Cross Country Ownership

CCRN Stock  USD 10.80  0.14  1.31%   
The majority of Cross Country Healthcare outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Cross Country Healthcare to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Cross Country. Please pay attention to any change in the institutional holdings of Cross Country Healthcare as this could imply that something significant has changed or is about to change at the company.
 
Shares in Circulation  
First Issued
2000-12-31
Previous Quarter
34 M
Current Value
33.1 M
Avarage Shares Outstanding
32.9 M
Quarterly Volatility
3.1 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Some institutional investors establish a significant position in stocks such as Cross Country in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Cross Country, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
At this time, Cross Country's Dividends Paid is very stable compared to the past year. As of the 29th of November 2024, Dividend Paid And Capex Coverage Ratio is likely to grow to 18.67, while Dividend Yield is likely to drop 0.0002. As of the 29th of November 2024, Net Income Applicable To Common Shares is likely to grow to about 227.6 M, while Common Stock Shares Outstanding is likely to drop about 35.2 M.
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cross Country Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Cross Stock Ownership Analysis

About 94.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.84. Some equities with similar Price to Book (P/B) outperform the market in the long run. Cross Country Healthcare has Price/Earnings To Growth (PEG) ratio of 1.89. The entity recorded a loss per share of 0.05. The firm had not issued any dividends in recent years. Cross Country Healthcare, Inc. provides talent management and other consultative services for healthcare clients in the United States. The company was founded in 1986 and is headquartered in Boca Raton, Florida. Cross Ctry operates under Medical Care Facilities classification in the United States and is traded on NASDAQ Exchange. It employs 2250 people. For more info on Cross Country Healthcare please contact John Martins at 561 998 2232 or go to https://www.crosscountry.com.
Besides selling stocks to institutional investors, Cross Country also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Cross Country's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Cross Country's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.

Cross Country Quarterly Liabilities And Stockholders Equity

597.42 Million

Cross Country Insider Trades History

About 6.0% of Cross Country Healthcare are currently held by insiders. Unlike Cross Country's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Cross Country's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Cross Country's insider trades
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid

Cross Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Cross Country is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cross Country Healthcare backward and forwards among themselves. Cross Country's institutional investor refers to the entity that pools money to purchase Cross Country's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Citadel Advisors Llc2024-09-30
740.3 K
Jacobs Levy Equity Management, Inc.2024-09-30
546.9 K
Amvescap Plc.2024-06-30
517.8 K
Deutsche Bank Ag2024-06-30
514.6 K
Bank Of America Corp2024-06-30
458.6 K
Dana Investment Advisors Inc2024-09-30
404.7 K
Charles Schwab Investment Management Inc2024-09-30
389.2 K
D. E. Shaw & Co Lp2024-09-30
388.4 K
Ubs Group Ag2024-06-30
364.9 K
Blackrock Inc2024-06-30
5.9 M
Pacer Advisors, Inc.2024-06-30
4.6 M
Note, although Cross Country's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Cross Country Healthcare Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Cross Country insiders, such as employees or executives, is commonly permitted as long as it does not rely on Cross Country's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Cross Country insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Krug Marc S. over two weeks ago
Disposition of 6000 shares by Krug Marc S. of Cross Country at 19.91 subject to Rule 16b-3
 
Allen Dwayne over three months ago
Acquisition by Allen Dwayne of 9921 shares of Cross Country subject to Rule 16b-3
 
Perlberg Mark C over three months ago
Acquisition by Perlberg Mark C of 9921 shares of Cross Country subject to Rule 16b-3
 
Krug Marc S. over three months ago
Disposition of 1137 shares by Krug Marc S. of Cross Country at 15.05 subject to Rule 16b-3
 
Nevin Janice Elizabeth over six months ago
Disposition of 2150 shares by Nevin Janice Elizabeth of Cross Country at 15.12 subject to Rule 16b-3
 
Mote Karen over six months ago
Disposition of 438 shares by Mote Karen of Cross Country at 18.72 subject to Rule 16b-3
 
Phillip Noe over six months ago
Disposition of 956 shares by Phillip Noe of Cross Country at 14.93 subject to Rule 16b-3
 
Kevin Clark over six months ago
Disposition of 14560 shares by Kevin Clark of Cross Country at 22.32 subject to Rule 16b-3
 
Mcdonald Colin Patrick over six months ago
Disposition of 441 shares by Mcdonald Colin Patrick of Cross Country at 18.72 subject to Rule 16b-3
 
William Burns over six months ago
Acquisition by William Burns of 18573 shares of Cross Country subject to Rule 16b-3
 
Karen Mote over six months ago
Disposition of 6216 shares by Karen Mote of Cross Country at 16.95 subject to Rule 16b-3
 
Krug Marc S. over six months ago
Disposition of 1138 shares by Krug Marc S. of Cross Country at 18.07 subject to Rule 16b-3

Cross Country Outstanding Bonds

Cross Country issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Cross Country Healthcare uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Cross bonds can be classified according to their maturity, which is the date when Cross Country Healthcare has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Cross Country Corporate Filings

13A
13th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
8K
6th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
5th of August 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
10Q
1st of August 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify

Pair Trading with Cross Country

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cross Country position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cross Country will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cross Stock

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Moving against Cross Stock

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The ability to find closely correlated positions to Cross Country could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cross Country when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cross Country - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cross Country Healthcare to buy it.
The correlation of Cross Country is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cross Country moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cross Country Healthcare moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cross Country can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Cross Country Healthcare offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cross Country's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cross Country Healthcare Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cross Country Healthcare Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cross Country Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cross Country. If investors know Cross will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cross Country listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.79)
Earnings Share
(0.05)
Revenue Per Share
42.699
Quarterly Revenue Growth
(0.29)
Return On Assets
0.0127
The market value of Cross Country Healthcare is measured differently than its book value, which is the value of Cross that is recorded on the company's balance sheet. Investors also form their own opinion of Cross Country's value that differs from its market value or its book value, called intrinsic value, which is Cross Country's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cross Country's market value can be influenced by many factors that don't directly affect Cross Country's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cross Country's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cross Country is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cross Country's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.