Sanctuary Advisors LLC Purchases Shares of 14,578 Insperity, Inc. (NYSE:NSP)

Sanctuary Advisors LLC acquired a new stake in shares of Insperity, Inc. (NYSE:NSP) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 14,578 shares of the business services provider’s stock, valued at approximately $1,330,000.

A number of other large investors also recently modified their holdings of the company. C M Bidwell & Associates Ltd. purchased a new position in shares of Insperity during the fourth quarter worth approximately $34,000. Quarry LP purchased a new position in Insperity in the 4th quarter worth $55,000. nVerses Capital LLC purchased a new stake in Insperity during the second quarter valued at about $64,000. EntryPoint Capital LLC grew its stake in shares of Insperity by 164.3% during the first quarter. EntryPoint Capital LLC now owns 859 shares of the business services provider’s stock valued at $94,000 after buying an additional 534 shares during the last quarter. Finally, Accordant Advisory Group Inc bought a new position in shares of Insperity during the second quarter valued at about $109,000. 93.44% of the stock is owned by hedge funds and other institutional investors.

Insperity Trading Down 1.0 %

Shares of NSP opened at $86.04 on Friday. The firm has a fifty day simple moving average of $90.01 and a two-hundred day simple moving average of $96.61. Insperity, Inc. has a twelve month low of $84.25 and a twelve month high of $119.40. The stock has a market capitalization of $3.24 billion, a P/E ratio of 21.04, a PEG ratio of 2.50 and a beta of 1.11. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 2.60.

Insperity (NYSE:NSP) last announced its quarterly earnings results on Thursday, August 1st. The business services provider reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.14. The company had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.62 billion. Insperity had a return on equity of 138.16% and a net margin of 2.46%. Insperity’s revenue was up 1.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.33 EPS. On average, research analysts anticipate that Insperity, Inc. will post 2.43 EPS for the current year.

Insperity Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th were issued a $0.60 dividend. The ex-dividend date of this dividend was Thursday, September 5th. This represents a $2.40 annualized dividend and a yield of 2.79%. Insperity’s dividend payout ratio (DPR) is presently 58.68%.

Wall Street Analyst Weigh In

Separately, William Blair cut Insperity from an “outperform” rating to a “market perform” rating in a report on Tuesday, September 24th.

Insider Transactions at Insperity

In related news, CEO Paul J. Sarvadi sold 16,123 shares of the business’s stock in a transaction dated Thursday, August 8th. The shares were 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 in the company, valued at $46,956,967.67. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate 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.