Insperity, Inc. (NYSE:NSP) Shares Sold by New York State Common Retirement Fund

New York State Common Retirement Fund trimmed its stake in shares of Insperity, Inc. (NYSE:NSP) by 89.1% in the 4th quarter, HoldingsChannel reports. The firm owned 13,612 shares of the business services provider’s stock after selling 111,355 shares during the period. New York State Common Retirement Fund’s holdings in Insperity were worth $1,596,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. California Public Employees Retirement System boosted its position in shares of Insperity by 3.9% during the 4th quarter. California Public Employees Retirement System now owns 59,616 shares of the business services provider’s stock worth $6,988,000 after acquiring an additional 2,258 shares in the last quarter. Handelsbanken Fonder AB lifted its position in Insperity by 39.7% during the 4th quarter. Handelsbanken Fonder AB now owns 7,044 shares of the business services provider’s stock worth $826,000 after acquiring an additional 2,000 shares during the period. LRT Capital Management LLC lifted its position in Insperity by 26.8% during the 4th quarter. LRT Capital Management LLC now owns 3,165 shares of the business services provider’s stock worth $371,000 after acquiring an additional 669 shares during the period. Federated Hermes Inc. lifted its holdings in shares of Insperity by 20.7% in the 4th quarter. Federated Hermes Inc. now owns 4,414 shares of the business services provider’s stock valued at $517,000 after buying an additional 757 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Insperity by 10.8% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,093 shares of the business services provider’s stock valued at $949,000 after buying an additional 790 shares during the period. 93.44% of the stock is owned by institutional investors and hedge funds.

Insperity Price Performance

Shares of Insperity stock opened at $104.64 on Friday. Insperity, Inc. has a twelve month low of $90.80 and a twelve month high of $128.91. The stock has a market capitalization of $3.94 billion, a P/E ratio of 25.58, a PEG ratio of 2.94 and a beta of 1.16. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 2.64. The business’s fifty day moving average price is $104.31 and its 200 day moving average price is $108.08.

Insperity (NYSE:NSP) last issued its quarterly earnings data on Thursday, February 8th. The business services provider reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.08. Insperity had a return on equity of 137.14% and a net margin of 2.39%. The company had revenue of $1.58 billion for the quarter, compared to analysts’ expectations of $1.57 billion. As a group, research 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 paid a $0.57 dividend. This represents a $2.28 annualized dividend and a dividend yield of 2.18%. The ex-dividend date of this dividend was Wednesday, March 6th. Insperity’s dividend payout ratio (DPR) is 55.75%.

Analyst Ratings Changes

NSP has been the subject of several recent analyst reports. TheStreet cut Insperity from a “b” rating to a “c+” rating in a report on Monday, February 12th. StockNews.com raised Insperity from a “hold” rating to a “buy” rating in a research report on Thursday.

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.