Royce & Associates LP grew its position in Cross Country Healthcare, Inc. (NASDAQ:CCRN) by 8.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 857,675 shares of the business services provider’s stock after acquiring an additional 65,211 shares during the quarter. Royce & Associates LP owned about 2.35% of Cross Country Healthcare worth $12,205,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its stake in shares of Cross Country Healthcare by 7.1% in the third quarter. JPMorgan Chase & Co. now owns 2,000,840 shares of the business services provider’s stock valued at $28,331,000 after acquiring an additional 133,341 shares during the period. Vanguard Group Inc. grew its holdings in shares of Cross Country Healthcare by 4.7% in the second quarter. Vanguard Group Inc. now owns 1,919,676 shares of the business services provider’s stock worth $24,783,000 after purchasing an additional 86,718 shares during the last quarter. Benefit Street Partners LLC grew its holdings in shares of Cross Country Healthcare by 30.9% in the second quarter. Benefit Street Partners LLC now owns 1,544,440 shares of the business services provider’s stock worth $19,939,000 after purchasing an additional 364,229 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Cross Country Healthcare by 12.9% in the third quarter. Dimensional Fund Advisors LP now owns 1,448,727 shares of the business services provider’s stock worth $20,615,000 after purchasing an additional 165,624 shares during the last quarter. Finally, Simcoe Capital Management LLC grew its holdings in shares of Cross Country Healthcare by 120.9% in the second quarter. Simcoe Capital Management LLC now owns 1,227,590 shares of the business services provider’s stock worth $15,848,000 after purchasing an additional 671,885 shares during the last quarter. 92.13% of the stock is currently owned by institutional investors and hedge funds.

In other Cross Country Healthcare news, Director Thomas C. Dircks bought 10,000 shares of the company’s stock in a transaction on Monday, November 6th. The shares were bought at an average cost of $11.77 per share, for a total transaction of $117,700.00. Following the acquisition, the director now directly owns 104,571 shares in the company, valued at $1,230,800.67. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, General Counsel Susan E. Ball sold 25,000 shares of the stock in a transaction dated Friday, December 8th. The stock was sold at an average price of $14.19, for a total transaction of $354,750.00. Following the transaction, the general counsel now owns 126,921 shares in the company, valued at $1,801,008.99. The disclosure for this sale can be found here. 3.90% of the stock is owned by corporate insiders.

A number of research analysts have recently commented on the stock. TheStreet upgraded shares of Cross Country Healthcare from a “c+” rating to a “b” rating in a report on Wednesday, September 27th. Cantor Fitzgerald restated a “buy” rating and issued a $18.00 price target on shares of Cross Country Healthcare in a report on Wednesday, November 1st. Credit Suisse Group assumed coverage on shares of Cross Country Healthcare in a report on Tuesday, November 7th. They issued a “neutral” rating and a $13.00 price target on the stock. BMO Capital Markets cut their price target on shares of Cross Country Healthcare from $15.00 to $14.00 and set an “outperform” rating on the stock in a report on Monday, November 6th. Finally, Zacks Investment Research cut shares of Cross Country Healthcare from a “hold” rating to a “sell” rating in a report on Monday, October 9th. Two analysts have rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $15.31.

Cross Country Healthcare, Inc. (CCRN) opened at $13.09 on Wednesday. The company has a current ratio of 2.14, a quick ratio of 2.14 and a debt-to-equity ratio of 0.46. Cross Country Healthcare, Inc. has a 1-year low of $11.07 and a 1-year high of $16.38. The stock has a market cap of $517.30, a PE ratio of 22.16, a price-to-earnings-growth ratio of 1.26 and a beta of 0.73.

Cross Country Healthcare (NASDAQ:CCRN) last issued its earnings results on Wednesday, November 1st. The business services provider reported $0.23 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.18 by $0.05. Cross Country Healthcare had a net margin of 0.19% and a return on equity of 11.69%. The company had revenue of $228.50 million for the quarter, compared to analysts’ expectations of $228.97 million. During the same period in the prior year, the business earned $0.24 EPS. The firm’s quarterly revenue was up 6.3% on a year-over-year basis. equities analysts anticipate that Cross Country Healthcare, Inc. will post 0.64 earnings per share for the current year.

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Cross Country Healthcare Company Profile

Cross Country Healthcare, Inc is engaged in providing healthcare recruiting, staffing, recruiting and workforce solutions. The Company operates in three segments: Nurse and Allied Staffing, Physician Staffing and Other Human Capital Management Services. The Nurse and Allied Staffing segment provides traditional staffing, including temporary and permanent placement of travel nurses and allied professionals, and branch-based local nurses and allied staffing.

Institutional Ownership by Quarter for Cross Country Healthcare (NASDAQ:CCRN)

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