KAMES CAPITAL plc Has $8.70 Million Position in Insperity Inc (NSP)

KAMES CAPITAL plc boosted its position in shares of Insperity Inc (NYSE:NSP) by 130.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 151,560 shares of the business services provider’s stock after purchasing an additional 85,697 shares during the period. KAMES CAPITAL plc owned about 0.36% of Insperity worth $8,700,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Victory Capital Management Inc. grew its holdings in Insperity by 17.7% during the 2nd quarter. Victory Capital Management Inc. now owns 1,445 shares of the business services provider’s stock valued at $103,000 after purchasing an additional 217 shares during the last quarter. Ameritas Investment Partners Inc. grew its holdings in Insperity by 18.6% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,608 shares of the business services provider’s stock valued at $114,000 after purchasing an additional 252 shares during the last quarter. DekaBank Deutsche Girozentrale grew its holdings in Insperity by 78.2% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 1,611 shares of the business services provider’s stock valued at $134,000 after purchasing an additional 707 shares during the last quarter. Profund Advisors LLC grew its holdings in Insperity by 18.0% during the 2nd quarter. Profund Advisors LLC now owns 3,045 shares of the business services provider’s stock valued at $216,000 after purchasing an additional 465 shares during the last quarter. Finally, Amalgamated Bank bought a new position in Insperity during the 3rd quarter valued at about $220,000. Institutional investors own 40.11% of the company’s stock.

In other news, President Richard G. Rawson sold 900 shares of the company’s stock in a transaction that occurred on Monday, November 27th. The shares were sold at an average price of $114.76, for a total value of $103,284.00. Following the completion of the sale, the president now owns 97,410 shares of the company’s stock, valued at approximately $11,178,771.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Arthur A. Arizpe sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $117.01, for a total transaction of $585,050.00. The disclosure for this sale can be found here. In the last ninety days, insiders bought 466,667 shares of company stock valued at $84,000 and sold 141,118 shares valued at $14,047,005. 27.47% of the stock is currently owned by corporate insiders.

Several equities research analysts have issued reports on NSP shares. Zacks Investment Research cut shares of Insperity from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. Robert W. Baird reissued a “buy” rating and issued a $56.00 price objective on shares of Insperity in a research report on Friday, November 10th. Finally, SunTrust Banks reissued a “hold” rating and issued a $55.00 price objective on shares of Insperity in a research report on Friday, November 3rd. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $50.60.

Shares of Insperity Inc (NYSE NSP) opened at $59.05 on Friday. The stock has a market cap of $2,482.39, a PE ratio of 31.84, a price-to-earnings-growth ratio of 1.43 and a beta of 0.93. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.16 and a quick ratio of 1.16. Insperity Inc has a 52-week low of $34.60 and a 52-week high of $61.47.

Insperity (NYSE:NSP) last released its quarterly earnings data on Wednesday, November 1st. The business services provider reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.08. The company had revenue of $795.50 million during the quarter, compared to analysts’ expectations of $786.44 million. Insperity had a net margin of 2.43% and a return on equity of 94.38%. The firm’s quarterly revenue was up 13.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.39 EPS. equities research analysts anticipate that Insperity Inc will post 2.01 earnings per share for the current year.

Insperity announced that its Board of Directors has authorized a stock repurchase program on Thursday, November 16th that allows the company to repurchase 500,000 shares. This repurchase authorization allows the business services provider to buy shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s board believes its shares are undervalued.

The business also recently disclosed a dividend, which was paid on Monday, December 18th. Shareholders of record on Monday, December 4th were given a $0.30 dividend. The ex-dividend date was Friday, December 1st. Insperity’s dividend payout ratio (DPR) is 32.35%.

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About Insperity

Insperity, Inc provides a range of human resources (HR) and business solutions. The Company’s HR services offerings are provided through its Workforce Optimization and Workforce Synchronization solutions (together, its professional employer organization (PEO) HR Outsourcing solutions), which encompass a range of human resources functions, including payroll and employment administration, employee benefits, workers’ compensation, performance management and training and development services, along with its cloud-based human capital management platform, the Employee Service Center (ESC).

Institutional Ownership by Quarter for Insperity (NYSE:NSP)

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