Insperity, Inc. (NYSE:NSP) Position Increased by Laurus Investment Counsel Inc.

Laurus Investment Counsel Inc. raised its position in shares of Insperity, Inc. (NYSE:NSP) by 349.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 44,095 shares of the business services provider’s stock after buying an additional 34,295 shares during the quarter. Insperity accounts for 2.5% of Laurus Investment Counsel Inc.’s portfolio, making the stock its 12th largest position. Laurus Investment Counsel Inc.’s holdings in Insperity were worth $5,169,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of NSP. Assenagon Asset Management S.A. lifted its position in shares of Insperity by 189.2% in the fourth quarter. Assenagon Asset Management S.A. now owns 29,252 shares of the business services provider’s stock worth $3,429,000 after purchasing an additional 19,137 shares in the last quarter. Reinhart Partners LLC. increased its holdings in Insperity by 6.0% in the fourth quarter. Reinhart Partners LLC. now owns 882,621 shares of the business services provider’s stock worth $103,461,000 after buying an additional 49,576 shares during the last quarter. Pacer Advisors Inc. increased its holdings in Insperity by 16.5% in the fourth quarter. Pacer Advisors Inc. now owns 5,318 shares of the business services provider’s stock worth $623,000 after buying an additional 755 shares during the last quarter. Raymond James & Associates increased its holdings in Insperity by 13.7% in the fourth quarter. Raymond James & Associates now owns 24,410 shares of the business services provider’s stock worth $2,861,000 after buying an additional 2,944 shares during the last quarter. Finally, Profit Investment Management LLC increased its holdings in Insperity by 7.6% in the fourth quarter. Profit Investment Management LLC now owns 41,918 shares of the business services provider’s stock worth $4,914,000 after buying an additional 2,958 shares during the last quarter. 93.44% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have commented on the company. TheStreet downgraded 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 Sunday. One analyst has rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $115.00.

Insperity Stock Up 2.8 %

Shares of NSP stock opened at $108.57 on Thursday. The stock has a market cap of $4.05 billion, a P/E ratio of 24.34, a price-to-earnings-growth ratio of 3.02 and a beta of 1.13. Insperity, Inc. has a one year low of $90.80 and a one year high of $131.09. The stock has a fifty day moving average price of $103.74 and a 200 day moving average price of $106.26. The company has a debt-to-equity ratio of 3.95, a current ratio of 1.11 and a quick ratio of 1.11.

Insperity (NYSE:NSP) last issued its 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. The firm had revenue of $1.58 billion during the quarter, compared to analysts’ expectations of $1.57 billion. Insperity had a return on equity of 153.34% and a net margin of 2.64%. Analysts predict that Insperity, Inc. will post 2.34 earnings per share for the current year.

Insperity Announces Dividend

The business also recently disclosed 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 of this dividend was Wednesday, March 6th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 2.10%. Insperity’s payout ratio 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.