Handelsbanken Fonder AB Boosts Position in Insperity, Inc. (NYSE:NSP)

Handelsbanken Fonder AB grew its holdings in shares of Insperity, Inc. (NYSE:NSP) by 39.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,044 shares of the business services provider’s stock after buying an additional 2,000 shares during the quarter. Handelsbanken Fonder AB’s holdings in Insperity were worth $826,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in NSP. Massachusetts Financial Services Co. MA acquired a new position in shares of Insperity during the 3rd quarter valued at $27,529,000. Earnest Partners LLC boosted its position in shares of Insperity by 24.7% in the third quarter. Earnest Partners LLC now owns 1,045,622 shares of the business services provider’s stock worth $102,053,000 after buying an additional 207,283 shares during the period. AQR Capital Management LLC grew its stake in shares of Insperity by 57.4% in the third quarter. AQR Capital Management LLC now owns 341,972 shares of the business services provider’s stock valued at $33,376,000 after buying an additional 124,763 shares in the last quarter. Reinhart Partners LLC. raised its holdings in shares of Insperity by 15.6% during the 3rd quarter. Reinhart Partners LLC. now owns 833,045 shares of the business services provider’s stock valued at $81,305,000 after buying an additional 112,604 shares during the period. Finally, Sei Investments Co. lifted its position in Insperity by 24.7% during the 3rd quarter. Sei Investments Co. now owns 466,685 shares of the business services provider’s stock worth $45,549,000 after acquiring an additional 92,401 shares in the last quarter. Institutional investors and hedge funds own 93.44% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports 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 lowered shares of Insperity from a “b” rating to a “c+” rating in a report on Monday, February 12th.

Insperity Trading Down 0.1 %

Shares of NSP opened at $104.11 on Tuesday. Insperity, Inc. has a one year low of $90.80 and a one year high of $128.91. The stock has a 50-day moving average price of $103.44 and a 200 day moving average price of $107.98. The company has a debt-to-equity ratio of 3.95, a quick ratio of 1.11 and a current ratio of 1.11. The company has a market capitalization of $3.92 billion, a P/E ratio of 23.34, a P/E/G ratio of 2.97 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 EPS for the quarter, beating the consensus estimate of $0.38 by $0.08. The company had revenue of $1.58 billion during the quarter, compared to analysts’ expectations of $1.57 billion. Insperity had a return on equity of 153.34% and a net margin of 2.64%. Sell-side analysts forecast that Insperity, Inc. will post 2.34 EPS for the current fiscal year.

Insperity Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Stockholders of record on Thursday, March 7th were given a $0.57 dividend. This represents a $2.28 annualized dividend and a dividend yield of 2.19%. The ex-dividend date of this dividend was Wednesday, March 6th. Insperity’s payout ratio is currently 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.