Mackenzie Financial Corp Acquires 34,010 Shares of Insperity, Inc. (NYSE:NSP)

Mackenzie Financial Corp lifted its holdings in shares of Insperity, Inc. (NYSE:NSP) by 89.7% during the fourth quarter, HoldingsChannel reports. The firm owned 71,930 shares of the business services provider’s stock after purchasing an additional 34,010 shares during the quarter. Mackenzie Financial Corp’s holdings in Insperity were worth $8,432,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Trivant Custom Portfolio Group LLC bought a new stake in shares of Insperity during the 3rd quarter worth $44,000. DekaBank Deutsche Girozentrale bought a new stake in shares of Insperity during the 3rd quarter worth $47,000. CWM LLC raised its stake in shares of Insperity by 29.2% during the 3rd quarter. CWM LLC now owns 522 shares of the business services provider’s stock worth $51,000 after purchasing an additional 118 shares during the period. Point72 Asset Management L.P. bought a new stake in Insperity in the 2nd quarter valued at about $54,000. Finally, Quarry LP raised its stake in Insperity by 113.1% in the 1st quarter. Quarry LP now owns 503 shares of the business services provider’s stock valued at $61,000 after acquiring an additional 267 shares during the period. 93.44% of the stock is currently owned by institutional investors.

Insperity Stock Up 1.5 %

NSP stock opened at $108.35 on Friday. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 3.95. The firm has a market capitalization of $4.08 billion, a PE ratio of 24.29, a PEG ratio of 3.02 and a beta of 1.14. Insperity, Inc. has a twelve month low of $90.80 and a twelve month high of $131.09. The stock has a 50-day simple moving average of $101.91 and a two-hundred day simple moving average of $107.43.

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

Insperity Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 21st. Stockholders of record on Thursday, March 7th were issued a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a dividend yield of 2.10%. The ex-dividend date of this dividend was Wednesday, March 6th. Insperity’s payout ratio is 51.12%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on NSP shares. TheStreet cut Insperity from a “b” rating to a “c+” rating in a research note on Monday, February 12th. StockNews.com cut Insperity from a “buy” rating to a “hold” rating in a research note on Monday, April 1st. Two investment analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, Insperity presently has an average rating of “Hold” and an average price target of $115.00.

Insperity Profile

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.