California Public Employees Retirement System Grows Holdings in Insperity, Inc. (NYSE:NSP)

California Public Employees Retirement System lifted its position in shares of Insperity, Inc. (NYSE:NSP) by 3.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 59,616 shares of the business services provider’s stock after buying an additional 2,258 shares during the quarter. California Public Employees Retirement System’s holdings in Insperity were worth $6,988,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Assenagon Asset Management S.A. boosted its position in Insperity by 189.2% during the fourth quarter. Assenagon Asset Management S.A. now owns 29,252 shares of the business services provider’s stock worth $3,429,000 after acquiring an additional 19,137 shares during the last quarter. Laurus Investment Counsel Inc. grew its position in shares of Insperity by 349.9% in the fourth quarter. Laurus Investment Counsel Inc. now owns 44,095 shares of the business services provider’s stock valued at $5,169,000 after purchasing an additional 34,295 shares during the period. Epoch Investment Partners Inc. increased its stake in Insperity by 75.1% in the third quarter. Epoch Investment Partners Inc. now owns 168,652 shares of the business services provider’s stock valued at $16,460,000 after purchasing an additional 72,361 shares during the last quarter. CenterBook Partners LP acquired a new position in shares of Insperity during the 3rd quarter valued at about $3,232,000. Finally, Quantbot Technologies LP purchased a new position in shares of Insperity during the 3rd quarter worth about $624,000. Institutional investors and hedge funds own 93.44% of the company’s stock.

Insperity Stock Performance

Insperity stock opened at $102.88 on Friday. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.15 and a quick ratio of 1.11. Insperity, Inc. has a 12 month low of $90.80 and a 12 month high of $128.91. The company has a market cap of $3.87 billion, a price-to-earnings ratio of 25.15, a price-to-earnings-growth ratio of 2.98 and a beta of 1.16. The stock’s 50-day moving average is $103.92 and its 200-day moving average is $107.96.

Insperity (NYSE:NSP) last announced its quarterly 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. Insperity had a net margin of 2.39% and a return on equity of 137.14%. The firm had revenue of $1.58 billion for the quarter, compared to analysts’ expectations of $1.57 billion. Equities analysts anticipate that Insperity, Inc. will post 2.34 earnings per share for the current year.

Insperity Announces Dividend

The firm 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 of this dividend was Wednesday, March 6th. This represents a $2.28 dividend on an annualized basis and a yield of 2.22%. Insperity’s dividend payout ratio (DPR) is 55.75%.

Analysts Set New Price Targets

NSP has been the subject of a number of recent analyst reports. TheStreet downgraded shares of Insperity from a “b” rating to a “c+” rating in a report on Monday, February 12th. StockNews.com upgraded shares of Insperity from a “hold” rating to a “buy” rating in a report on Wednesday.

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.