On Assignment (ASGN) Shareholder Ami Asset Management Corp Has Decreased Its Stake by $4.16 Million as Share Price Rose

April 17, 2018 - By Peter Erickson

ASGN Incorporated (NYSE:ASGN) LogoInvestors sentiment increased to 1.17 in Q4 2017. Its up 0.12, from 1.05 in 2017Q3. It improved, as 14 investors sold ASGN shares while 80 reduced holdings. 51 funds opened positions while 59 raised stakes. 46.95 million shares or 2.50% more from 45.80 million shares in 2017Q3 were reported. Opus Cap Group Inc Limited reported 55,257 shares stake. Strs Ohio holds 0% or 4,800 shares. 63,335 are owned by Great West Life Assurance Com Can. Chatham Group Inc holds 0.61% or 34,770 shares. 81,506 are held by Sei. Suntrust Banks Inc owns 3,824 shares or 0% of their US portfolio. Bogle Inv Limited Partnership De reported 0.05% stake. Royal Bank & Trust Of Canada holds 0% of its portfolio in ASGN Incorporated (NYSE:ASGN) for 29,373 shares. California Employees Retirement System has 103,475 shares for 0.01% of their portfolio. Comerica Bankshares holds 0.03% or 71,476 shares in its portfolio. Dalton Greiner Hartman Maher & holds 0.95% or 283,392 shares. Origin Asset Mngmt Llp, a United Kingdom-based fund reported 6,538 shares. Citadel Advsrs Llc holds 0.03% or 707,657 shares. Moreover, Nicholas Inv Prns Lp has 0.29% invested in ASGN Incorporated (NYSE:ASGN) for 68,632 shares. British Columbia – Canada-based Pacad Invest Limited has invested 0.02% in ASGN Incorporated (NYSE:ASGN).

Since October 18, 2017, it had 0 insider purchases, and 9 selling transactions for $22.17 million activity. $2.67M worth of stock was sold by Veatch Jeffrey E. on Friday, October 27. Sheridan Edwin A. sold 22,404 shares worth $1.74M. $152,472 worth of stock was sold by KITTRELL MARTY R on Tuesday, February 20. Callaghan Brian J. also sold $1.20 million worth of ASGN Incorporated (NYSE:ASGN) shares.

Ami Asset Management Corp decreased its stake in On Assignment (ASGN) by 22.04% based on its latest 2017Q4 regulatory filing with the SEC. Ami Asset Management Corp sold 65,043 shares as the company’s stock rose 25.49% while stock markets declined. The hedge fund held 230,104 shares of the technology company at the end of 2017Q4, valued at $14.79M, down from 295,147 at the end of the previous reported quarter. Ami Asset Management Corp who had been investing in On Assignment for a number of months, seems to be less bullish one the $4.43 billion market cap company. The stock increased 0.40% or $0.34 during the last trading session, reaching $84.86. About 25,149 shares traded. ASGN Incorporated (NYSE:ASGN) has risen 73.23% since April 17, 2017 and is uptrending. It has outperformed by 61.68% the S&P500.

Ami Asset Management Corp, which manages about $1.42B and $1.45B US Long portfolio, upped its stake in Petiq by 151,443 shares to 341,445 shares, valued at $7.46M in 2017Q4, according to the filing.

Analysts await ASGN Incorporated (NYSE:ASGN) to report earnings on April, 25. They expect $0.76 earnings per share, up 24.59 % or $0.15 from last year’s $0.61 per share. ASGN’s profit will be $39.66 million for 27.91 P/E if the $0.76 EPS becomes a reality. After $0.85 actual earnings per share reported by ASGN Incorporated for the previous quarter, Wall Street now forecasts -10.59 % negative EPS growth.

ASGN Incorporated (NYSE:ASGN) Ratings Coverage

Among 6 analysts covering On Assignment (NYSE:ASGN), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. On Assignment has $9400 highest and $60 lowest target. $86.17’s average target is 1.54% above currents $84.86 stock price. On Assignment had 16 analyst reports since October 26, 2017 according to SRatingsIntel. The stock of ASGN Incorporated (NYSE:ASGN) earned “Buy” rating by Deutsche Bank on Thursday, October 26. The firm earned “Buy” rating on Monday, January 8 by RBC Capital Markets. The rating was maintained by SunTrust with “Buy” on Friday, April 6. The stock of ASGN Incorporated (NYSE:ASGN) earned “Hold” rating by Robert W. Baird on Wednesday, January 31. The rating was maintained by RBC Capital Markets with “Buy” on Wednesday, January 31. BMO Capital Markets maintained ASGN Incorporated (NYSE:ASGN) rating on Friday, November 10. BMO Capital Markets has “Outperform” rating and $66 target. The company was maintained on Monday, April 2 by Wells Fargo. BMO Capital Markets maintained the stock with “Outperform” rating in Thursday, October 26 report. The company was maintained on Wednesday, January 31 by SunTrust. The firm earned “Buy” rating on Thursday, February 15 by Deutsche Bank.

ASGN Incorporated (NYSE:ASGN) Institutional Positions Chart

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