Insperity, Inc. (NYSE:NSP) Shares Acquired by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. lifted its holdings in shares of Insperity, Inc. (NYSE:NSP) by 17.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 167,154 shares of the business services provider’s stock after buying an additional 24,441 shares during the period. Goldman Sachs Group Inc. owned approximately 0.45% of Insperity worth $19,594,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also 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. GAMMA Investing LLC acquired a new stake in Insperity in the fourth quarter worth approximately $34,000. C M Bidwell & Associates Ltd. acquired a new stake in Insperity in the fourth quarter worth approximately $34,000. SRS Capital Advisors Inc. lifted its position in Insperity by 387.0% in the fourth quarter. SRS Capital Advisors Inc. now owns 375 shares of the business services provider’s stock worth $44,000 after purchasing an additional 298 shares during the period. Finally, Hexagon Capital Partners LLC lifted its position in shares of Insperity by 1,600.0% during the 4th quarter. Hexagon Capital Partners LLC now owns 391 shares of the business services provider’s stock valued at $46,000 after acquiring an additional 368 shares during the last quarter. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Insperity Price Performance

Shares of NYSE:NSP opened at $91.43 on Thursday. The company’s fifty day moving average is $100.19 and its two-hundred day moving average is $105.36. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 2.64. Insperity, Inc. has a 12-month low of $90.80 and a 12-month high of $123.21. The company has a market cap of $3.44 billion, a P/E ratio of 22.35, a price-to-earnings-growth ratio of 2.55 and a beta of 1.14.

Insperity (NYSE:NSP) last posted its quarterly earnings results on Wednesday, May 1st. The business services provider reported $2.08 earnings per share for the quarter, topping analysts’ consensus estimates of $1.84 by $0.24. Insperity had a net margin of 2.39% and a return on equity of 137.14%. The business had revenue of $1.80 billion for the quarter, compared to the consensus estimate of $1.81 billion. Equities analysts expect that Insperity, Inc. will post 2.43 earnings per share for the current fiscal year.

Insperity Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 21st. Investors of record on Friday, June 7th were issued a $0.60 dividend. The ex-dividend date was Friday, June 7th. This is a boost from Insperity’s previous quarterly dividend of $0.57. This represents a $2.40 dividend on an annualized basis and a yield of 2.62%. Insperity’s dividend payout ratio is currently 58.68%.

Insider Buying and Selling

In related news, Director John M. Morphy sold 3,300 shares of the company’s stock in a transaction on Thursday, May 23rd. The shares were sold at an average price of $102.42, for a total value of $337,986.00. Following the completion of the sale, the director now directly owns 7,633 shares in the company, valued at $781,771.86. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, CEO Paul J. Sarvadi sold 12,183 shares of the company’s stock in a transaction on Thursday, May 30th. The shares were sold at an average price of $95.41, for a total value of $1,162,380.03. Following the completion of the sale, the chief executive officer now directly owns 525,252 shares in the company, valued at $50,114,293.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John M. Morphy sold 3,300 shares of the company’s stock in a transaction on Thursday, May 23rd. The stock was sold at an average price of $102.42, for a total transaction of $337,986.00. Following the completion of the sale, the director now owns 7,633 shares of the company’s stock, valued at $781,771.86. The disclosure for this sale can be found here. Over the last three months, insiders sold 20,695 shares of company stock worth $2,044,864. Corporate insiders own 5.50% of the company’s stock.

Analyst Upgrades and Downgrades

NSP has been the subject of a number of recent research reports. William Blair reiterated an “outperform” rating on shares of Insperity in a research report on Friday, May 17th. StockNews.com raised shares of Insperity from a “hold” rating to a “buy” rating in a research note on Thursday, May 9th. Finally, Robert W. Baird boosted their target price on shares of Insperity from $105.00 to $109.00 and gave the company a “neutral” rating in a research note on Friday, May 17th. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, Insperity presently has an average rating of “Moderate Buy” and a consensus price target of $109.50.

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.