SG Americas Securities LLC Has $802,000 Stake in Insperity, Inc. (NYSE:NSP)

SG Americas Securities LLC trimmed its holdings in Insperity, Inc. (NYSE:NSP) by 37.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,117 shares of the business services provider’s stock after selling 5,354 shares during the period. SG Americas Securities LLC’s holdings in Insperity were worth $802,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Quarry LP acquired a new stake in shares of Insperity in the fourth quarter valued at approximately $55,000. nVerses Capital LLC bought a new position in Insperity in the second quarter valued at approximately $64,000. EntryPoint Capital LLC increased its stake in Insperity by 164.3% in the first quarter. EntryPoint Capital LLC now owns 859 shares of the business services provider’s stock valued at $94,000 after acquiring an additional 534 shares during the last quarter. Accordant Advisory Group Inc bought a new position in Insperity in the second quarter valued at approximately $109,000. Finally, Covestor Ltd increased its stake in Insperity by 264.7% in the first quarter. Covestor Ltd now owns 1,043 shares of the business services provider’s stock valued at $114,000 after acquiring an additional 757 shares during the last quarter. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Insperity Stock Performance

NYSE NSP opened at $87.55 on Friday. The firm’s fifty day moving average price is $89.85 and its two-hundred day moving average price is $96.48. The stock has a market cap of $3.30 billion, a PE ratio of 21.41, a PEG ratio of 2.39 and a beta of 1.11. Insperity, Inc. has a fifty-two week low of $84.25 and a fifty-two 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.

Insperity (NYSE:NSP) last posted its earnings results on Thursday, August 1st. The business services provider reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.14. The firm had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.62 billion. Insperity had a net margin of 2.46% and a return on equity of 138.16%. The company’s revenue 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. On average, equities analysts expect that Insperity, Inc. will post 2.43 EPS for the current fiscal year.

Insperity Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Investors of record on Thursday, September 5th were paid a $0.60 dividend. The ex-dividend date of this dividend was Thursday, September 5th. This represents a $2.40 annualized dividend and a dividend yield of 2.74%. Insperity’s dividend payout ratio is 58.68%.

Insider Buying and Selling

In related news, CEO Paul J. Sarvadi sold 16,123 shares of the business’s stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $92.23, for a total value of $1,487,024.29. Following the sale, the chief executive officer now owns 509,129 shares of the company’s stock, 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 document filed with the SEC, which is available through the SEC website. 5.50% of the stock is currently owned by insiders.

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.