US Bancorp DE Buys 4,691 Shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN)

US Bancorp DE grew its position in Cross Country Healthcare, Inc. (NASDAQ:CCRN) by 10,909.3% in the third quarter, Holdings Channel reports. The fund owned 4,734 shares of the business services provider’s stock after acquiring an additional 4,691 shares during the quarter. US Bancorp DE’s holdings in Cross Country Healthcare were worth $64,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Pacer Advisors Inc. raised its position in Cross Country Healthcare by 3.8% in the second quarter. Pacer Advisors Inc. now owns 4,550,848 shares of the business services provider’s stock valued at $62,984,000 after purchasing an additional 165,032 shares during the last quarter. Boston Partners bought a new position in Cross Country Healthcare in the 1st quarter valued at approximately $2,511,000. American Century Companies Inc. boosted its position in Cross Country Healthcare by 15.9% during the 2nd quarter. American Century Companies Inc. now owns 772,834 shares of the business services provider’s stock worth $10,696,000 after buying an additional 106,226 shares during the period. Dana Investment Advisors Inc. boosted its position in Cross Country Healthcare by 34.7% during the 2nd quarter. Dana Investment Advisors Inc. now owns 404,370 shares of the business services provider’s stock worth $5,596,000 after buying an additional 104,136 shares during the period. Finally, AQR Capital Management LLC grew its holdings in Cross Country Healthcare by 39.9% during the 2nd quarter. AQR Capital Management LLC now owns 322,483 shares of the business services provider’s stock worth $4,463,000 after acquiring an additional 92,011 shares during the last quarter. Institutional investors and hedge funds own 96.03% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on CCRN shares. Benchmark dropped their price target on shares of Cross Country Healthcare from $19.00 to $18.00 and set a “buy” rating for the company in a research note on Thursday, November 7th. Barrington Research cut their target price on Cross Country Healthcare from $21.00 to $19.00 and set an “outperform” rating on the stock in a report on Thursday, August 8th. Finally, Truist Financial decreased their price target on Cross Country Healthcare from $17.00 to $15.00 and set a “hold” rating for the company in a research note on Monday, October 21st. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, Cross Country Healthcare currently has an average rating of “Hold” and an average target price of $18.50.

Cross Country Healthcare Stock Down 2.0 %

CCRN stock opened at $9.81 on Monday. The company’s fifty day simple moving average is $12.52 and its 200 day simple moving average is $14.07. Cross Country Healthcare, Inc. has a 12-month low of $9.58 and a 12-month high of $23.64. The firm has a market cap of $322.95 million, a price-to-earnings ratio of -196.16, a PEG ratio of 1.87 and a beta of 0.65.

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.