Bbva Compass Bancshares Inc. reduced its stake in Cross Country Healthcare, Inc. (NASDAQ:CCRN) by 18.2% during the second quarter, according to its most recent filing with the SEC. The fund owned 17,342 shares of the business services provider’s stock after selling 3,861 shares during the period. Bbva Compass Bancshares Inc.’s holdings in Cross Country Healthcare were worth $224,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the company. Wells Fargo & Company MN boosted its stake in shares of Cross Country Healthcare by 39.3% in the first quarter. Wells Fargo & Company MN now owns 2,622,171 shares of the business services provider’s stock valued at $37,655,000 after buying an additional 740,106 shares in the last quarter. Royce & Associates LP boosted its stake in shares of Cross Country Healthcare by 98.1% in the first quarter. Royce & Associates LP now owns 579,686 shares of the business services provider’s stock valued at $8,324,000 after buying an additional 287,123 shares in the last quarter. American Century Companies Inc. boosted its stake in shares of Cross Country Healthcare by 1,079.3% in the first quarter. American Century Companies Inc. now owns 215,101 shares of the business services provider’s stock valued at $3,089,000 after buying an additional 196,861 shares in the last quarter. Wellington Management Group LLP boosted its stake in shares of Cross Country Healthcare by 4.1% in the first quarter. Wellington Management Group LLP now owns 4,077,922 shares of the business services provider’s stock valued at $58,559,000 after buying an additional 159,688 shares in the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of Cross Country Healthcare by 7.7% in the first quarter. Vanguard Group Inc. now owns 1,832,958 shares of the business services provider’s stock valued at $26,321,000 after buying an additional 131,295 shares in the last quarter. Institutional investors own 90.00% of the company’s stock.

Shares of Cross Country Healthcare, Inc. (NASDAQ CCRN) opened at 12.60 on Thursday. Cross Country Healthcare, Inc. has a 12 month low of $10.54 and a 12 month high of $16.38. The company has a 50-day moving average of $12.36 and a 200 day moving average of $13.40. The company’s market cap is $449.20 million.

Cross Country Healthcare (NASDAQ:CCRN) last posted its quarterly earnings data on Wednesday, August 2nd. The business services provider reported $0.16 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.09 by $0.07. Cross Country Healthcare had a return on equity of 12.78% and a net margin of 1.06%. The firm had revenue of $209.31 million during the quarter, compared to the consensus estimate of $209.92 million. During the same period in the prior year, the company earned $0.16 EPS. The firm’s revenue was up 4.9% compared to the same quarter last year. On average, analysts anticipate that Cross Country Healthcare, Inc. will post $0.61 earnings per share for the current year.

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CCRN has been the topic of several research reports. Benchmark Co. reduced their price target on shares of Cross Country Healthcare from $19.00 to $18.00 and set a “buy” rating on the stock in a research report on Thursday, May 4th. Zacks Investment Research upgraded shares of Cross Country Healthcare from a “sell” rating to a “hold” rating in a research report on Tuesday, July 11th. BMO Capital Markets reduced their price target on shares of Cross Country Healthcare from $18.00 to $15.00 and set an “outperform” rating on the stock in a research report on Friday, May 5th. Finally, BidaskClub cut shares of Cross Country Healthcare from a “sell” rating to a “strong sell” rating in a research report on Monday, July 24th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $15.64.

About Cross Country Healthcare

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.

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

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