Thrivent Financial For Lutherans cut its stake in On Assignment, Inc. (NYSE:ASGN) by 15.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 151,909 shares of the business services provider’s stock after selling 26,999 shares during the period. Thrivent Financial For Lutherans owned approximately 0.29% of On Assignment worth $9,763,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds also recently bought and sold shares of the company. Public Employees Retirement Association of Colorado purchased a new position in On Assignment in the fourth quarter worth approximately $192,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in On Assignment by 38.2% in the fourth 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 during the period. Everence Capital Management Inc. purchased a new position in On Assignment in the fourth quarter worth approximately $217,000. M&T Bank Corp purchased a new position in On Assignment in the fourth quarter worth approximately $218,000. Finally, Keybank National Association OH purchased a new position in On Assignment in the fourth quarter worth approximately $225,000. Institutional investors and hedge funds own 94.03% of the company’s stock.
In other news, Director Edwin A. Sheridan sold 22,404 shares of the firm’s stock in a transaction on Monday, March 5th. The stock was sold at an average price of $77.64, for a total transaction of $1,739,446.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Marty R. Kittrell sold 2,000 shares of the firm’s stock in a transaction 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 owns 4,946 shares of the company’s stock, valued at $377,083.04. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 121,265 shares of company stock valued at $9,440,062. Company insiders own 5.40% of the company’s stock.
On Assignment, Inc. (NYSE ASGN) opened at $83.42 on Wednesday. On Assignment, Inc. has a 52-week low of $44.66 and a 52-week high of $85.56. The company has a market capitalization of $4,303.99, a price-to-earnings ratio of 26.87, a PEG ratio of 2.19 and a beta of 2.03. 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. On Assignment had a return on equity of 17.42% and a net margin of 6.00%. The business had revenue of $679.04 million during the quarter, compared to analyst estimates of $671.35 million. During the same period last year, the business posted $0.64 earnings per share. The company’s quarterly revenue was up 9.4% on a year-over-year basis. equities research analysts predict that On Assignment, Inc. will post 3.76 EPS for the current year.
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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