Tygh Capital Management Inc. Has $5.12 Million Holdings in ASGN Inc (ASGN)

Tygh Capital Management Inc. boosted its holdings in shares of ASGN Inc (NYSE:ASGN) by 45.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 93,932 shares of the business services provider’s stock after buying an additional 29,156 shares during the quarter. Tygh Capital Management Inc.’s holdings in ASGN were worth $5,119,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Congress Asset Management Co. MA grew its holdings in shares of ASGN by 1.9% in the 3rd quarter. Congress Asset Management Co. MA now owns 48,191 shares of the business services provider’s stock valued at $3,804,000 after buying an additional 901 shares during the period. Great West Life Assurance Co. Can grew its holdings in shares of ASGN by 3.8% in the 3rd quarter. Great West Life Assurance Co. Can now owns 65,391 shares of the business services provider’s stock valued at $5,160,000 after buying an additional 2,396 shares during the period. State of Alaska Department of Revenue grew its holdings in shares of ASGN by 8.3% in the 3rd quarter. State of Alaska Department of Revenue now owns 17,418 shares of the business services provider’s stock valued at $1,374,000 after buying an additional 1,340 shares during the period. Rhumbline Advisers grew its holdings in shares of ASGN by 1.5% in the 3rd quarter. Rhumbline Advisers now owns 142,270 shares of the business services provider’s stock valued at $11,229,000 after buying an additional 2,082 shares during the period. Finally, Dalton Greiner Hartman Maher & Co. grew its holdings in shares of ASGN by 11.8% in the 4th quarter. Dalton Greiner Hartman Maher & Co. now owns 334,252 shares of the business services provider’s stock valued at $18,217,000 after buying an additional 35,211 shares during the period. 92.61% of the stock is owned by hedge funds and other institutional investors.

NYSE ASGN traded up $0.45 on Tuesday, reaching $64.91. The company had a trading volume of 1,254 shares, compared to its average volume of 313,407. The firm has a market cap of $3.38 billion, a PE ratio of 21.30, a PEG ratio of 1.14 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 Inc has a 1-year low of $51.05 and a 1-year high of $94.25.

In other ASGN news, CEO Peter T. Dameris purchased 15,000 shares of the business’s stock in a transaction on Tuesday, November 20th. The shares were purchased at an average cost of $65.92 per share, with a total value of $988,800.00. Following the transaction, the chief executive officer now directly owns 118,580 shares of the company’s stock, valued at approximately $7,816,793.60. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider George H. Wilson purchased 3,700 shares of the business’s stock in a transaction on Wednesday, November 14th. The shares were acquired at an average cost of $66.76 per share, for a total transaction of $247,012.00. Following the completion of the transaction, the insider now directly owns 3,700 shares in the company, valued at $247,012. The disclosure for this purchase can be found here. 3.90% of the stock is currently owned by corporate insiders.

ASGN has been the subject of a number of research analyst reports. BMO Capital Markets upped their target price on shares of ASGN from $79.00 to $80.00 and gave the stock an “outperform” rating in a research note on Thursday, October 25th. Credit Suisse Group reduced their target price on shares of ASGN from $92.00 to $78.00 and set a “neutral” rating for the company in a research note on Thursday, October 25th. Robert W. Baird reduced their target price on shares of ASGN from $91.00 to $67.00 and set a “neutral” rating for the company in a research note on Thursday, October 25th. Zacks Investment Research raised shares of ASGN from a “hold” rating to a “strong-buy” rating and set a $76.00 target price for the company in a research note on Friday, October 26th. Finally, Bank of America initiated coverage on shares of ASGN in a research note on Tuesday, October 23rd. They issued a “buy” rating and a $84.00 target price for the company. One analyst has rated the stock with a sell rating, two have assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $75.43.

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About ASGN

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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