Insperity, Inc. (NYSE:NSP) Stake Boosted by National Bank of Canada FI

National Bank of Canada FI grew its stake in shares of Insperity, Inc. (NYSE:NSP) by 22.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,515 shares of the business services provider’s stock after purchasing an additional 453 shares during the quarter. National Bank of Canada FI’s holdings in Insperity were worth $226,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Principal Securities Inc. acquired a new position in shares of Insperity during the fourth quarter worth approximately $32,000. C M Bidwell & Associates Ltd. acquired a new position in shares of Insperity during the fourth quarter worth approximately $34,000. Quarry LP acquired a new position in shares of Insperity during the fourth quarter worth approximately $55,000. nVerses Capital LLC acquired a new position in shares of Insperity during the second quarter worth approximately $64,000. Finally, Quest Partners LLC acquired a new position in shares of Insperity during the fourth quarter worth approximately $92,000. 93.44% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Insperity news, CEO Paul J. Sarvadi sold 16,123 shares of Insperity stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $92.23, for a total transaction of $1,487,024.29. Following the transaction, the chief executive officer now owns 509,129 shares of the company’s stock, valued at approximately $46,956,967.67. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 5.50% of the company’s stock.

Insperity Stock Performance

NSP opened at $88.48 on Friday. The company has a market capitalization of $3.32 billion, a price-to-earnings ratio of 21.63, a price-to-earnings-growth ratio of 2.37 and a beta of 1.12. The company has a debt-to-equity ratio of 2.60, a current ratio of 1.17 and a quick ratio of 1.17. Insperity, Inc. has a 1-year low of $84.78 and a 1-year high of $119.40. The business has a 50 day moving average price of $93.69 and a two-hundred day moving average price of $98.27.

Insperity (NYSE:NSP) last posted its quarterly earnings data on Thursday, August 1st. The business services provider reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.14. Insperity had a net margin of 2.46% and a return on equity of 138.16%. The company had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.62 billion. During the same period in the prior year, the firm earned $0.33 earnings per share. The business’s quarterly revenue was up 1.3% on a year-over-year basis. Research analysts predict that Insperity, Inc. will post 2.43 EPS for the current fiscal year.

Insperity Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 19th. Investors of record on Thursday, September 5th will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 2.71%. The ex-dividend date of this dividend is Thursday, September 5th. Insperity’s payout ratio is 58.68%.

Wall Street Analysts Forecast Growth

NSP has been the subject of several analyst reports. William Blair reiterated an “outperform” rating on shares of Insperity in a research report on Friday, May 17th. Robert W. Baird upped their target price on Insperity from $105.00 to $109.00 and gave the stock a “neutral” rating in a research report on Friday, May 17th.

Insperity Company 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.