Louisiana State Employees Retirement System Takes $1.16 Million Position in Insperity, Inc. (NYSE:NSP)

Louisiana State Employees Retirement System bought a new stake in shares of Insperity, Inc. (NYSE:NSP) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 9,900 shares of the business services provider’s stock, valued at approximately $1,160,000.

Several other large investors have also recently modified their holdings of NSP. Allspring Global Investments Holdings LLC boosted its stake in shares of 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 worth $797,000 after purchasing an additional 1,521 shares during the period. Boston Trust Walden Corp lifted its stake in Insperity by 3.2% in the fourth quarter. Boston Trust Walden Corp now owns 237,067 shares of the business services provider’s stock worth $27,789,000 after purchasing an additional 7,396 shares during the last quarter. Miracle Mile Advisors LLC purchased a new position in shares of Insperity during the fourth quarter valued at approximately $233,000. Fifth Third Bancorp grew its stake in shares of Insperity by 5.2% during the fourth 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 last quarter. Finally, Blue Trust Inc. raised its holdings in shares of Insperity by 28.4% in the fourth quarter. Blue Trust Inc. now owns 2,271 shares of the business services provider’s stock worth $266,000 after buying an additional 502 shares during the period. Institutional investors own 93.44% of the company’s stock.

Analyst Ratings Changes

NSP has been the subject of a number of recent analyst reports. TheStreet cut Insperity from a “b” rating to a “c+” rating in a report on Monday, February 12th. StockNews.com lowered Insperity from a “buy” rating to a “hold” rating in a research note on Monday, April 1st. Two analysts have rated the stock with a hold rating, According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $115.00.

Insperity Stock Performance

NSP stock opened at $108.68 on Wednesday. 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 business’s fifty day simple moving average is $102.51 and its two-hundred day simple moving average is $107.75. Insperity, Inc. has a twelve month low of $90.80 and a twelve month high of $128.91. The firm has a market cap of $4.09 billion, a price-to-earnings ratio of 24.37, a PEG ratio of 3.09 and a beta of 1.14.

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

Insperity Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Shareholders 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 dividend on an annualized basis and a yield of 2.10%. Insperity’s payout ratio is 51.12%.

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.