Winslow Evans & Crocker Inc. cut its position in On Assignment, Inc. (NASDAQ:ASGN) by 5.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,590 shares of the company’s stock after selling 200 shares during the period. Winslow Evans & Crocker Inc.’s holdings in On Assignment were worth $194,000 as of its most recent filing with the SEC.
Several other institutional investors have also made changes to their positions in the company. Two Sigma Investments LP acquired a new position in shares of On Assignment during the fourth quarter worth $410,000. Norges Bank bought a new stake in On Assignment during the fourth quarter valued at about $19,353,000. Geneva Advisors LLC increased its stake in On Assignment by 6.5% in the first quarter. Geneva Advisors LLC now owns 29,803 shares of the company’s stock valued at $1,446,000 after buying an additional 1,826 shares in the last quarter. Great West Life Assurance Co. Can increased its stake in On Assignment by 5.7% in the first quarter. Great West Life Assurance Co. Can now owns 68,321 shares of the company’s stock valued at $3,315,000 after buying an additional 3,699 shares in the last quarter. Finally, Tyers Asset Management LLC increased its stake in On Assignment by 13.0% in the first quarter. Tyers Asset Management LLC now owns 2,436 shares of the company’s stock valued at $118,000 after buying an additional 280 shares in the last quarter.
Shares of On Assignment, Inc. (NASDAQ ASGN) traded down 0.32% during mid-day trading on Friday, reaching $46.68. 325,242 shares of the company’s stock traded hands. On Assignment, Inc. has a 12-month low of $32.05 and a 12-month high of $55.53. The stock has a 50-day moving average price of $52.05 and a 200 day moving average price of $49.89. The firm has a market capitalization of $2.46 billion and a price-to-earnings ratio of 22.92.
On Assignment (NASDAQ:ASGN) last announced its quarterly earnings data on Wednesday, July 26th. The company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.06. The company had revenue of $653.31 million for the quarter, compared to analysts’ expectations of $655.96 million. On Assignment had a net margin of 5.09% and a return on equity of 14.70%. On Assignment’s revenue was up 7.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.68 EPS. Analysts anticipate that On Assignment, Inc. will post $2.86 EPS for the current fiscal year.
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ASGN has been the topic of several research analyst reports. Deutsche Bank AG reaffirmed a “buy” rating and issued a $57.00 price target (up previously from $51.00) on shares of On Assignment in a report on Friday, April 28th. Zacks Investment Research raised shares of On Assignment from a “hold” rating to a “buy” rating and set a $61.00 price target on the stock in a report on Tuesday, June 13th. Royal Bank Of Canada reissued an “outperform” rating and issued a $55.00 target price (up previously from $52.00) on shares of On Assignment in a research note on Thursday, April 27th. Finally, BMO Capital Markets increased their target price on On Assignment from $54.00 to $60.00 and gave the company an “outperform” rating in a research note on Friday, July 14th. One investment analyst has rated the stock with a sell rating and four have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $56.20.
In other news, Director Edwin A. Sheridan sold 65,328 shares of the company’s stock in a transaction on Monday, May 22nd. The shares were sold at an average price of $52.13, for a total transaction of $3,405,548.64. Following the transaction, the director now directly owns 1,230,203 shares of the company’s stock, valued at approximately $64,130,482.39. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Peter T. Dameris sold 24,500 shares of the business’s stock in a transaction dated Wednesday, May 31st. The stock was sold at an average price of $52.31, for a total transaction of $1,281,595.00. Following the completion of the sale, the chief executive officer now owns 216,480 shares in the company, valued at $11,324,068.80. The disclosure for this sale can be found here. Insiders sold a total of 167,078 shares of company stock worth $8,835,179 over the last three months.
On Assignment Company Profile
On Assignment, Inc is a global provider of in-demand, skilled professionals in the technology, life sciences and creative sectors. The Company matches resumes with job descriptions to match people they know into positions they understand for temporary, contract-to-hire, and direct hire assignments. It operates through two segments.
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