Stifel Financial Corp grew its position in ASGN Inc (NYSE:ASGN) by 17.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 185,006 shares of the business services provider’s stock after acquiring an additional 27,522 shares during the quarter. Stifel Financial Corp owned about 0.35% of ASGN worth $11,700,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of ASGN. Community Capital Management Inc. purchased a new stake in shares of ASGN during the second quarter worth approximately $1,000,000. Atria Investments LLC purchased a new stake in shares of ASGN during the second quarter worth approximately $206,000. Oregon Public Employees Retirement Fund raised its stake in shares of ASGN by 1.4% during the second quarter. Oregon Public Employees Retirement Fund now owns 21,271 shares of the business services provider’s stock worth $1,289,000 after purchasing an additional 301 shares during the last quarter. Dupont Capital Management Corp raised its stake in shares of ASGN by 41.5% during the third quarter. Dupont Capital Management Corp now owns 7,483 shares of the business services provider’s stock worth $470,000 after purchasing an additional 2,195 shares during the last quarter. Finally, FDx Advisors Inc. raised its stake in shares of ASGN by 8.2% during the second quarter. FDx Advisors Inc. now owns 4,960 shares of the business services provider’s stock worth $301,000 after purchasing an additional 378 shares during the last quarter. 91.53% of the stock is owned by institutional investors and hedge funds.

Several equities research analysts have recently commented on the company. ValuEngine cut ASGN from a “hold” rating to a “sell” rating in a research note on Friday, October 25th. Zacks Investment Research upgraded ASGN from a “hold” rating to a “buy” rating and set a $75.00 price target for the company in a research note on Wednesday, November 27th. Finally, William Blair restated an “outperform” rating on shares of ASGN in a research note on Friday, September 20th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $72.83.

ASGN stock opened at $67.07 on Tuesday. ASGN Inc has a 12 month low of $50.33 and a 12 month high of $70.55. The company has a debt-to-equity ratio of 0.79, a current ratio of 2.11 and a quick ratio of 2.11. The business has a 50 day simple moving average of $64.72 and a 200-day simple moving average of $60.92. The stock has a market capitalization of $3.52 billion, a PE ratio of 15.31, a price-to-earnings-growth ratio of 1.61 and a beta of 1.92.

ASGN (NYSE:ASGN) last released its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $1.31 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.23 by $0.08. The firm had revenue of $1 billion during the quarter, compared to analysts’ expectations of $998.20 million. ASGN had a return on equity of 19.01% and a net margin of 4.74%. ASGN’s revenue was up 10.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.30 earnings per share. As a group, equities research analysts anticipate that ASGN Inc will post 4.58 EPS for the current year.

ASGN Profile

ASGN Incorporated provides information technology (IT) and professional staffing services in the technology, digital, creative, engineering, and life sciences fields across commercial and government sectors in the United States and internationally. The company operates through Apex, Oxford, and ECS segments.

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Institutional Ownership by Quarter for ASGN (NYSE:ASGN)

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