Mutual of America Capital Management LLC Lowers Position in Insperity, Inc. (NYSE:NSP)

Mutual of America Capital Management LLC trimmed its position in shares of Insperity, Inc. (NYSE:NSP) by 7.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 21,894 shares of the business services provider’s stock after selling 1,659 shares during the period. Mutual of America Capital Management LLC’s holdings in Insperity were worth $2,566,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC boosted its holdings in Insperity by 28.8% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 6,799 shares of the business services provider’s stock valued at $797,000 after acquiring an additional 1,521 shares during the period. Boston Trust Walden Corp boosted its stake in shares of Insperity by 3.2% in the 4th quarter. Boston Trust Walden Corp now owns 237,067 shares of the business services provider’s stock valued at $27,789,000 after buying an additional 7,396 shares during the period. Miracle Mile Advisors LLC purchased a new position in shares of Insperity in the 4th quarter valued at about $233,000. Fifth Third Bancorp boosted its stake in shares of Insperity by 5.2% in the 4th quarter. Fifth Third Bancorp now owns 23,223 shares of the business services provider’s stock valued at $2,722,000 after buying an additional 1,139 shares during the period. Finally, Blue Trust Inc. boosted its stake in shares of Insperity by 28.4% in the 4th quarter. Blue Trust Inc. now owns 2,271 shares of the business services provider’s stock valued at $266,000 after buying an additional 502 shares during the period. 93.44% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Insperity Trading Up 1.5 %

NSP opened at $108.35 on Friday. The firm has a market cap of $4.08 billion, a price-to-earnings ratio of 24.29, a price-to-earnings-growth ratio of 3.02 and a beta of 1.14. Insperity, Inc. has a 52 week low of $90.80 and a 52 week high of $131.09. The business’s 50 day moving average is $101.91 and its two-hundred day moving average is $107.43. The company has a quick ratio of 1.11, a current 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 the consensus estimate of $0.38 by $0.08. The company had revenue of $1.58 billion for 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, research analysts predict 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. Shareholders of record on Thursday, March 7th were given a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 2.10%. The ex-dividend date was Wednesday, March 6th. Insperity’s dividend payout ratio (DPR) is 51.12%.

Insperity Company 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.