Mirae Asset Global Investments Co. Ltd. Has $2.04 Million Holdings in Insperity, Inc. (NYSE:NSP)

Mirae Asset Global Investments Co. Ltd. trimmed its holdings in shares of Insperity, Inc. (NYSE:NSP) by 2.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,368 shares of the business services provider’s stock after selling 487 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Insperity were worth $2,036,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of NSP. WINTON GROUP Ltd raised its holdings in shares of 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 period. Thrivent Financial for Lutherans raised its holdings in shares of 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 period. CWM LLC raised its holdings 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 acquiring an additional 118 shares during the period. UBS Asset Management Americas Inc. raised its holdings 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 acquiring an additional 129 shares during the period. Finally, Mackenzie Financial Corp raised its holdings 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 acquiring an additional 138 shares during the period. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Insperity Stock Up 1.5 %

Shares of NSP opened at $108.35 on Friday. Insperity, Inc. has a 12 month low of $90.80 and a 12 month high of $131.09. The firm’s 50 day moving average is $101.91 and its 200-day moving average is $107.43. The stock has a market capitalization of $4.08 billion, a PE ratio of 24.29, a P/E/G ratio of 3.02 and a beta of 1.14. 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 announced its earnings results on Thursday, February 8th. The business services provider reported $0.46 EPS for the quarter, topping the consensus estimate 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 analysts’ expectations of $1.57 billion. Equities research analysts forecast that Insperity, Inc. will post 2.34 EPS for the current year.

Insperity Dividend Announcement

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

Analyst Ratings Changes

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

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.