Diversified Trust Co Sells 2,414 Shares of Insperity, Inc. (NYSE:NSP)

Diversified Trust Co decreased its holdings in shares of Insperity, Inc. (NYSE:NSP) by 21.7% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,695 shares of the business services provider’s stock after selling 2,414 shares during the quarter. Diversified Trust Co’s holdings in Insperity were worth $953,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Mawer Investment Management Ltd. grew its stake in shares of Insperity by 5.6% during the fourth quarter. Mawer Investment Management Ltd. now owns 4,210,321 shares of the business services provider’s stock valued at $493,534,000 after buying an additional 224,772 shares during the last quarter. Massachusetts Financial Services Co. MA grew its stake in Insperity by 41.2% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 398,284 shares of the business services provider’s stock worth $46,687,000 after purchasing an additional 116,226 shares in the last quarter. Assenagon Asset Management S.A. grew its stake in Insperity by 189.2% in the fourth quarter. Assenagon Asset Management S.A. now owns 29,252 shares of the business services provider’s stock worth $3,429,000 after purchasing an additional 19,137 shares in the last quarter. Sunriver Management LLC grew its stake in Insperity by 23.4% in the fourth quarter. Sunriver Management LLC now owns 226,192 shares of the business services provider’s stock worth $26,514,000 after purchasing an additional 42,869 shares in the last quarter. Finally, Laurus Investment Counsel Inc. grew its stake in Insperity by 349.9% in the fourth quarter. Laurus Investment Counsel Inc. now owns 44,095 shares of the business services provider’s stock worth $5,169,000 after purchasing an additional 34,295 shares in the last quarter. Institutional investors own 93.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on NSP. William Blair reissued an “outperform” rating on shares of Insperity in a research note on Friday, May 17th. StockNews.com raised Insperity from a “hold” rating to a “buy” rating in a research note on Thursday, May 9th. Finally, Robert W. Baird increased their price objective on Insperity from $105.00 to $109.00 and gave the stock a “neutral” rating in a research note on Friday, May 17th. Two investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $109.50.

Insperity Stock Down 1.3 %

Insperity stock opened at $90.00 on Tuesday. The business has a fifty day moving average of $99.16 and a two-hundred day moving average of $104.73. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 2.64. The firm has a market cap of $3.39 billion, a P/E ratio of 22.00, a P/E/G ratio of 2.50 and a beta of 1.13. Insperity, Inc. has a twelve month low of $89.72 and a twelve month high of $123.21.

Insperity (NYSE:NSP) last issued its quarterly earnings data on Wednesday, May 1st. The business services provider reported $2.08 EPS for the quarter, beating the consensus estimate of $1.84 by $0.24. Insperity had a return on equity of 137.14% and a net margin of 2.39%. The firm had revenue of $1.80 billion during the quarter, compared to analyst estimates of $1.81 billion. On average, analysts forecast that Insperity, Inc. will post 2.43 earnings per share for the current fiscal year.

Insperity Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 21st. Investors of record on Friday, June 7th were paid a $0.60 dividend. This is a positive change from Insperity’s previous quarterly dividend of $0.57. The ex-dividend date was Friday, June 7th. This represents a $2.40 dividend on an annualized basis and a yield of 2.67%. Insperity’s dividend payout ratio (DPR) is 58.68%.

Insider Buying and Selling

In related news, CEO Paul J. Sarvadi sold 12,183 shares of the firm’s stock in a transaction on Thursday, May 30th. The stock was sold at an average price of $95.41, for a total value of $1,162,380.03. Following the completion of the transaction, the chief executive officer now owns 525,252 shares in the company, valued at approximately $50,114,293.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Insperity news, Director John M. Morphy sold 3,300 shares of the stock in a transaction dated Thursday, May 23rd. The stock was sold at an average price of $102.42, for a total transaction of $337,986.00. Following the sale, the director now directly owns 7,633 shares of the company’s stock, valued at approximately $781,771.86. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Paul J. Sarvadi sold 12,183 shares of the stock in a transaction dated Thursday, May 30th. The stock was sold at an average price of $95.41, for a total value of $1,162,380.03. Following the sale, the chief executive officer now directly owns 525,252 shares in the company, valued at $50,114,293.32. The disclosure for this sale can be found here. Insiders sold 20,695 shares of company stock worth $2,044,864 in the last 90 days. Insiders own 5.50% of the company’s stock.

Insperity Profile

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.