Bank of New York Mellon Corp lifted its holdings in shares of On Assignment, Inc. (NYSE:ASGN) by 0.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 580,478 shares of the business services provider’s stock after acquiring an additional 3,866 shares during the period. Bank of New York Mellon Corp owned 1.12% of On Assignment worth $37,307,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also modified their holdings of ASGN. Public Employees Retirement Association of Colorado acquired a new stake in shares of On Assignment during the 4th quarter worth about $192,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of On Assignment by 38.2% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,099 shares of the business services provider’s stock worth $199,000 after acquiring an additional 857 shares in the last quarter. Everence Capital Management Inc. acquired a new stake in shares of On Assignment during the 4th quarter worth about $217,000. M&T Bank Corp acquired a new stake in shares of On Assignment during the 4th quarter worth about $218,000. Finally, Keybank National Association OH acquired a new stake in shares of On Assignment during the 4th quarter worth about $225,000. 94.03% of the stock is currently owned by institutional investors and hedge funds.
In other On Assignment news, Director Marty R. Kittrell sold 2,000 shares of On Assignment stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $76.24, for a total value of $152,480.00. Following the transaction, the director now directly owns 4,946 shares in the company, valued at approximately $377,083.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Edwin A. Sheridan sold 22,404 shares of On Assignment stock in a transaction that occurred on Monday, March 5th. The shares were sold at an average price of $77.64, for a total value of $1,739,446.56. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 121,265 shares of company stock worth $9,440,062. 5.40% of the stock is currently owned by corporate insiders.
On Assignment, Inc. (ASGN) opened at $82.49 on Tuesday. The company has a market capitalization of $4,360.00, a P/E ratio of 34.66, a price-to-earnings-growth ratio of 2.26 and a beta of 2.02. On Assignment, Inc. has a 12-month low of $44.66 and a 12-month high of $85.56. The company has a debt-to-equity ratio of 0.58, a quick ratio of 3.00 and a current ratio of 3.00.
On Assignment (NYSE:ASGN) last released its quarterly earnings results on Wednesday, February 14th. The business services provider reported $1.44 EPS for the quarter, topping the consensus estimate of $0.76 by $0.68. The company had revenue of $679.04 million for the quarter, compared to analyst estimates of $671.35 million. On Assignment had a return on equity of 15.05% and a net margin of 5.30%. The firm’s revenue was up 9.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.64 earnings per share. equities analysts expect that On Assignment, Inc. will post 3.76 EPS for the current year.
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About On Assignment
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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