Falcon Point Capital buys $13,942,797 stake in On Assignment (ASGN)

On Assignment (ASGN) : Falcon Point Capital scooped up 1,066 additional shares in On Assignment during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 360,279 shares of On Assignment which is valued at $13,942,797.On Assignment makes up approximately 2.34% of Falcon Point Capital’s portfolio.

Other Hedge Funds, Including , Strs Ohio boosted its stake in ASGN in the latest quarter, The investment management firm added 600 additional shares and now holds a total of 2,700 shares of On Assignment which is valued at $104,490.Ls Investment Advisors boosted its stake in ASGN in the latest quarter, The investment management firm added 111 additional shares and now holds a total of 1,805 shares of On Assignment which is valued at $71,785.Eagle Boston Investment Management Inc boosted its stake in ASGN in the latest quarter, The investment management firm added 11,191 additional shares and now holds a total of 422,583 shares of On Assignment which is valued at $16,337,059. On Assignment makes up approx 2.13% of Eagle Boston Investment Management Inc’s portfolio.Capstone Asset Management Co boosted its stake in ASGN in the latest quarter, The investment management firm added 1,980 additional shares and now holds a total of 19,010 shares of On Assignment which is valued at $723,140. On Assignment makes up approx 0.02% of Capstone Asset Management Co’s portfolio.

On Assignment opened for trading at $36.42 and hit $37.11 on the upside on Friday, eventually ending the session at $36.95, with a gain of 0.96% or 0.35 points. The heightened volatility saw the trading volume jump to 6,26,891 shares. Company has a market cap of $1,972 M.

On the company’s financial health, On Assignment reported $0.80 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $0.78. The company had revenue of $608.10 million for the quarter, compared to analysts expectations of $600.36 million. The company’s revenue was up 25.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.61 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.

Leave a Reply

On Assignment - Is it time to Sell?

Top Brokerage Firms are advising their investors on On Assignment. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.