Teachers Retirement System of The State of Kentucky Has $233,000 Position in Cross Country Healthcare, Inc. (NASDAQ:CCRN)

Teachers Retirement System of The State of Kentucky maintained its stake in Cross Country Healthcare, Inc. (NASDAQ:CCRN) during the first quarter, Holdings Channel reports. The firm owned 16,200 shares of the business services provider’s stock at the end of the first quarter. Teachers Retirement System of The State of Kentucky’s holdings in Cross Country Healthcare were worth $233,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Bbva Compass Bancshares Inc. increased its stake in Cross Country Healthcare by 0.4% in the first quarter. Bbva Compass Bancshares Inc. now owns 21,203 shares of the business services provider’s stock worth $304,000 after buying an additional 82 shares during the last quarter. Louisiana State Employees Retirement System increased its stake in Cross Country Healthcare by 0.8% in the first quarter. Louisiana State Employees Retirement System now owns 13,400 shares of the business services provider’s stock worth $192,000 after buying an additional 100 shares during the last quarter. Arizona State Retirement System increased its stake in Cross Country Healthcare by 1.2% in the first quarter. Arizona State Retirement System now owns 17,154 shares of the business services provider’s stock worth $246,000 after buying an additional 200 shares during the last quarter. KBC Group NV increased its stake in Cross Country Healthcare by 0.5% in the first quarter. KBC Group NV now owns 59,999 shares of the business services provider’s stock worth $862,000 after buying an additional 302 shares during the last quarter. Finally, ClariVest Asset Management LLC increased its stake in Cross Country Healthcare by 1.0% in the first quarter. ClariVest Asset Management LLC now owns 39,800 shares of the business services provider’s stock worth $572,000 after buying an additional 400 shares during the last quarter. Institutional investors and hedge funds own 90.00% of the company’s stock.

Shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN) traded up 1.20% during mid-day trading on Friday, reaching $12.68. The company had a trading volume of 39,054 shares. The stock has a market capitalization of $462.74 million, a P/E ratio of 46.79 and a beta of 0.83. The company’s 50-day moving average is $12.38 and its 200 day moving average is $13.40. Cross Country Healthcare, Inc. has a 52-week low of $10.54 and a 52-week high of $16.38.

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

COPYRIGHT VIOLATION WARNING: “Teachers Retirement System of The State of Kentucky Has $233,000 Position in Cross Country Healthcare, Inc. (NASDAQ:CCRN)” was first reported by Community Financial News and is owned by of Community Financial News. If you are accessing this story on another site, it was illegally copied and reposted in violation of United States & international copyright and trademark laws. The original version of this story can be accessed at https://www.com-unik.info/2017/08/11/teachers-retirement-system-of-the-state-of-kentucky-has-233000-position-in-cross-country-healthcare-inc-nasdaqccrn.html.

A number of research firms have recently commented on CCRN. Zacks Investment Research upgraded Cross Country Healthcare from a “hold” rating to a “buy” rating and set a $13.00 price objective for the company in a report on Monday. UBS AG restated a “buy” rating and set a $15.00 price objective (down from $16.50) on shares of Cross Country Healthcare in a report on Wednesday, June 14th. BMO Capital Markets dropped their price objective on Cross Country Healthcare from $18.00 to $15.00 and set an “outperform” rating for the company in a report on Friday, May 5th. Benchmark Co. restated a “buy” rating and set a $17.00 price objective (down from $18.00) on shares of Cross Country Healthcare in a report on Wednesday. Finally, BidaskClub downgraded Cross Country Healthcare from a “sell” rating to a “strong sell” rating in a report on Monday, July 24th. One analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $15.64.

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.

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

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