Cross Country Healthcare, Inc. (NASDAQ:CCRN) Holdings Decreased by Janus Henderson Group PLC

Janus Henderson Group PLC lessened its stake in Cross Country Healthcare, Inc. (NASDAQ:CCRN) by 6.5% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 106,870 shares of the business services provider’s stock after selling 7,480 shares during the period. Janus Henderson Group PLC owned 0.32% of Cross Country Healthcare worth $1,436,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CCRN. SummerHaven Investment Management LLC increased its stake in shares of Cross Country Healthcare by 3.8% during the second quarter. SummerHaven Investment Management LLC now owns 28,376 shares of the business services provider’s stock valued at $393,000 after acquiring an additional 1,032 shares during the period. Raymond James & Associates increased its position in shares of Cross Country Healthcare by 0.7% during the 2nd quarter. Raymond James & Associates now owns 165,324 shares of the business services provider’s stock valued at $2,288,000 after purchasing an additional 1,155 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Cross Country Healthcare by 14.0% in 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 in the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in shares of Cross Country Healthcare by 9.5% in the first quarter. Price T Rowe Associates Inc. MD now owns 16,639 shares of the business services provider’s stock valued at $312,000 after buying an additional 1,450 shares during the period. Finally, Gladius Capital Management LP boosted its stake in Cross Country Healthcare by 83.4% during the third quarter. Gladius Capital Management LP now owns 3,985 shares of the business services provider’s stock valued at $54,000 after buying an additional 1,812 shares in the last quarter. 96.03% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on CCRN. Barrington Research reissued a “market perform” rating on shares of Cross Country Healthcare in a report on Tuesday. StockNews.com started coverage on shares of Cross Country Healthcare in a research note on Saturday. They set a “hold” rating for the company. William Blair lowered shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Truist Financial increased 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, Benchmark cut Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 4th. Five analysts have rated the stock with a hold rating, According to MarketBeat, Cross Country Healthcare currently has an average rating of “Hold” and an average price target of $18.54.

Cross Country Healthcare Price Performance

CCRN stock opened at $18.06 on Friday. The company’s 50 day simple moving average is $12.48 and its 200-day simple moving average is $13.84. Cross Country Healthcare, Inc. has a 52-week low of $9.58 and a 52-week high of $23.64. The firm has a market capitalization of $594.54 million, a P/E ratio of -361.13, a P/E/G ratio of 3.39 and a beta of 0.61.

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.