57,256 Shares in Cross Country Healthcare, Inc. (NASDAQ:CCRN) Acquired by Easterly Investment Partners LLC

Easterly Investment Partners LLC acquired a new stake in Cross Country Healthcare, Inc. (NASDAQ:CCRN) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 57,256 shares of the business services provider’s stock, valued at approximately $1,040,000.

A number of other hedge funds have also modified their holdings of the business. Truvestments Capital LLC acquired a new stake in shares of Cross Country Healthcare in the third quarter valued at approximately $39,000. Plato Investment Management Ltd purchased a new position in shares of Cross Country Healthcare in the 4th quarter worth about $46,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Cross Country Healthcare during the third quarter worth approximately $49,000. Point72 DIFC Ltd purchased a new position in Cross Country Healthcare in the third quarter valued at about $52,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Cross Country Healthcare by 14.0% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,169 shares of the business services provider’s stock worth $137,000 after acquiring an additional 1,250 shares in the last quarter. 96.03% of the stock is currently owned by hedge funds and other institutional investors.

Cross Country Healthcare Trading Up 0.7 %

CCRN opened at $15.11 on Friday. Cross Country Healthcare, Inc. has a 1-year low of $9.58 and a 1-year high of $19.14. The firm has a 50-day moving average price of $17.11 and a two-hundred day moving average price of $15.19. The stock has a market capitalization of $495.80 million, a PE ratio of -302.14, a PEG ratio of 3.32 and a beta of 0.44.

Analysts Set New Price Targets

A number of brokerages have weighed in on CCRN. StockNews.com assumed coverage on Cross Country Healthcare in a research note on Friday. They set a “hold” rating for the company. JMP Securities restated a “market perform” rating on shares of Cross Country Healthcare in a research note on Thursday, February 6th. Barrington Research restated a “market perform” rating and issued a $18.61 price objective on shares of Cross Country Healthcare in a report on Friday, March 14th. Truist Financial boosted their target price 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. Finally, William Blair downgraded Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th. Six research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $18.41.

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.