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Cross Ctry Healthcare (CCRN) Market Value Declined While Engaged Capital Cut Its Holding; General Motors Co (GM) Valuation Declined While Greenwood Gearhart Cut Holding by $3.05 Million

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Greenwood Gearhart Inc decreased its stake in General Motors Co (GM) by 40.95% based on its latest 2017Q4 regulatory filing with the SEC. Greenwood Gearhart Inc sold 76,224 shares as the company’s stock declined 17.02% with the market. The institutional investor held 109,897 shares of the auto manufacturing company at the end of 2017Q4, valued at $4.51M, down from 186,121 at the end of the previous reported quarter. Greenwood Gearhart Inc who had been investing in General Motors Co for a number of months, seems to be less bullish one the $54.06 billion market cap company. The stock increased 0.85% or $0.325 during the last trading session, reaching $38.355. About 5.13M shares traded. General Motors Company (NYSE:GM) has risen 0.46% since May 17, 2017 and is uptrending. It has underperformed by 11.09% the S&P500.

Glenn W. Welling decreased its stake in Cross Ctry Healthcare Inc (CCRN) by 13.2% based on its latest 2017Q4 regulatory filing with the SEC. Engaged Capital Llc sold 74,753 shares as the company’s stock declined 14.15% with the market. The hedge fund run by Glenn W. Welling held 491,669 shares of the technology company at the end of 2017Q4, valued at $6.27M, down from 566,422 at the end of the previous reported quarter. Engaged Capital Llc who had been investing in Cross Ctry Healthcare Inc for a number of months, seems to be less bullish one the $443.35M market cap company. The stock increased 1.25% or $0.15 during the last trading session, reaching $12.18. About 78,271 shares traded. Cross Country Healthcare, Inc. (NASDAQ:CCRN) has declined 18.85% since May 17, 2017 and is downtrending. It has underperformed by 30.40% the S&P500.

Analysts await Cross Country Healthcare, Inc. (NASDAQ:CCRN) to report earnings on August, 1. They expect $0.07 EPS, down 56.25% or $0.09 from last year’s $0.16 per share. CCRN’s profit will be $2.55M for 43.50 P/E if the $0.07 EPS becomes a reality. After $0.06 actual EPS reported by Cross Country Healthcare, Inc. for the previous quarter, Wall Street now forecasts 16.67% EPS growth.

Another recent and important Cross Country Healthcare, Inc. (NASDAQ:CCRN) news was published by Nasdaq.com which published an article titled: “New Research: Key Drivers of Growth for Cross Country Healthcare, Tribune Media, WP Carey, Advanced Drainage …” on April 24, 2018.

Since March 5, 2018, it had 4 buys, and 1 sale for $138,353 activity. 10,000 shares were bought by Grubbs William J, worth $111,800 on Monday, March 5. On Thursday, May 10 the insider Burns William J. bought $29,800. Another trade for 10,000 shares valued at $115,097 was made by Ducham Frederick Dennis on Tuesday, March 6.

Engaged Capital Llc, which manages about $194.47M and $770.72 million US Long portfolio, upped its stake in Benchmark Electrs Inc (NYSE:BHE) by 181,680 shares to 951,462 shares, valued at $27.69 million in 2017Q4, according to the filing.

Among 11 analysts covering Cross Country Healthcare (NASDAQ:CCRN), 4 have Buy rating, 0 Sell and 7 Hold. Therefore 36% are positive. Cross Country Healthcare had 22 analyst reports since August 9, 2015 according to SRatingsIntel. The stock of Cross Country Healthcare, Inc. (NASDAQ:CCRN) has “Buy” rating given on Thursday, March 1 by SunTrust. As per Friday, March 2, the company rating was downgraded by Cantor Fitzgerald. The stock has “Mkt Perform” rating by Avondale on Tuesday, January 24. Benchmark downgraded Cross Country Healthcare, Inc. (NASDAQ:CCRN) on Thursday, March 1 to “Hold” rating. The stock of Cross Country Healthcare, Inc. (NASDAQ:CCRN) earned “Buy” rating by Cantor Fitzgerald on Wednesday, June 14. Benchmark initiated the shares of CCRN in report on Friday, January 20 with “Buy” rating. The stock has “Hold” rating by Lake Street on Friday, March 2. Lake Street initiated Cross Country Healthcare, Inc. (NASDAQ:CCRN) rating on Wednesday, October 7. Lake Street has “Buy” rating and $19 target. The firm has “Hold” rating given on Wednesday, August 2 by Oppenheimer. The rating was maintained by BMO Capital Markets with “Outperform” on Tuesday, March 6.

