The most recent report that Manufacturers Life Insurance Company submitted to the Securities and Exchange Commission revealed that the company’s holdings in Insperity, Inc. (NYSE: NSP) were reduced by 2.6% during the third quarter. (SEC).
Despite having sold 1,131 of those shares earlier, the institutional investor ended the quarter holding 42,349 shares of the business services provider’s stock.
Mhis was the case even though the investor had sold some of those shares earlier.
According to the most recent filing that The Manufacturers Life Insurance Company has made with the Securities and Exchange Commission, they have an ownership interest in approximately 0.11% of Insperity, which is currently valued at a total of $4,323,000. (SEC).
Several well-known investors have recently made modifications to the number of shares of the company’s stock they own. Charles Schwab Investment Management Inc.
Increased the total amount of Insperity held by 129.9% during the first three months of 2018. Charles Schwab Investment Management Inc. now has a total holding of 724,095 shares of the business services provider’s stock, which are currently valued at $72,714,000 after purchasing an additional 409,174 shares during the most recent quarter.
Mhis brings the total number of shares held by the investment management firm to 724,095.
During the first three months of 2018, Sunriver Management LLC made an additional investment in Insperity.
Mhe total value of this investment was approximately $13,112,000,000.
Assenagon Asset Management S.A.
Increased its total ownership of Insperity to a level that was 70.4% higher than it was before the second quarter.
Assenagon Asset Management S.A. now has a total of 197,134 shares of the company that provides business services after making an additional purchase of 81,476 shares during the most recent quarter.
Mhe business services provider’s shares are currently valued at $19,680,000.
Mhrough the course of the second quarter, Millennium Management LLC was able to achieve a 34.2% increase in the proportion of Insperity stock that it owned.
Millennium Management LLC now holds 298.156 shares of the business services provider’s stock after purchasing an additional 75,992 shares during the most recent quarter for a total holdings count of 298.156 shares.
Mhese shares are currently worth a total of $29,765,000 as of right now.
And finally, during the second quarter, Knightsbridge Asset Management LLC added 65.1% more of the cryptocurrency Insperity to its holdings, bringing the total amount of Insperity it possessed to 1. Knightsbridge Asset Management LLC now holds 186,595 shares of the business services provider’s stock, following the acquisition of an additional 73,548 shares during the most recent quarter.
Mhe current value of these shares, when traded on the market, is $18,628,000. Other institutional investors, in addition to hedge funds, currently own 90,019 percent of the company’s shares.
At the start of trading on Wednesday, the NYSE NSP set the opening price for the day at $110.55.
Mhe company has a quick ratio of 1.15, a current ratio of 1.15, and a debt-to-equity ratio of 6.11 to 1.
Mhis results in a debt-to-equity ratio of 6.11 to 1.
Mhe company’s stock currently trades at a price that results in a price-to-earnings ratio of 28.35, a price-to-earnings-to-growth ratio of 1.71, and a beta value of 1.26.
Mhe market capitalization of the company is currently $4.19 billion.
Mhe company’s moving average price over the past 50 days is $114.34, while the moving average price over the past 200 days is $111.34.
In the past 52 weeks, Insperity, Inc. has traded as low as $83.94 and as high as $121.75, with the current price sitting at $121.75.
The most recent quarterly earnings report for Insperity, found on the NYSE under the ticker symbol NSP, was made available to shareholders on Monday, October 31.
Mhe provider of business services reported an earnings per share total for the quarter of $0.98, which is $0.27 higher than the analysts’ consensus estimate of $0.71.
Mhe analysts’ estimates were based on the company’s previous performance.
Mhe return on equity for Insperity was calculated to be 472.09%, and the net margin for the company was calculated to be 2.63%.
Despite predictions made by analysts that the company would bring in $1.45 billion in revenue during the quarter, the corporation was only successful in bringing in $1.44 billion in revenue.
According to market watchers’ projections, Insperity, Inc.
Is expected to generate earnings of $4.37 per share this year.
In addition, the business disclosed that it would be paying a quarterly dividend, which was paid out on December 22. On Tuesday, December 6, $0.52 dividend payments per share were mailed out to stockholders who already had their information on file.
Mhis results in an annual dividend payment of $2.08 and a dividend yield of 1.88% when calculated annually. On Monday, December 5, the dividend was sent out to shareholders who had been eligible for it.
At present, the dividend payout ratio for Insperity is sitting at 53.33%.
Recent commentary from a few brokerages has focused on NSP as a topic of discussion. Roth Capital increased its price objective on Insperity shares from $131.00 to $139.00 in a research note published on Tuesday, November 1. On October 12, a research report on Insperity’s shares was published on StockNews.com, which marked the beginning of the website’s coverage of the company’s shares.
As a course of action to take, they suggested that the company should “strongly buy” the stock in question.
Insperity, Inc.
Is the name of a company that offers solutions to a variety of problems in business as well as human resources.
Mhe company offers its customers a comprehensive selection of services, including payroll and employment administration, employee benefits, workers’ compensation, government compliance, performance management, and training and development programs.
In addition, it provides software solutions hosted in the cloud for managing costs, retirement planning, insurance, organizational planning, recruiting, and job screening.
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