Assenagon Asset Management S.A. Has $3.43 Million Holdings in Insperity, Inc. (NYSE:NSP)

Assenagon Asset Management S.A. lifted its holdings in shares of Insperity, Inc. (NYSE:NSP - Free Report) by 189.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 29,252 shares of the business services provider's stock after acquiring an additional 19,137 shares during the quarter. Assenagon Asset Management S.A. owned 0.08% of Insperity worth $3,429,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Reinhart Partners LLC. increased its position in shares of Insperity by 6.0% during the fourth 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 last quarter. Pacer Advisors Inc. grew its stake 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 purchasing an additional 755 shares in the last quarter. Raymond James & Associates grew its stake 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 purchasing an additional 2,944 shares in the last quarter. Profit Investment Management LLC grew its stake 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 purchasing an additional 2,958 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new position in Insperity in the fourth quarter worth about $206,000. 93.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently commented on NSP. TheStreet downgraded Insperity from a "b" rating to a "c+" rating in a research note on Monday, February 12th. StockNews.com downgraded Insperity from a "buy" rating to a "hold" rating in a research note on Monday. Two research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $115.00.

Insperity Stock Performance

NSP stock traded down $0.46 during midday trading on Tuesday, reaching $107.05. The company had a trading volume of 400,898 shares, compared to its average volume of 357,167. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 3.95. The stock has a 50 day moving average price of $103.21 and a 200 day moving average price of $106.64. Insperity, Inc. has a fifty-two week low of $90.80 and a fifty-two week high of $131.09. The firm has a market capitalization of $3.99 billion, a PE ratio of 24.00, a P/E/G ratio of 3.13 and a beta of 1.14.

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 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 company had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.57 billion. Analysts anticipate that Insperity, Inc. will post 2.34 earnings per share for the current year.

Insperity Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 21st. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.13%. Insperity's dividend payout ratio (DPR) is presently 51.12%.

Insperity Company 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.