Insperity, Inc. (NYSE:NSP) Position Reduced by Arizona State Retirement System

Arizona State Retirement System trimmed its stake in shares of Insperity, Inc. (NYSE:NSP) by 2.0% during the fourth quarter, HoldingsChannel reports. The fund owned 10,130 shares of the business services provider’s stock after selling 207 shares during the quarter. Arizona State Retirement System’s holdings in Insperity were worth $1,187,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Trivant Custom Portfolio Group LLC bought a new position in Insperity during the 3rd quarter valued at $44,000. Point72 Asset Management L.P. bought a new position in shares of Insperity in the 2nd quarter worth about $54,000. DekaBank Deutsche Girozentrale bought a new position in shares of Insperity in the 3rd quarter worth about $47,000. Quarry LP lifted its position in shares of Insperity by 113.1% in the 1st quarter. Quarry LP now owns 503 shares of the business services provider’s stock worth $61,000 after buying an additional 267 shares during the last quarter. Finally, CWM LLC lifted its position in shares of Insperity by 29.2% in the 3rd quarter. CWM LLC now owns 522 shares of the business services provider’s stock worth $51,000 after buying an additional 118 shares during the last quarter. 93.44% of the stock is currently owned by institutional investors.

Insperity Trading Down 0.4 %

Insperity stock opened at $105.92 on Monday. 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 firm has a 50-day moving average price of $101.92 and a two-hundred day moving average price of $107.26. The firm has a market capitalization of $3.95 billion, a price-to-earnings ratio of 23.75, a PEG ratio of 3.02 and a beta of 1.14. Insperity, Inc. has a 52-week low of $90.80 and a 52-week high of $131.09.

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

Insperity Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Shareholders of record on Thursday, March 7th were paid a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a yield of 2.15%. The ex-dividend date was Wednesday, March 6th. Insperity’s payout ratio is 51.12%.

Analyst Upgrades and Downgrades

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

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.