Quest Partners LLC Purchases Shares of 3,342 Insperity, Inc. (NYSE:NSP)

Quest Partners LLC purchased a new stake in shares of Insperity, Inc. (NYSE:NSP) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 3,342 shares of the business services provider’s stock, valued at approximately $305,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Sunriver Management LLC grew its holdings in shares of Insperity by 23.4% in the fourth quarter. Sunriver Management LLC now owns 226,192 shares of the business services provider’s stock worth $26,514,000 after purchasing an additional 42,869 shares during the last quarter. Empowered Funds LLC bought a new position in shares of Insperity in the first quarter worth approximately $1,956,000. Ontario Teachers Pension Plan Board boosted its holdings in Insperity by 279.1% in the fourth quarter. Ontario Teachers Pension Plan Board now owns 57,167 shares of the business services provider’s stock valued at $6,701,000 after acquiring an additional 42,088 shares in the last quarter. ProShare Advisors LLC boosted its holdings in Insperity by 10.5% in the first quarter. ProShare Advisors LLC now owns 80,514 shares of the business services provider’s stock valued at $8,825,000 after acquiring an additional 7,626 shares in the last quarter. Finally, Vanguard Group Inc. boosted its holdings 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 acquiring an additional 182,773 shares in the last quarter. Institutional investors own 93.44% of the company’s stock.

Insperity Stock Performance

NYSE:NSP opened at $88.48 on Friday. The stock has a market cap of $3.32 billion, a P/E ratio of 21.63, a price-to-earnings-growth ratio of 2.37 and a beta of 1.12. The firm’s fifty day simple moving average is $93.69 and its 200 day simple moving average is $98.28. Insperity, Inc. has a twelve month low of $84.78 and a twelve month high of $119.40. 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 released its quarterly earnings results on Thursday, August 1st. The business services provider reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.14. The business 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 firm’s revenue for the quarter was up 1.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.33 earnings per share. As a group, research analysts predict that Insperity, Inc. will post 2.43 EPS for the current year.

Insperity Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 2.71%. The ex-dividend date of this dividend is Thursday, September 5th. Insperity’s dividend payout ratio is currently 58.68%.

Insider Buying and Selling at Insperity

In other Insperity news, CEO Paul J. Sarvadi sold 16,123 shares of the firm’s stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $92.23, for a total transaction of $1,487,024.29. Following the completion of the transaction, the chief executive officer now owns 509,129 shares of the company’s stock, valued at $46,956,967.67. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 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.