49,127 Shares in Cross Country Healthcare, Inc. (NASDAQ:CCRN) Purchased by Capula Management Ltd

Capula Management Ltd purchased a new stake in Cross Country Healthcare, Inc. (NASDAQ:CCRN) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 49,127 shares of the business services provider’s stock, valued at approximately $892,000.

A number of other institutional investors and hedge funds have also made changes to their positions in CCRN. Quadrant Capital Group LLC purchased a new stake in shares of Cross Country Healthcare in the fourth quarter valued at about $25,000. Plato Investment Management Ltd purchased a new position in Cross Country Healthcare in the fourth quarter valued at about $46,000. Point72 DIFC Ltd purchased a new stake in Cross Country Healthcare during the third quarter worth $52,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of 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 buying an additional 1,250 shares during the last quarter. Finally, Virtu Financial LLC purchased a new stake in shares of Cross Country Healthcare in the third quarter valued at about $153,000. 96.03% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on CCRN shares. Barrington Research reaffirmed a “market perform” rating and set a $18.61 price objective on shares of Cross Country Healthcare in a research note on Friday, March 14th. StockNews.com started coverage on shares of Cross Country Healthcare in a research report on Saturday. They issued a “hold” rating for the company. Finally, JMP Securities reaffirmed a “market perform” rating on shares of Cross Country Healthcare in a research note on Thursday, February 6th. Six equities research analysts have rated the stock with a hold rating, According to data from MarketBeat, Cross Country Healthcare presently has a consensus rating of “Hold” and an average price target of $18.41.

Cross Country Healthcare Stock Performance

Shares of CCRN stock opened at $14.09 on Tuesday. The firm has a market capitalization of $462.34 million, a price-to-earnings ratio of -281.74, a price-to-earnings-growth ratio of 3.32 and a beta of 0.25. Cross Country Healthcare, Inc. has a one year low of $9.58 and a one year high of $18.50. The company has a 50 day moving average price of $16.62 and a 200 day moving average price of $15.24.

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.