On Assignment (ASGN) : Hood River Capital Management scooped up 512,773 additional shares in On Assignment during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 3, 2016. The investment management firm now holds a total of 853,207 shares of On Assignment which is valued at $30,416,830.On Assignment makes up approximately 4.21% of Hood River Capital Management’s portfolio.
Other Hedge Funds, Including , Mcclain Value Management added ASGN to its portfolio by purchasing 53,823 company shares during the most recent quarter which is valued at $1,918,790. On Assignment makes up approx 1.56% of Mcclain Value Management’s portfolio. Nisa Investment Advisors L.l.c. added ASGN to its portfolio by purchasing 700 company shares during the most recent quarter which is valued at $25,242.Texas Permanent School Fund reduced its stake in ASGN by selling 1,143 shares or 2.9% in the most recent quarter. The Hedge Fund company now holds 38,227 shares of ASGN which is valued at $1,378,466. On Assignment makes up approx 0.02% of Texas Permanent School Fund’s portfolio. Strs Ohio sold out all of its stake in ASGN during the most recent quarter. The investment firm sold 4,400 shares of ASGN which is valued $161,304.
On Assignment opened for trading at $36.38 and hit $37.39 on the upside on Tuesday, eventually ending the session at $37.36, with a gain of 3.55% or 1.28 points. The heightened volatility saw the trading volume jump to 2,86,361 shares. Company has a market cap of $1,994 M.
On the company’s financial health, On Assignment reported $0.66 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Apr 27, 2016. Analyst had a consensus of $0.60. The company had revenue of $582.00 million for the quarter, compared to analysts expectations of $552.74 million. The company’s revenue was up 35.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.41 EPS.
On Assignment Inc. is a global provider of professionals in the information technology (IT) engineering and life sciences sectors. The Company matches people into positions for contract contract-to-hire and direct hire assignments. Its operating segments include Apex Oxford and Life Sciences Europe. The Apex Segment provides information technology and scientific staffing professionals for contract contract-to-hire and permanent placement positions. The Oxford Segment provides contract and direct placement services of information technology and engineering professionals in specialized information technology software and hardware engineering and mechanical electrical validation and telecommunications engineering fields. The Life Sciences Europe Segment provides locally-based contract life science professionals to clients in the biotechnology pharmaceutical food and beverage medical device personal care chemical automotive educational and environmental industries.