376,688 Shares in Cross Country Healthcare, Inc. (NASDAQ:CCRN) Acquired by Zweig DiMenna Associates LLC

Zweig DiMenna Associates LLC acquired a new stake in Cross Country Healthcare, Inc. (NASDAQ:CCRN) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 376,688 shares of the business services provider’s stock, valued at approximately $6,841,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Jacobs Levy Equity Management Inc. purchased a new stake in Cross Country Healthcare in the 3rd quarter valued at about $7,350,000. Royce & Associates LP raised its holdings in shares of Cross Country Healthcare by 51.4% in the third quarter. Royce & Associates LP now owns 1,132,566 shares of the business services provider’s stock valued at $15,222,000 after acquiring an additional 384,374 shares in the last quarter. Jane Street Group LLC lifted its stake in Cross Country Healthcare by 337.6% in the third quarter. Jane Street Group LLC now owns 181,492 shares of the business services provider’s stock worth $2,439,000 after acquiring an additional 140,013 shares during the period. Systematic Financial Management LP grew its holdings in Cross Country Healthcare by 8.5% during the 3rd quarter. Systematic Financial Management LP now owns 1,662,730 shares of the business services provider’s stock worth $22,347,000 after acquiring an additional 130,746 shares in the last quarter. Finally, Dana Investment Advisors Inc. increased 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 valued at $5,596,000 after purchasing an additional 104,136 shares during the period. Hedge funds and other institutional investors own 96.03% of the company’s stock.

Analyst Upgrades and Downgrades

CCRN has been the subject of several research reports. Benchmark cut shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. StockNews.com assumed coverage on Cross Country Healthcare in a research report on Thursday. They set a “hold” rating on the stock. William Blair lowered Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Truist Financial raised their price objective on Cross Country Healthcare from $15.00 to $18.61 and gave the company a “hold” rating in a research report on Thursday, December 5th. Finally, Barrington Research reiterated a “market perform” rating on shares of Cross Country Healthcare in a report on Tuesday, December 10th. Five investment analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, Cross Country Healthcare currently has an average rating of “Hold” and a consensus price target of $18.54.

Cross Country Healthcare Trading Up 0.1 %

Shares of CCRN stock opened at $18.28 on Friday. Cross Country Healthcare, Inc. has a 12-month low of $9.58 and a 12-month high of $23.15. The business’s fifty day simple moving average is $15.99 and its 200-day simple moving average is $14.59. The company has a market cap of $601.61 million, a PE ratio of -365.43, a PEG ratio of 3.34 and a beta of 0.46.

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.