Two Sigma Investments LP lifted its position in shares of Insperity Inc (NYSE:NSP) by 396.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 106,467 shares of the business services provider’s stock after purchasing an additional 85,005 shares during the quarter. Two Sigma Investments LP owned approximately 0.26% of Insperity worth $6,106,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently made changes to their positions in the company. USA Mutuals Advisors Inc. acquired a new stake in Insperity in the 4th quarter valued at $100,000. Mutual of America Capital Management LLC boosted its stake in Insperity by 100.0% in the 4th quarter. Mutual of America Capital Management LLC now owns 2,000 shares of the business services provider’s stock valued at $115,000 after buying an additional 1,000 shares in the last quarter. Fuller & Thaler Asset Management Inc. boosted its stake in Insperity by 100.0% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 2,200 shares of the business services provider’s stock valued at $126,000 after buying an additional 1,100 shares in the last quarter. DekaBank Deutsche Girozentrale boosted its stake in Insperity by 78.2% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 1,611 shares of the business services provider’s stock valued at $134,000 after buying an additional 707 shares in the last quarter. Finally, Ledyard National Bank boosted its stake in Insperity by 439.1% in the 4th quarter. Ledyard National Bank now owns 3,585 shares of the business services provider’s stock valued at $206,000 after buying an additional 2,920 shares in the last quarter. 83.47% of the stock is currently owned by institutional investors.
Shares of Insperity Inc (NYSE NSP) opened at $70.15 on Friday. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.07 and a quick ratio of 1.07. The company has a market capitalization of $2,986.87, a price-to-earnings ratio of 34.70, a P/E/G ratio of 1.47 and a beta of 0.88. Insperity Inc has a one year low of $34.88 and a one year high of $72.60.
Insperity (NYSE:NSP) last announced its quarterly earnings results on Monday, February 12th. The business services provider reported $0.55 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.92 by ($0.37). The company had revenue of $826.50 million during the quarter, compared to analyst estimates of $813.28 million. Insperity had a net margin of 2.55% and a return on equity of 102.86%. Insperity’s quarterly revenue was up 13.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.58 EPS. equities analysts forecast that Insperity Inc will post 2.72 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Thursday, March 22nd. Investors of record on Thursday, March 8th were paid a $0.20 dividend. This is a positive change from Insperity’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Wednesday, March 7th. This represents a $0.80 annualized dividend and a yield of 1.14%. Insperity’s payout ratio is currently 40.20%.
Several brokerages recently commented on NSP. Zacks Investment Research raised Insperity from a “hold” rating to a “buy” rating and set a $74.00 price target on the stock in a research note on Monday, February 19th. Roth Capital boosted their price target on Insperity from $58.00 to $71.00 and gave the company a “buy” rating in a research note on Tuesday, February 13th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $64.00.
In other Insperity news, EVP Arthur A. Arizpe sold 10,655 shares of the business’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $64.13, for a total value of $683,305.15. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Chairman Paul J. Sarvadi sold 45,000 shares of the business’s stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of $61.58, for a total value of $2,771,100.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 117,751 shares of company stock worth $7,471,328. 27.47% of the stock is owned by insiders.
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Insperity Company Profile
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).
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