Xponance Inc. Has $443,000 Holdings in Insperity, Inc. (NYSE:NSP)

Xponance Inc. cut its holdings in shares of Insperity, Inc. (NYSE:NSP) by 4.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,860 shares of the business services provider’s stock after selling 232 shares during the period. Xponance Inc.’s holdings in Insperity were worth $443,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in NSP. Mawer Investment Management Ltd. lifted its holdings in shares of Insperity by 4.0% during the 2nd quarter. Mawer Investment Management Ltd. now owns 5,188,547 shares of the business services provider’s stock valued at $473,247,000 after purchasing an additional 197,309 shares in the last quarter. Vanguard Group Inc. lifted its stake in Insperity by 4.9% in the first quarter. Vanguard Group Inc. now owns 3,911,104 shares of the business services provider’s stock valued at $428,696,000 after buying an additional 182,773 shares in the last quarter. Earnest Partners LLC boosted its holdings in shares of Insperity by 4.9% in the first quarter. Earnest Partners LLC now owns 1,291,138 shares of the business services provider’s stock valued at $141,522,000 after buying an additional 60,852 shares during the period. Reinhart Partners LLC. increased its position in shares of Insperity by 13.3% during the second quarter. Reinhart Partners LLC. now owns 1,013,874 shares of the business services provider’s stock worth $92,475,000 after acquiring an additional 118,902 shares in the last quarter. Finally, Sei Investments Co. raised its holdings in shares of Insperity by 5.3% during the second quarter. Sei Investments Co. now owns 734,271 shares of the business services provider’s stock worth $66,973,000 after acquiring an additional 37,091 shares during the period. 93.44% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, William Blair lowered shares of Insperity from an “outperform” rating to a “market perform” rating in a research note on Tuesday, September 24th.

Insider Buying and Selling

In other Insperity news, CEO Paul J. Sarvadi sold 16,123 shares of the firm’s stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $92.23, for a total value of $1,487,024.29. Following the completion of the transaction, the chief executive officer now directly owns 509,129 shares in the company, valued at $46,956,967.67. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 5.50% of the stock is currently owned by corporate insiders.

Insperity Trading Up 1.2 %

NYSE NSP opened at $87.98 on Tuesday. Insperity, Inc. has a 52 week low of $84.78 and a 52 week high of $119.40. The company has a debt-to-equity ratio of 2.60, a quick ratio of 1.17 and a current ratio of 1.17. The stock’s 50 day moving average price is $92.65 and its two-hundred day moving average price is $97.48. The stock has a market capitalization of $3.31 billion, a price-to-earnings ratio of 21.51, a PEG ratio of 2.50 and a beta of 1.12.

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

Insperity Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 19th. Investors of record on Thursday, September 5th were given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.73%. The ex-dividend date was Thursday, September 5th. Insperity’s dividend payout ratio is currently 58.68%.

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.