Mawer Investment Management Ltd. Has $456.72 Million Holdings in Insperity, Inc. (NYSE:NSP)

Mawer Investment Management Ltd. increased its position in shares of Insperity, Inc. (NYSE:NSP) by 0.0% during the third quarter, Holdings Channel reports. The fund owned 5,190,036 shares of the business services provider’s stock after acquiring an additional 1,489 shares during the quarter. Insperity makes up 2.1% of Mawer Investment Management Ltd.’s holdings, making the stock its 16th largest holding. Mawer Investment Management Ltd. owned about 0.14% of Insperity worth $456,723,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in the company. Quest Partners LLC raised its holdings in shares of Insperity by 259.8% during the third quarter. Quest Partners LLC now owns 12,023 shares of the business services provider’s stock valued at $1,058,000 after acquiring an additional 8,681 shares during the period. Natixis Advisors LLC grew its position in Insperity by 27.4% during the third quarter. Natixis Advisors LLC now owns 65,016 shares of the business services provider’s stock valued at $5,721,000 after purchasing an additional 13,981 shares in the last quarter. KBC Group NV grew its position in Insperity by 26.4% during the third quarter. KBC Group NV now owns 1,034 shares of the business services provider’s stock valued at $91,000 after purchasing an additional 216 shares in the last quarter. Oppenheimer Asset Management Inc. grew its position in Insperity by 23.5% during the third quarter. Oppenheimer Asset Management Inc. now owns 23,178 shares of the business services provider’s stock valued at $2,040,000 after purchasing an additional 4,417 shares in the last quarter. Finally, Victory Capital Management Inc. grew its position in Insperity by 65.7% during the third quarter. Victory Capital Management Inc. now owns 115,588 shares of the business services provider’s stock valued at $10,172,000 after purchasing an additional 45,820 shares in the last quarter. Institutional investors and hedge funds own 93.44% of the company’s stock.

Analyst Ratings Changes

NSP has been the topic of a number of research analyst reports. William Blair downgraded shares of Insperity from an “outperform” rating to a “market perform” rating in a research report on Tuesday, September 24th. StockNews.com downgraded shares of Insperity from a “buy” rating to a “hold” rating in a research report on Monday, November 4th. Truist Financial lowered their price objective on shares of Insperity from $95.00 to $88.00 and set a “hold” rating on the stock in a research report on Friday, November 1st. Finally, JPMorgan Chase & Co. started coverage on shares of Insperity in a research report on Tuesday, October 22nd. They issued an “underweight” rating and a $90.00 target price for the company. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $95.67.

Insperity Price Performance

NYSE:NSP opened at $72.95 on Monday. The stock has a market cap of $2.73 billion, a P/E ratio of 23.22, a PEG ratio of 2.05 and a beta of 1.12. Insperity, Inc. has a one year low of $72.74 and a one year high of $119.40. The company has a fifty day moving average price of $84.61 and a 200 day moving average price of $91.94. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.16 and a quick ratio of 1.16.

Insperity Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 19th. Investors of record on Thursday, September 5th were paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 3.29%. The ex-dividend date was Thursday, September 5th. Insperity’s payout ratio is currently 76.19%.

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.