Mirae Asset Global Investments Co. Ltd. Has $2.04 Million Stock Holdings in Insperity, Inc. (NYSE:NSP)

Mirae Asset Global Investments Co. Ltd. lessened its holdings in Insperity, Inc. (NYSE:NSP) by 2.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,368 shares of the business services provider’s stock after selling 487 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Insperity were worth $2,036,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Trivant Custom Portfolio Group LLC acquired a new stake in Insperity during the third quarter valued at $44,000. DekaBank Deutsche Girozentrale acquired a new stake in Insperity during the third quarter valued at $47,000. CWM LLC boosted its position in Insperity by 29.2% during the third quarter. CWM LLC now owns 522 shares of the business services provider’s stock valued at $51,000 after purchasing an additional 118 shares during the last quarter. Point72 Asset Management L.P. acquired a new stake in Insperity during the second quarter valued at $54,000. Finally, Quarry LP boosted its position in Insperity by 113.1% during the first quarter. Quarry LP now owns 503 shares of the business services provider’s stock valued at $61,000 after purchasing an additional 267 shares during the last quarter. Institutional investors and hedge funds own 93.44% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on NSP shares. TheStreet lowered Insperity from a “b” rating to a “c+” rating in a report on Monday, February 12th. StockNews.com lowered Insperity from a “buy” rating to a “hold” rating in a research note on Monday, April 1st. Two analysts have rated the stock with a hold rating, According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $115.00.

Insperity Trading Up 1.5 %

Insperity stock opened at $108.35 on Friday. Insperity, Inc. has a 52 week low of $90.80 and a 52 week high of $131.09. The firm has a market capitalization of $4.08 billion, a PE ratio of 24.29, a PEG ratio of 3.02 and a beta of 1.14. The business’s 50-day simple moving average is $101.91 and its 200-day simple moving average is $107.43. The company has a debt-to-equity ratio of 3.95, a quick ratio of 1.11 and a current ratio of 1.11.

Insperity (NYSE:NSP) last released its earnings results on Thursday, February 8th. The business services provider reported $0.46 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.08. Insperity had a return on equity of 153.34% and a net margin of 2.64%. The business had revenue of $1.58 billion for the quarter, compared to the consensus estimate of $1.57 billion. Equities research analysts forecast that Insperity, Inc. will post 2.34 earnings per share for the current year.

Insperity Announces Dividend

The company also recently announced 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. This represents a $2.28 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date of this dividend was Wednesday, March 6th. Insperity’s dividend payout ratio (DPR) is presently 51.12%.

Insperity 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.