Russell Investments Group Ltd. Sells 15,614 Shares of Insperity, Inc. (NYSE:NSP)

Russell Investments Group Ltd. lessened its stake in Insperity, Inc. (NYSE:NSP) by 12.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 108,474 shares of the business services provider’s stock after selling 15,614 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.29% of Insperity worth $12,715,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the stock. GAMMA Investing LLC bought a new position in shares of Insperity during the 4th quarter valued at approximately $34,000. Trivant Custom Portfolio Group LLC bought a new position in Insperity during the third quarter valued at $44,000. DekaBank Deutsche Girozentrale purchased a new stake in Insperity in the third quarter worth $47,000. VisionPoint Advisory Group LLC bought a new stake in shares of Insperity in the third quarter valued at $104,000. Finally, First Horizon Advisors Inc. raised its stake in Insperity by 22.6% in the 3rd quarter. First Horizon Advisors Inc. now owns 1,410 shares of the business services provider’s stock valued at $138,000 after acquiring an additional 260 shares during the period. Institutional investors own 93.44% of the company’s stock.

Analyst Ratings Changes

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

Insperity Price Performance

Shares of NYSE:NSP opened at $102.88 on Friday. The company has a 50 day moving average of $103.92 and a 200 day moving average of $108.01. 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 stock has a market cap of $3.87 billion, a P/E ratio of 25.15, a P/E/G ratio of 2.95 and a beta of 1.16. Insperity, Inc. has a 12 month low of $90.80 and a 12 month high of $128.91.

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

Insperity Announces Dividend

The firm also recently disclosed 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. This represents a $2.28 annualized dividend and a dividend yield of 2.22%. The ex-dividend date of this dividend was Wednesday, March 6th. Insperity’s payout ratio is 55.75%.

About Insperity

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.