EMC Capital Management Sells 2,245 Shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN)

EMC Capital Management lowered its position in Cross Country Healthcare, Inc. (NASDAQ:CCRN) by 21.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 8,299 shares of the business services provider’s stock after selling 2,245 shares during the period. EMC Capital Management’s holdings in Cross Country Healthcare were worth $151,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of CCRN. Truvestments Capital LLC purchased a new position in shares of Cross Country Healthcare in the third quarter valued at about $39,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in Cross Country Healthcare during the 3rd quarter valued at approximately $49,000. Point72 DIFC Ltd purchased a new position in Cross Country Healthcare in the 3rd quarter worth approximately $52,000. Gladius Capital Management LP boosted its stake in Cross Country Healthcare by 83.4% in the 3rd quarter. Gladius Capital Management LP now owns 3,985 shares of the business services provider’s stock worth $54,000 after purchasing an additional 1,812 shares during the period. Finally, US Bancorp DE grew its holdings in Cross Country Healthcare by 10,909.3% during the 3rd quarter. US Bancorp DE now owns 4,734 shares of the business services provider’s stock valued at $64,000 after buying an additional 4,691 shares in the last quarter. Hedge funds and other institutional investors own 96.03% of the company’s stock.

Cross Country Healthcare Stock Up 0.1 %

CCRN stock opened at $18.24 on Friday. Cross Country Healthcare, Inc. has a twelve month low of $9.58 and a twelve month high of $22.14. The stock has a market capitalization of $600.46 million, a price-to-earnings ratio of -364.73, a price-to-earnings-growth ratio of 3.34 and a beta of 0.46. The firm’s fifty day simple moving average is $16.79 and its two-hundred day simple moving average is $14.75.

Analysts Set New Price Targets

Several equities analysts have recently commented on CCRN shares. Truist Financial boosted their target price on shares of Cross Country Healthcare from $15.00 to $18.61 and gave the stock a “hold” rating in a report on Thursday, December 5th. Barrington Research reiterated a “market perform” rating on shares of Cross Country Healthcare in a research note on Tuesday, December 10th. StockNews.com initiated coverage on Cross Country Healthcare in a research report on Friday. They set a “hold” rating for the company. Benchmark cut Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 4th. Finally, William Blair lowered Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th. Five equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $18.54.

Cross Country Healthcare 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.