Mawer Investment Management Ltd. Acquires 775,657 Shares of Insperity, Inc. (NYSE:NSP)

Mawer Investment Management Ltd. boosted its holdings in shares of Insperity, Inc. (NYSE:NSP) by 56.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,155,957 shares of the business services provider’s stock after acquiring an additional 775,657 shares during the period. Insperity comprises about 1.0% of Mawer Investment Management Ltd.’s portfolio, making the stock its 25th largest position. Mawer Investment Management Ltd. owned approximately 5.62% of Insperity worth $175,538,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of NSP. BlackRock Inc. lifted its position in shares of Insperity by 2.3% during the fourth quarter. BlackRock Inc. now owns 4,296,824 shares of the business services provider’s stock valued at $349,848,000 after buying an additional 96,801 shares during the last quarter. Manning & Napier Group LLC lifted its position in shares of Insperity by 51.0% during the third quarter. Manning & Napier Group LLC now owns 1,110,523 shares of the business services provider’s stock valued at $72,727,000 after buying an additional 375,278 shares during the last quarter. FIL Ltd purchased a new stake in shares of Insperity during the fourth quarter valued at about $57,658,000. Reinhart Partners Inc. lifted its position in shares of Insperity by 0.8% during the fourth quarter. Reinhart Partners Inc. now owns 478,340 shares of the business services provider’s stock valued at $38,947,000 after buying an additional 3,885 shares during the last quarter. Finally, Raymond James & Associates lifted its position in shares of Insperity by 114.5% during the third quarter. Raymond James & Associates now owns 252,199 shares of the business services provider’s stock valued at $16,517,000 after buying an additional 134,602 shares during the last quarter. Institutional investors own 84.18% of the company’s stock.

Several equities analysts recently commented on NSP shares. Truist increased their price objective on shares of Insperity from $95.00 to $105.00 and gave the company a “buy” rating in a research report on Thursday, November 19th. Truist Financial increased their price objective on shares of Insperity from $84.00 to $95.00 in a research report on Tuesday, November 3rd. One equities research analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. Insperity presently has a consensus rating of “Buy” and an average price target of $81.67.

NYSE:NSP traded up $1.15 during midday trading on Tuesday, hitting $82.59. The company’s stock had a trading volume of 4,923 shares, compared to its average volume of 195,238. Insperity, Inc. has a fifty-two week low of $22.59 and a fifty-two week high of $95.78. The firm’s 50 day moving average is $82.77 and its 200-day moving average is $78.19. The company has a debt-to-equity ratio of 9.09, a current ratio of 1.25 and a quick ratio of 1.25. The firm has a market cap of $3.16 billion, a P/E ratio of 20.72, a P/E/G ratio of 1.76 and a beta of 1.53.

Insperity (NYSE:NSP) last issued its quarterly earnings results on Thursday, February 11th. The business services provider reported $0.49 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.06 by $0.43. Insperity had a net margin of 3.58% and a return on equity of 717.51%. As a group, analysts forecast that Insperity, Inc. will post 3.5 EPS for the current year.

Insperity Profile

Insperity, Inc provides human resources (HR) and business solutions to improve business performance for small and medium-sized businesses. The company offers its HR services through its Workforce Optimization and Workforce Synchronization solutions, which 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.

Read More: What does an outperform rating mean?

Institutional Ownership by Quarter for Insperity (NYSE:NSP)

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