Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in ASGN Inc (NYSE:ASGN) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,393 shares of the business services provider’s stock, valued at approximately $268,000.

Several other hedge funds and other institutional investors also recently modified their holdings of ASGN. Tower Research Capital LLC TRC bought a new position in ASGN in the second quarter valued at about $122,000. Victory Capital Management Inc. bought a new position in ASGN in the second quarter valued at about $132,000. Mount Yale Investment Advisors LLC bought a new position in ASGN in the second quarter valued at about $146,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new position in ASGN in the second quarter valued at about $158,000. Finally, Trexquant Investment LP bought a new position in ASGN in the second quarter valued at about $201,000. Institutional investors own 91.81% of the company’s stock.

In other news, insider George H. Wilson purchased 3,700 shares of the business’s stock in a transaction dated Wednesday, November 14th. The shares were purchased at an average cost of $66.76 per share, with a total value of $247,012.00. Following the completion of the purchase, the insider now owns 3,700 shares of the company’s stock, valued at approximately $247,012. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Brian J. Callaghan purchased 15,000 shares of the business’s stock in a transaction dated Monday, November 5th. The shares were purchased at an average cost of $68.03 per share, for a total transaction of $1,020,450.00. Following the completion of the purchase, the director now directly owns 408 shares of the company’s stock, valued at approximately $27,756.24. The disclosure for this purchase can be found here. Insiders have bought 54,950 shares of company stock worth $3,645,425 over the last three months. Insiders own 3.90% of the company’s stock.

A number of research analysts have issued reports on ASGN shares. Zacks Investment Research upgraded ASGN from a “hold” rating to a “buy” rating and set a $101.00 target price on the stock in a research report on Wednesday, August 15th. Bank of America started coverage on ASGN in a research report on Tuesday, October 23rd. They issued a “buy” rating and a $84.00 target price on the stock. ValuEngine cut ASGN from a “buy” rating to a “hold” rating in a research report on Saturday, October 6th. Credit Suisse Group started coverage on ASGN in a research report on Friday, August 10th. They issued a “neutral” rating and a $92.00 target price on the stock. Finally, Robert W. Baird decreased their target price on ASGN from $91.00 to $67.00 and set a “neutral” rating on the stock in a research report on Thursday, October 25th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. ASGN has an average rating of “Buy” and a consensus price target of $80.00.

Shares of ASGN stock opened at $61.64 on Friday. ASGN Inc has a 12 month low of $58.84 and a 12 month high of $94.25. The stock has a market cap of $3.36 billion, a PE ratio of 20.21, a PEG ratio of 1.23 and a beta of 2.02. The company has a current ratio of 2.22, a quick ratio of 2.22 and a debt-to-equity ratio of 1.02.

ASGN (NYSE:ASGN) last announced its quarterly earnings results on Wednesday, October 24th. The business services provider reported $1.30 EPS for the quarter, beating the Zacks’ consensus estimate of $1.10 by $0.20. ASGN had a return on equity of 20.29% and a net margin of 5.69%. The firm had revenue of $906.40 million for the quarter, compared to analyst estimates of $892.87 million. During the same period last year, the firm posted $0.83 earnings per share. The business’s revenue for the quarter was up 35.9% on a year-over-year basis. Equities analysts predict that ASGN Inc will post 4.39 EPS for the current year.

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ASGN Company Profile

ASGN Incorporated provides IT and professional services in the technology, creative/digital, engineering, and life sciences fields across commercial and government sectors in the United State and internationally. The company operates through Apex, Oxford, and ECS segments. The Apex segment offers technical, scientific, digital, and creative services and solutions to Fortune 1000 and mid-market clients.

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Institutional Ownership by Quarter for ASGN (NYSE:ASGN)

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