Laurus Investment Counsel Inc. Increases Holdings in Insperity, Inc. (NYSE:NSP)

Laurus Investment Counsel Inc. increased its stake in Insperity, Inc. (NYSE:NSP - Free Report) by 349.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 44,095 shares of the business services provider's stock after purchasing an additional 34,295 shares during the period. Insperity accounts for 2.5% of Laurus Investment Counsel Inc.'s portfolio, making the stock its 12th largest holding. Laurus Investment Counsel Inc. owned about 0.12% of Insperity worth $5,169,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Assenagon Asset Management S.A. grew its position in shares of Insperity by 189.2% during the 4th quarter. Assenagon Asset Management S.A. now owns 29,252 shares of the business services provider's stock worth $3,429,000 after buying an additional 19,137 shares during the period. Reinhart Partners LLC. grew its holdings in Insperity by 6.0% during the 4th quarter. Reinhart Partners LLC. now owns 882,621 shares of the business services provider's stock worth $103,461,000 after acquiring an additional 49,576 shares during the period. Pacer Advisors Inc. raised its position in shares of Insperity by 16.5% during the 4th quarter. Pacer Advisors Inc. now owns 5,318 shares of the business services provider's stock valued at $623,000 after acquiring an additional 755 shares during the last quarter. Raymond James & Associates lifted its stake in shares of Insperity by 13.7% in the 4th quarter. Raymond James & Associates now owns 24,410 shares of the business services provider's stock valued at $2,861,000 after purchasing an additional 2,944 shares during the period. Finally, Profit Investment Management LLC boosted its position in shares of Insperity by 7.6% in the 4th quarter. Profit Investment Management LLC now owns 41,918 shares of the business services provider's stock worth $4,914,000 after purchasing an additional 2,958 shares during the last quarter. Institutional investors and hedge funds own 93.44% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on NSP shares. StockNews.com raised Insperity from a "hold" rating to a "buy" rating in a research note on Sunday. TheStreet lowered shares of Insperity from a "b" rating to a "c+" rating in a research note on Monday, February 12th. One equities research analyst has rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, Insperity has an average rating of "Moderate Buy" and an average target price of $115.00.

Insperity Stock Up 1.0 %

Insperity stock traded up $1.10 during mid-day trading on Thursday, reaching $109.67. The company's stock had a trading volume of 453,267 shares, compared to its average volume of 356,683. 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, Inc. has a 12 month low of $90.80 and a 12 month high of $131.09. The business's 50 day simple moving average is $103.62 and its 200 day simple moving average is $106.29. The company has a market capitalization of $4.09 billion, a price-to-earnings ratio of 24.59, a price-to-earnings-growth ratio of 3.02 and a beta of 1.13.

Insperity (NYSE:NSP - Get Free Report) last posted its quarterly earnings results on Thursday, February 8th. The business services provider reported $0.46 earnings per share for the quarter, beating 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 firm had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.57 billion. As a group, research analysts anticipate that Insperity, Inc. will post 2.34 earnings per share for the current year.

Insperity Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 21st. Shareholders of record on Thursday, March 7th were paid a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 2.08%. The ex-dividend date was Wednesday, March 6th. Insperity's dividend payout ratio is currently 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.