On Assignment (ASGN) : Aristotle Capital Boston scooped up 18,824 additional shares in On Assignment during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 298,804 shares of On Assignment which is valued at $10,825,669.On Assignment makes up approximately 2.07% of Aristotle Capital Boston’s portfolio.
Other Hedge Funds, Including , Envestnet Asset Management Inc boosted its stake in ASGN in the latest quarter, The investment management firm added 2,120 additional shares and now holds a total of 19,034 shares of On Assignment which is valued at $689,602.Raymond James Associates boosted its stake in ASGN in the latest quarter, The investment management firm added 2,494 additional shares and now holds a total of 46,493 shares of On Assignment which is valued at $1,684,441. On Assignment makes up approx 0.01% of Raymond James Associates’s portfolio. Bessemer Group Inc added ASGN to its portfolio by purchasing 589 company shares during the most recent quarter which is valued at $21,339.First Mercantile Trust Co reduced its stake in ASGN by selling 130 shares or 3.46% in the most recent quarter. The Hedge Fund company now holds 3,630 shares of ASGN which is valued at $131,515. On Assignment makes up approx 0.02% of First Mercantile Trust Co’s portfolio. Quadrant Capital Group added ASGN to its portfolio by purchasing 63 company shares during the most recent quarter which is valued at $2,328.
On Assignment closed down -0.04 points or -0.11% at $37.67 with 4,16,347 shares getting traded on Thursday. Post opening the session at $37.68, the shares hit an intraday low of $37.34 and an intraday high of $38.08 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
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.
Many Wall Street Analysts have commented on On Assignment. Deutsche Bank Initiated On Assignment on Aug 18, 2016 to “Buy”, Price Target of the shares are set at $44.
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.