Rice Hall James & Associates LLC boosted its position in On Assignment, Inc. (NASDAQ:ASGN) by 0.2% during the second quarter, Holdings Channel reports. The firm owned 551,382 shares of the company’s stock after buying an additional 873 shares during the period. On Assignment comprises about 1.3% of Rice Hall James & Associates LLC’s holdings, making the stock its 10th largest position. Rice Hall James & Associates LLC’s holdings in On Assignment were worth $29,857,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Louisiana State Employees Retirement System increased its stake in shares of On Assignment by 0.5% in the second quarter. Louisiana State Employees Retirement System now owns 19,800 shares of the company’s stock worth $1,072,000 after buying an additional 100 shares during the period. Arizona State Retirement System increased its stake in shares of On Assignment by 0.4% in the second quarter. Arizona State Retirement System now owns 25,326 shares of the company’s stock worth $1,371,000 after buying an additional 100 shares during the period. Bbva Compass Bancshares Inc. increased its stake in shares of On Assignment by 0.9% in the first quarter. Bbva Compass Bancshares Inc. now owns 24,869 shares of the company’s stock worth $1,207,000 after buying an additional 211 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of On Assignment by 1.5% in the first quarter. Envestnet Asset Management Inc. now owns 18,398 shares of the company’s stock worth $893,000 after buying an additional 264 shares during the period. Finally, Tyers Asset Management LLC increased its stake in shares of On Assignment by 13.0% in the first quarter. Tyers Asset Management LLC now owns 2,436 shares of the company’s stock worth $118,000 after buying an additional 280 shares during the period.

Shares of On Assignment, Inc. (NASDAQ ASGN) opened at 46.83 on Friday. The company has a 50-day moving average of $52.26 and a 200-day moving average of $49.88. On Assignment, Inc. has a 12-month low of $32.05 and a 12-month high of $55.53. The stock has a market capitalization of $2.47 billion and a P/E ratio of 22.99.

On Assignment (NASDAQ:ASGN) last released its quarterly earnings data on Wednesday, July 26th. The company reported $0.78 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.06. On Assignment had a return on equity of 14.70% and a net margin of 5.09%. The firm had revenue of $653.31 million for the quarter, compared to the consensus estimate of $655.96 million. During the same quarter in the prior year, the company posted $0.68 earnings per share. The firm’s revenue was up 7.4% on a year-over-year basis. Equities analysts expect that On Assignment, Inc. will post $2.86 earnings per share for the current fiscal year.

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A number of brokerages have recently commented on ASGN. BMO Capital Markets lifted their price target on shares of On Assignment from $54.00 to $60.00 and gave the stock an “outperform” rating in a report on Friday, July 14th. Zacks Investment Research downgraded shares of On Assignment from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Royal Bank Of Canada restated an “outperform” rating and issued a $55.00 target price (up from $52.00) on shares of On Assignment in a report on Thursday, April 27th. Finally, Deutsche Bank AG restated a “buy” rating and issued a $57.00 target price (up from $51.00) on shares of On Assignment in a report on Friday, April 28th. One analyst has rated the stock with a sell rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $56.20.

In related news, insider Theodore S. Hanson sold 15,000 shares of the stock in a transaction that occurred on Monday, May 22nd. The stock was sold at an average price of $52.21, for a total value of $783,150.00. Following the transaction, the insider now owns 269,964 shares in the company, valued at $14,094,820.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Jeremy M. Jones sold 20,000 shares of the stock in a transaction that occurred on Thursday, June 15th. The stock was sold at an average price of $54.46, for a total value of $1,089,200.00. The disclosure for this sale can be found here. Insiders sold 167,078 shares of company stock worth $8,835,179 in the last 90 days.

About On Assignment

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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Institutional Ownership by Quarter for On Assignment (NASDAQ:ASGN)

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