Eagle Boston Investment Management Inc. Buys 40,923 Shares of Cross Country Healthcare, Inc. (CCRN)

Eagle Boston Investment Management Inc. boosted its holdings in Cross Country Healthcare, Inc. (NASDAQ:CCRN) by 6.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 701,118 shares of the business services provider’s stock after buying an additional 40,923 shares during the quarter. Eagle Boston Investment Management Inc. owned 1.92% of Cross Country Healthcare worth $8,946,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Schwab Charles Investment Management Inc. increased its holdings in Cross Country Healthcare by 20.7% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 75,215 shares of the business services provider’s stock worth $972,000 after acquiring an additional 12,900 shares in the last quarter. Alliancebernstein L.P. increased its holdings in Cross Country Healthcare by 8.7% in the 2nd quarter. Alliancebernstein L.P. now owns 40,095 shares of the business services provider’s stock worth $518,000 after acquiring an additional 3,200 shares in the last quarter. Teachers Advisors LLC increased its holdings in Cross Country Healthcare by 16.9% in the 2nd quarter. Teachers Advisors LLC now owns 161,013 shares of the business services provider’s stock worth $2,079,000 after acquiring an additional 23,235 shares in the last quarter. TIAA CREF Investment Management LLC boosted its stake in Cross Country Healthcare by 0.3% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 212,793 shares of the business services provider’s stock worth $2,747,000 after purchasing an additional 614 shares during the period. Finally, New York State Common Retirement Fund boosted its stake in Cross Country Healthcare by 17.5% in the 2nd quarter. New York State Common Retirement Fund now owns 36,200 shares of the business services provider’s stock worth $467,000 after purchasing an additional 5,399 shares during the period. 90.97% of the stock is owned by institutional investors and hedge funds.

Shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN) traded down $0.38 during mid-day trading on Friday, reaching $12.81. The company had a trading volume of 241,600 shares, compared to its average volume of 167,723. Cross Country Healthcare, Inc. has a 12 month low of $11.07 and a 12 month high of $16.14. The company has a market capitalization of $481.18, a P/E ratio of 20.61, a P/E/G ratio of 1.74 and a beta of 0.68. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.14 and a current ratio of 2.14.

In other Cross Country Healthcare news, General Counsel Susan E. Ball sold 25,000 shares of the firm’s stock in a transaction dated Friday, December 8th. The stock was sold at an average price of $14.19, for a total value of $354,750.00. Following the completion of the sale, the general counsel now owns 126,921 shares of the company’s stock, valued at $1,801,008.99. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 3.90% of the stock is owned by company insiders.

A number of research analysts have recently commented on CCRN shares. BidaskClub upgraded Cross Country Healthcare from a “sell” rating to a “hold” rating in a research report on Saturday, December 30th. Jefferies Group started coverage on Cross Country Healthcare in a research report on Thursday, February 1st. They issued a “hold” rating and a $15.00 price target for the company. TheStreet lowered Cross Country Healthcare from a “b-” rating to a “c+” rating in a research note on Friday, November 3rd. Zacks Investment Research lowered Cross Country Healthcare from a “hold” rating to a “sell” rating in a research note on Wednesday, January 3rd. Finally, Cantor Fitzgerald reiterated a “buy” rating and issued a $18.00 target price on shares of Cross Country Healthcare in a research note on Wednesday, November 1st. One analyst has rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $15.00.

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Cross Country Healthcare 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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