Vestcor Inc Acquires 59,109 Shares of Cross Country Healthcare, Inc. $CCRN

Vestcor Inc grew its stake in shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN) by 2,452.7% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 61,519 shares of the business services provider’s stock after purchasing an additional 59,109 shares during the period. Vestcor Inc’s holdings in Cross Country Healthcare were worth $874,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of CCRN. Goldman Sachs Group Inc. boosted its position in shares of Cross Country Healthcare by 56.9% during the first quarter. Goldman Sachs Group Inc. now owns 1,095,178 shares of the business services provider’s stock valued at $16,307,000 after buying an additional 397,216 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Cross Country Healthcare by 7.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 115,823 shares of the business services provider’s stock valued at $1,725,000 after buying an additional 8,490 shares during the last quarter. Envestnet Asset Management Inc. purchased a new stake in Cross Country Healthcare in the 2nd quarter valued at $201,000. Geode Capital Management LLC lifted its stake in Cross Country Healthcare by 1.3% during the 2nd quarter. Geode Capital Management LLC now owns 828,743 shares of the business services provider’s stock valued at $10,817,000 after acquiring an additional 10,332 shares in the last quarter. Finally, Creative Planning bought a new position in Cross Country Healthcare during the 2nd quarter valued at $367,000. 96.03% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

CCRN has been the subject of several recent analyst reports. Benchmark upgraded shares of Cross Country Healthcare from a “hold” rating to a “buy” rating and set a $14.00 target price for the company in a research note on Thursday, March 5th. Citizens Jmp set a $11.00 price target on shares of Cross Country Healthcare in a report on Thursday, December 4th. Citigroup reaffirmed a “market outperform” rating on shares of Cross Country Healthcare in a research report on Friday, December 19th. UBS Group decreased their price objective on shares of Cross Country Healthcare from $16.50 to $9.00 and set a “neutral” rating for the company in a research note on Tuesday, December 9th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Cross Country Healthcare in a research report on Monday, December 29th. Three analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Cross Country Healthcare currently has a consensus rating of “Hold” and an average price target of $12.03.

Cross Country Healthcare Price Performance

NASDAQ:CCRN traded down $0.22 on Friday, reaching $9.40. 63,306 shares of the company’s stock were exchanged, compared to its average volume of 578,491. The firm has a market cap of $303.81 million, a price-to-earnings ratio of -3.20, a P/E/G ratio of 7.67 and a beta of 0.42. The stock has a fifty day simple moving average of $8.83 and a 200-day simple moving average of $10.63. Cross Country Healthcare, Inc. has a 52 week low of $7.43 and a 52 week high of $15.80.

Cross Country Healthcare (NASDAQ:CCRN) last posted its quarterly earnings results on Wednesday, March 4th. The business services provider reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.09). The business had revenue of $236.76 million during the quarter, compared to the consensus estimate of $254.30 million. Cross Country Healthcare had a negative net margin of 9.00% and a positive return on equity of 0.13%. Cross Country Healthcare has set its Q1 2026 guidance at -0.060–0.040 EPS. As a group, sell-side analysts predict that Cross Country Healthcare, Inc. will post 0.53 EPS for the current year.

Cross Country Healthcare Profile

Cross Country Healthcare, Inc, headquartered in Boca Raton, Florida, is a leading provider of healthcare workforce solutions in the United States. The company specializes in the recruitment, placement and management of nursing and allied health professionals on both a travel and permanent basis. Through its integrated platform, Cross Country Healthcare serves hospitals, health systems, and long-term care facilities by matching qualified clinical talent with patient care needs across diverse care settings.

The company’s core service offerings include travel nurse and allied health staffing, per diem staffing, permanent placement services, and managed services programs.