stock with a hold rating, According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $17.93.
Read Our Latest Analysis on CCRN
Cross Country Healthcare Trading Up 0.2%
NASDAQ CCRN opened at $13.95 on Wednesday. The firm has a market capitalization of $457.32 million, a price-to-earnings ratio of -278.94, a P/E/G ratio of 3.32 and a beta of 0.38. The firm's 50 day simple moving average is $14.55 and its 200 day simple moving average is $15.46. Cross Country Healthcare, Inc. has a 1 year low of $9.58 and a 1 year high of $18.50.
Cross Country Healthcare (NASDAQ:CCRN - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The business services provider reported $0.06 earnings per share 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%. The firm's revenue was down 22.6% on a year-over-year basis. During the same period last year, the firm earned $0.19 EPS. On average, equities research analysts forecast that Cross Country Healthcare, Inc. will post 0.53 earnings per share for the current year.
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Cross Country Healthcare, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cross Country Healthcare wasn't on the list.
While Cross Country Healthcare currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
