Russell Investments Group Ltd. Trims Stock Position in Insperity, Inc. (NYSE:NSP)

Russell Investments Group Ltd. decreased its stake in Insperity, Inc. (NYSE:NSP) by 12.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 108,474 shares of the business services provider’s stock after selling 15,614 shares during the quarter. Russell Investments Group Ltd.’s holdings in Insperity were worth $12,715,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Massachusetts Financial Services Co. MA acquired a new position in shares of Insperity during the third quarter valued at approximately $27,529,000. Earnest Partners LLC lifted its position in Insperity by 24.7% during 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 in the last quarter. AQR Capital Management LLC grew its holdings in Insperity by 57.4% in the 3rd 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. Sei Investments Co. grew its holdings in Insperity by 24.7% in the 3rd quarter. Sei Investments Co. now owns 466,685 shares of the business services provider’s stock valued at $45,549,000 after buying an additional 92,401 shares in the last quarter. Finally, Victory Capital Management Inc. increased its stake in shares of Insperity by 1,051.2% in the 3rd quarter. Victory Capital Management Inc. now owns 100,281 shares of the business services provider’s stock worth $9,787,000 after acquiring an additional 91,570 shares during the last quarter. 93.44% of the stock is owned by institutional investors and hedge funds.

Insperity Stock Down 0.3 %

Insperity stock opened at $102.88 on Friday. Insperity, Inc. has a fifty-two week low of $90.80 and a fifty-two week high of $128.91. The company has a debt-to-equity ratio of 2.64, a quick ratio of 1.11 and a current ratio of 1.15. The firm has a 50 day moving average price of $103.92 and a 200 day moving average price of $108.01. The company has a market capitalization of $3.87 billion, a PE ratio of 25.15, a price-to-earnings-growth ratio of 2.95 and a beta of 1.16.

Insperity (NYSE:NSP) last announced its earnings results on Thursday, February 8th. The business services provider reported $0.46 EPS for the quarter, beating analysts’ consensus estimates 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 137.14% and a net margin of 2.39%. Research analysts expect that Insperity, Inc. will post 2.34 earnings per share for the current year.

Insperity Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Investors of record on Thursday, March 7th were paid a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 2.22%. The ex-dividend date of this dividend was Wednesday, March 6th. Insperity’s payout ratio is currently 55.75%.

Analyst Ratings Changes

Several research analysts have recently weighed in on NSP shares. TheStreet cut shares of Insperity from a “b” rating to a “c+” rating in a research report on Monday, February 12th. StockNews.com upgraded Insperity from a “hold” rating to a “buy” rating in a report on Wednesday.

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.