SG Americas Securities LLC cut its position in shares of ASGN Incorporated (NYSE:ASGN – Get Rating) by 48.6% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,377 shares of the business services provider's stock after selling 8,857 shares during the quarter. SG Americas Securities LLC's holdings in ASGN were worth $847,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. EverSource Wealth Advisors LLC bought a new stake in shares of ASGN during the second quarter valued at approximately $59,000. Eagle Bay Advisors LLC boosted its position in shares of ASGN by 55.0% during the second quarter. Eagle Bay Advisors LLC now owns 922 shares of the business services provider's stock valued at $83,000 after purchasing an additional 327 shares in the last quarter. Harbor Investment Advisory LLC boosted its position in shares of ASGN by 13.5% during the second quarter. Harbor Investment Advisory LLC now owns 926 shares of the business services provider's stock valued at $84,000 after purchasing an additional 110 shares in the last quarter. Finally, Captrust Financial Advisors boosted its position in shares of ASGN by 7.8% during the second quarter. Captrust Financial Advisors now owns 1,833 shares of the business services provider's stock valued at $165,000 after purchasing an additional 132 shares in the last quarter. 95.20% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. Robert W. Baird dropped their target price on ASGN to $108.00 in a report on Tuesday, November 1st. William Blair restated an "outperform" rating on shares of ASGN in a research note on Friday, November 25th. BMO Capital Markets decreased their target price on shares of ASGN from $98.00 to $95.00 and set a "market perform" rating for the company in a report on Thursday, October 27th. Finally, StockNews.com cut shares of ASGN from a "buy" rating to a "hold" rating in a report on Thursday, October 20th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $100.80.

ASGN Trading Down 0.4 %

ASGN (NYSE:ASGN – Get Rating) last issued its quarterly earnings data on Wednesday, October 26th. The business services provider reported $1.79 earnings per share for the quarter, meeting analysts' consensus estimates of $1.79. The company had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.19 billion. ASGN had a net margin of 6.63% and a return on equity of 18.34%. The firm's revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.58 earnings per share. On average, equities research analysts forecast that ASGN Incorporated will post 6.56 earnings per share for the current fiscal year.

About ASGN

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ASGN Incorporated provides information technology services and professional solutions in the technology, digital, and creative fields for commercial and government sectors in the United States. It operates through two segments: Commercial and Federal Government. The Commercial Segment provides consulting, creative digital marketing, and permanent placement services primarily to Fortune 1000 and mid-market clients.

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