Insperity, Inc. (NYSE:NSP) Shares Bought by Raymond James & Associates

Raymond James & Associates grew its holdings in shares of Insperity, Inc. (NYSE:NSP) by 13.7% during the fourth quarter, Holdings Channel reports. The firm owned 24,410 shares of the business services provider’s stock after acquiring an additional 2,944 shares during the quarter. Raymond James & Associates’ holdings in Insperity were worth $2,861,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. WINTON GROUP Ltd lifted its position in Insperity by 2.9% in the 3rd quarter. WINTON GROUP Ltd now owns 4,002 shares of the business services provider’s stock valued at $391,000 after purchasing an additional 112 shares during the last quarter. Thrivent Financial for Lutherans lifted its position in Insperity by 1.2% in the 3rd quarter. Thrivent Financial for Lutherans now owns 9,460 shares of the business services provider’s stock valued at $966,000 after purchasing an additional 113 shares during the last quarter. CWM LLC lifted its position in Insperity by 29.2% in the 3rd quarter. CWM LLC now owns 522 shares of the business services provider’s stock valued at $51,000 after purchasing an additional 118 shares during the last quarter. UBS Asset Management Americas Inc. lifted its position in Insperity by 0.3% in the 2nd quarter. UBS Asset Management Americas Inc. now owns 48,226 shares of the business services provider’s stock valued at $4,814,000 after purchasing an additional 129 shares during the last quarter. Finally, Mackenzie Financial Corp lifted its position in Insperity by 2.6% in the 1st quarter. Mackenzie Financial Corp now owns 5,413 shares of the business services provider’s stock valued at $544,000 after purchasing an additional 138 shares during the last quarter. 93.44% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. StockNews.com downgraded shares of Insperity from a “buy” rating to a “hold” rating in a research report on Monday, April 1st. TheStreet downgraded shares of Insperity from a “b” rating to a “c+” rating in a research report on Monday, February 12th. Two analysts have rated the stock with a hold rating, According to data from MarketBeat, Insperity presently has an average rating of “Hold” and an average target price of $115.00.

Insperity Stock Down 0.4 %

NSP stock opened at $105.92 on Monday. Insperity, Inc. has a 52 week low of $90.80 and a 52 week high of $131.09. The company has a market capitalization of $3.95 billion, a price-to-earnings ratio of 23.75, a price-to-earnings-growth ratio of 3.02 and a beta of 1.14. The firm’s 50-day moving average is $101.92 and its two-hundred day moving average is $107.26. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 3.95.

Insperity (NYSE:NSP) last released its quarterly earnings results on Thursday, February 8th. The business services provider reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.08. Insperity had a net margin of 2.64% and a return on equity of 153.34%. The company had revenue of $1.58 billion for the quarter, compared to the consensus estimate of $1.57 billion. On average, analysts forecast that Insperity, Inc. will post 2.34 earnings per share for the current fiscal year.

Insperity Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 21st. Stockholders of record on Thursday, March 7th were paid a $0.57 dividend. The ex-dividend date was Wednesday, March 6th. This represents a $2.28 annualized dividend and a dividend yield of 2.15%. Insperity’s dividend payout ratio is currently 51.12%.

About Insperity

Insperity, Inc engages in the provision of human resources (HR) and business solutions to improve business performance for small and medium-sized businesses primarily in the United States. It offers its HR services through its workforce optimization and workforce synchronization solutions that include a range of human resources functions, such as payroll and employment administration, employee benefits, workers' compensation, government compliance, performance management, and training and development services.