Investors sentiment decreased to 0.89 in 2017 Q4. Its down 1.13, from 2.02 in 2017Q3. It turned negative, as 20 investors sold CCRN shares while 45 reduced holdings. 18 funds opened positions while 40 raised stakes. 32.44 million shares or 2.21% less from 33.17 million shares in 2017Q3 were reported. Morgan Stanley has invested 0% in Cross Country Healthcare, Inc. (NASDAQ:CCRN). Skyline Asset Mngmt Ltd Partnership holds 1.1% or 1.07M shares in its portfolio. The Kentucky-based Teachers Retirement Of The State Of Kentucky has invested 0% in Cross Country Healthcare, Inc. (NASDAQ:CCRN). Sg Americas Securities Ltd Limited Liability Company stated it has 9,961 shares or 0% of all its holdings. Royal National Bank & Trust Of Canada holds 0% or 6,300 shares in its portfolio. Goldman Sachs Inc holds 0% in Cross Country Healthcare, Inc. (NASDAQ:CCRN) or 146,208 shares. Aqr Ltd reported 361,583 shares. Int Grp Inc owns 28,286 shares. Td Asset Mngmt holds 42,700 shares or 0% of its portfolio. Texas Permanent School Fund owns 24,660 shares for 0% of their portfolio. Blackrock accumulated 4.59 million shares. Comerica Comml Bank invested in 0% or 37,439 shares. Alliancebernstein LP stated it has 38,095 shares or 0% of all its holdings. State Of Alaska Department Of Revenue invested in 7,235 shares. Louisiana State Employees Retirement Systems stated it has 0.01% of its portfolio in Cross Country Healthcare, Inc. (NASDAQ:CCRN).

Analysts await General Motors Company (NYSE:GM) to report earnings on July, 24. They expect $1.82 earnings per share, down 3.70% or $0.07 from last year’s $1.89 per share. GM’s profit will be $2.57 billion for 5.27 P/E if the $1.82 EPS becomes a reality. After $1.43 actual earnings per share reported by General Motors Company for the previous quarter, Wall Street now forecasts 27.27% EPS growth.

Greenwood Gearhart Inc, which manages about $257.00M and $313.85M US Long portfolio, upped its stake in Fortune Brands Home & Security Inc (NYSE:FBHS) by 8,428 shares to 108,709 shares, valued at $7.44M in 2017Q4, according to the filing. It also increased its holding in Home Depot Inc (NYSE:HD) by 1,666 shares in the quarter, for a total of 38,113 shares, and has risen its stake in Fedex Corp (NYSE:FDX).

Among 29 analysts covering General Motors Company (NYSE:GM), 17 have Buy rating, 3 Sell and 9 Hold. Therefore 59% are positive. General Motors Company had 94 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of General Motors Company (NYSE:GM) earned “Neutral” rating by Deutsche Bank on Monday, September 21. The rating was maintained by RBC Capital Markets on Friday, July 22 with “Sector Perform”. RBC Capital Markets maintained the stock with “Hold” rating in Friday, July 14 report. The firm has “Overweight” rating by Morgan Stanley given on Monday, April 9. The firm earned “Hold” rating on Monday, June 12 by Jefferies. The firm has “Buy” rating by UBS given on Friday, October 2. The stock of General Motors Company (NYSE:GM) has “Underweight” rating given on Monday, August 24 by Morgan Stanley. The company was downgraded on Wednesday, January 11 by Daiwa Securities. The company was maintained on Wednesday, October 14 by Deutsche Bank. The firm earned “Buy” rating on Monday, October 16 by Piper Jaffray.

General Motors Company (NYSE:GM) Institutional Positions Chart

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