Vest Financial LLC Buys 4,678 Shares of Insperity, Inc. (NYSE:NSP)

Vest Financial LLC raised its stake in shares of Insperity, Inc. (NYSE:NSP) by 40.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 16,298 shares of the business services provider’s stock after purchasing an additional 4,678 shares during the quarter. Vest Financial LLC’s holdings in Insperity were worth $1,434,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in NSP. Goldman Sachs Group Inc. increased its stake in Insperity by 17.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 167,154 shares of the business services provider’s stock valued at $19,594,000 after acquiring an additional 24,441 shares during the period. Hennessy Advisors Inc. increased its position in shares of Insperity by 44.2% during the first quarter. Hennessy Advisors Inc. now owns 37,500 shares of the business services provider’s stock valued at $4,110,000 after purchasing an additional 11,500 shares during the period. Allspring Global Investments Holdings LLC raised its stake in shares of Insperity by 13.3% in the first quarter. Allspring Global Investments Holdings LLC now owns 7,705 shares of the business services provider’s stock valued at $845,000 after purchasing an additional 906 shares in the last quarter. State of Michigan Retirement System lifted its position in Insperity by 2.4% in the first quarter. State of Michigan Retirement System now owns 8,650 shares of the business services provider’s stock worth $948,000 after purchasing an additional 200 shares during the period. Finally, Principal Financial Group Inc. boosted its stake in Insperity by 6.1% during the first quarter. Principal Financial Group Inc. now owns 149,638 shares of the business services provider’s stock worth $16,402,000 after buying an additional 8,541 shares in the last quarter. Institutional investors and hedge funds own 93.44% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Paul J. Sarvadi sold 16,123 shares of Insperity stock in a transaction that occurred 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 completion of the transaction, the chief executive officer now owns 509,129 shares in the company, valued at approximately $46,956,967.67. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 5.50% of the company’s stock.

Analyst Ratings Changes

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 Trading Down 1.3 %

NSP stock opened at $87.74 on Monday. Insperity, Inc. has a 1-year low of $84.25 and a 1-year high of $119.40. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 2.60. The business’s 50 day moving average is $89.44 and its 200-day moving average is $95.64. The firm has a market cap of $3.30 billion, a P/E ratio of 21.45, a P/E/G ratio of 2.39 and a beta of 1.11.

Insperity (NYSE:NSP) last announced its quarterly earnings results on Thursday, August 1st. The business services provider reported $0.86 earnings per share for the quarter, beating 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 return on equity of 138.16% and a net margin of 2.46%. The business’s revenue was up 1.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.33 earnings per share. Equities analysts anticipate that Insperity, Inc. will post 2.43 earnings per share for the current fiscal year.

Insperity Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th were given a $0.60 dividend. The ex-dividend date of this dividend was Thursday, September 5th. This represents a $2.40 dividend on an annualized basis and a yield of 2.74%. Insperity’s dividend payout ratio (DPR) is presently 58.68%.

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.