Copeland Capital Management LLC Reduces Stake in Insperity, Inc. (NYSE:NSP)

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Copeland Capital Management LLC lowered its stake in shares of Insperity, Inc. (NYSE:NSP - Free Report) by 2.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 703,157 shares of the business services provider's stock after selling 16,990 shares during the quarter. Insperity comprises approximately 1.7% of Copeland Capital Management LLC's holdings, making the stock its 9th largest holding. Copeland Capital Management LLC owned 1.89% of Insperity worth $82,424,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of NSP. Charles Schwab Investment Management Inc. increased its position in Insperity by 129.9% during the first quarter. Charles Schwab Investment Management Inc. now owns 724,095 shares of the business services provider's stock worth $72,714,000 after acquiring an additional 409,174 shares during the period. Norges Bank acquired a new stake in Insperity during the fourth quarter worth $41,048,000. Massachusetts Financial Services Co. MA acquired a new stake in Insperity during the third quarter worth $27,529,000. Comerica Bank acquired a new stake in Insperity during the second quarter worth $257,100,000. Finally, Earnest Partners LLC boosted its stake in Insperity by 24.7% during the third quarter. Earnest Partners LLC now owns 1,045,622 shares of the business services provider's stock worth $102,053,000 after buying an additional 207,283 shares in the last quarter. Institutional investors own 93.44% of the company's stock.


Insperity Price Performance

Shares of NYSE:NSP traded up $1.04 on Friday, hitting $109.61. The stock had a trading volume of 453,267 shares, compared to its average volume of 446,966. Insperity, Inc. has a twelve month low of $90.80 and a twelve month high of $131.09. The company has a debt-to-equity ratio of 3.95, a quick ratio of 1.11 and a current ratio of 1.11. The firm's 50 day moving average price is $103.51 and its 200-day moving average price is $106.51. The company has a market capitalization of $4.09 billion, a price-to-earnings ratio of 24.58, a price-to-earnings-growth ratio of 3.13 and a beta of 1.13.

Insperity (NYSE:NSP - Get Free Report) last issued its earnings results on Thursday, February 8th. The business services provider reported $0.46 EPS for the quarter, beating the consensus estimate of $0.38 by $0.08. Insperity had a net margin of 2.64% and a return on equity of 153.34%. The company had revenue of $1.58 billion for the quarter, compared to the consensus estimate of $1.57 billion. On average, equities research analysts predict that Insperity, Inc. will post 2.34 earnings per share for the current year.

Insperity Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 21st. Investors of record on Thursday, March 7th were issued a $0.57 dividend. 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 2.08%. Insperity's dividend payout ratio is 51.12%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on NSP. StockNews.com upgraded shares of Insperity from a "hold" rating to a "buy" rating in a research note on Sunday, March 24th. TheStreet downgraded 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's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $115.00.

View Our Latest Report on NSP

About Insperity

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Insperity (NYSE:NSP)

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