Chicago Capital Management LLC Purchases New Holdings in Cross Country Healthcare, Inc. (NASDAQ:CCRN)

Chicago Capital Management LLC bought a new position in shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 402,000 shares of the business services provider’s stock, valued at approximately $7,300,000. Cross Country Healthcare makes up about 4.5% of Chicago Capital Management LLC’s portfolio, making the stock its 6th biggest position. Chicago Capital Management LLC owned 1.22% of Cross Country Healthcare at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in CCRN. Intech Investment Management LLC bought a new position in Cross Country Healthcare in the 3rd quarter valued at approximately $768,000. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Cross Country Healthcare during the 3rd quarter valued at $309,000. Truvestments Capital LLC acquired a new position in Cross Country Healthcare in the 3rd quarter worth about $39,000. BNP Paribas Financial Markets boosted its position in Cross Country Healthcare by 288.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 54,967 shares of the business services provider’s stock worth $739,000 after buying an additional 40,799 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Cross Country Healthcare by 14.0% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,169 shares of the business services provider’s stock valued at $137,000 after buying an additional 1,250 shares during the period. 96.03% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on CCRN. William Blair lowered Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th. JMP Securities reaffirmed a “market perform” rating on shares of Cross Country Healthcare in a research note on Thursday, February 6th. Benchmark downgraded shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th. StockNews.com started coverage on shares of Cross Country Healthcare in a research report on Thursday, March 20th. They set a “hold” rating on the stock. Finally, Truist Financial lifted their price objective on Cross Country Healthcare from $15.00 to $18.61 and gave the stock a “hold” rating in a research report on Thursday, December 5th. Six investment analysts have rated the stock with a hold rating, Based on data from MarketBeat, Cross Country Healthcare has an average rating of “Hold” and a consensus target price of $18.41.

Cross Country Healthcare Stock Down 0.3 %

NASDAQ CCRN opened at $14.96 on Wednesday. The company has a market cap of $490.88 million, a price-to-earnings ratio of -299.14, a P/E/G ratio of 3.32 and a beta of 0.44. The business has a 50 day moving average price of $17.23 and a 200-day moving average price of $15.20. Cross Country Healthcare, Inc. has a 52 week low of $9.58 and a 52 week high of $19.14.

About Cross Country Healthcare

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.