Cross Country Healthcare Inc Has Bullish Trade, Wellington Management Group Llp Bought Stake!

August 10, 2018 - By Palma Niemeyer

Investors sentiment increased to 1.48 in 2018 Q1. Its up 0.59, from 0.89 in 2017Q4. It increased, as 16 investors sold Cross Country Healthcare, Inc. shares while 26 reduced holdings. 16 funds opened positions while 46 raised stakes. 32.76 million shares or 0.99% more from 32.44 million shares in 2017Q4 were reported.

Acadian Asset Mngmt Ltd Liability Corp owns 0.01% invested in Cross Country Healthcare, Inc. (NASDAQ:CCRN) for 180,087 shares. Sei Invests Communication accumulated 287,982 shares or 0.01% of the stock. Credit Suisse Ag reported 0% of its portfolio in Cross Country Healthcare, Inc. (NASDAQ:CCRN). Voya Invest Limited Liability invested in 46,661 shares or 0% of the stock. Stone Ridge Asset Mngmt Ltd Llc invested 0.04% of its portfolio in Cross Country Healthcare, Inc. (NASDAQ:CCRN). California Pub Employees Retirement accumulated 39,700 shares. Deutsche State Bank Ag owns 375,809 shares for 0% of their portfolio. Financial Bank Of Montreal Can accumulated 14,625 shares. Td Asset has 46,547 shares for 0% of their portfolio. Inv Mgmt Of Virginia Ltd Liability Corp has invested 0.53% of its portfolio in Cross Country Healthcare, Inc. (NASDAQ:CCRN). Globeflex Cap Limited Partnership invested in 28,500 shares. Bnp Paribas Arbitrage Sa, New York-based fund reported 11,506 shares. Commercial Bank Of Mellon reported 442,351 shares. Swiss National Bank owns 62,700 shares. Guggenheim Cap Ltd Limited Liability Company reported 57,824 shares.

Since March 5, 2018, it had 4 buys, and 1 sale for $138,353 activity. Grubbs William J had bought 10,000 shares worth $111,800. 2,500 shares were bought by Burns William J., worth $29,800. $115,097 worth of Cross Country Healthcare, Inc. (NASDAQ:CCRN) shares were sold by Ducham Frederick Dennis.

The New Wellington Management Group Llp Holding in Cross Country Healthcare Inc

Wellington Management Group Llp reported SC 13G/A form with the SEC for Cross Country Healthcare Inc. Access it here: 000090221918000488. As reported by Wellington Management Group Llp, the filler owns 5.68% or 2,068,715 shares of the Health Care–company.

Cross Country Healthcare Inc stake is new for [reportingPerson]. Date of activity: July 31, 2018. This shows Wellington Management Group Llp’s positive view for Cross Country Healthcare Inc. For a institutional investor managing $826.00 billion in assets and having 1540+ experts this is interesting position.

Cross Country Healthcare Inc Institutional Sentiment

Filings show 125 investors own Cross Country Healthcare Inc. The ownership in Q3 2017 is high, at Infinity of the outstanding shares. This is increased by 1634428. 33167913 were owned by these investors. 24 funds opened new Cross Country Healthcare Inc stakes, 59 increased positions. There were 8 that closed positions and 33 reduced them.

Aristotle Capital Boston Llc is an investor bullish on Cross Country Healthcare Inc, owning 762200 shares as of Q3 2017 for 0.97% of its portfolio. Skyline Asset Management Lp owns 1317689 shares or 1.49% of its portfolio. CA Engaged Capital Llc have 0.99% of its portfolio for 566422 shares. Further, Hawk Ridge Management Llc reported stake worth 2.32% of its portfolio. The PA Alphaone Investment Services Llc owns 454788 shares. Cross Country Healthcare Inc is 1.72% of its portfolio.

SEC Form 13G.

Wellington Management Group Llp website.

Analysts await Cross Country Healthcare, Inc. (NASDAQ:CCRN) to report earnings on November, 7. They expect $0.04 EPS, down 82.61 % or $0.19 from last year’s $0.23 per share. CCRN’s profit will be $1.45M for 58.06 P/E if the $0.04 EPS becomes a reality. After $0.05 actual EPS reported by Cross Country Healthcare, Inc. for the previous quarter, Wall Street now forecasts -20.00 % negative EPS growth.

The stock decreased 0.64% or $0.06 during the last trading session, reaching $9.29. About 47,078 shares traded. Cross Country Healthcare, Inc. (NASDAQ:CCRN) has risen 7.47% since August 10, 2017 and is uptrending. It has underperformed by 5.10% the S&P500.

Cross Country Healthcare, Inc. provides healthcare staffing, recruiting, and workforce solutions in the United States. The company has market cap of $337.18 million. The firm operates through three divisions: Nurse and Allied Staffing, Physician Staffing, and Other Human Capital Management Services. It has a 8.83 P/E ratio. The Nurse and Allied Staffing segment offers traditional staffing, including temporary and permanent placement of travel nurses and allied professionals, and branch local nurses and allied staffing; and short-term staffing of registered nurses, licensed practical nurses, certified nurse assistants, practitioners, pharmacists, and other allied professionals on per diem and short-term assignments.

Cross Country Healthcare, Inc. (NASDAQ:CCRN) Ratings Coverage

Among 7 analysts covering Cross Country Healthcare (NASDAQ:CCRN), 2 have Buy rating, 0 Sell and 5 Hold. Therefore 29% are positive. Cross Country Healthcare has $15 highest and $9 lowest target. $13.17’s average target is 41.77% above currents $9.29 stock price. Cross Country Healthcare had 9 analyst reports since March 1, 2018 according to SRatingsIntel. The stock of Cross Country Healthcare, Inc. (NASDAQ:CCRN) has “Neutral” rating given on Thursday, August 2 by Credit Suisse. The stock of Cross Country Healthcare, Inc. (NASDAQ:CCRN) earned “Neutral” rating by Cantor Fitzgerald on Friday, March 2. Cantor Fitzgerald maintained it with “Neutral” rating and $10 target in Monday, August 6 report. The rating was downgraded by Lake Street to “Hold” on Friday, March 2. The stock has “Market Perform” rating by BMO Capital Markets on Thursday, August 2. The stock has “Outperform” rating by BMO Capital Markets on Tuesday, March 6. The rating was maintained by SunTrust with “Buy” on Thursday, March 1. Benchmark downgraded the stock to “Hold” rating in Thursday, March 1 report.

More important recent Cross Country Healthcare, Inc. (NASDAQ:CCRN) news were published by: Nasdaq.com which released: “Mid-Day Market Update: Cross Country Healthcare Drops After Downbeat Q2 Results; InnSuites Hospitality Trust …” on August 02, 2018, also Seekingalpha.com published article titled: “Cross Country Healthcare, Inc. (CCRN) CEO Bill Grubbs on Q2 2018 Results – Earnings Call Transcript”, Nasdaq.com published: “Mid-Afternoon Market Update: Crude Oil Up Over 2%; Boingo Wireless Shares Spike Higher” on August 02, 2018. More interesting news about Cross Country Healthcare, Inc. (NASDAQ:CCRN) was released by: Globenewswire.com and their article: “New Research: Key Drivers of Growth for Spire, CONMED, Natural Grocers by Vitamin Cottage, Immersion, Cross …” with publication date: August 07, 2018.

Cross Country Healthcare, Inc. (NASDAQ:CCRN) Institutional Positions Chart

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