Insperity, Inc. (NYSE:NSP) Shares Bought by California Public Employees Retirement System

California Public Employees Retirement System grew its holdings in Insperity, Inc. (NYSE:NSP) by 3.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,616 shares of the business services provider’s stock after purchasing an additional 2,258 shares during the quarter. California Public Employees Retirement System owned about 0.16% of Insperity worth $6,988,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in NSP. Trivant Custom Portfolio Group LLC acquired a new position in Insperity during the third quarter worth $44,000. DekaBank Deutsche Girozentrale purchased a new stake in shares of Insperity in the third quarter valued at about $47,000. CWM LLC grew its holdings in shares of Insperity by 29.2% in 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 period. VisionPoint Advisory Group LLC acquired a new stake in Insperity during the third quarter worth about $104,000. Finally, First Horizon Advisors Inc. raised its stake in Insperity by 22.6% during the third quarter. First Horizon Advisors Inc. now owns 1,410 shares of the business services provider’s stock worth $138,000 after purchasing an additional 260 shares during the period. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Insperity Price Performance

NSP stock opened at $102.88 on Friday. The business’s fifty day moving average price is $103.92 and its 200 day moving average price is $107.96. Insperity, Inc. has a 12-month low of $90.80 and a 12-month high of $128.91. The company has a current ratio of 1.15, a quick ratio of 1.11 and a debt-to-equity ratio of 2.64. The company has a market capitalization of $3.87 billion, a PE ratio of 25.15, a P/E/G ratio of 2.98 and a beta of 1.16.

Insperity (NYSE:NSP) last posted its quarterly earnings results on Thursday, February 8th. The business services provider reported $0.46 EPS for the quarter, topping the consensus estimate of $0.38 by $0.08. Insperity had a net margin of 2.39% and a return on equity of 137.14%. The business had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.57 billion. On average, sell-side analysts anticipate that Insperity, Inc. will post 2.34 EPS for the current year.

Insperity Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 21st. Shareholders of record on Thursday, March 7th were issued a dividend of $0.57 per share. The ex-dividend date was Wednesday, March 6th. This represents a $2.28 annualized dividend and a yield of 2.22%. Insperity’s dividend payout ratio (DPR) is 55.75%.

Analysts Set New Price Targets

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

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.