Edgestream Partners L.P. Makes New $3.04 Million Investment in Insperity, Inc. (NYSE:NSP)

Edgestream Partners L.P. purchased a new stake in Insperity, Inc. (NYSE:NSP) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 33,302 shares of the business services provider’s stock, valued at approximately $3,037,000. Edgestream Partners L.P. owned approximately 0.09% of Insperity as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of NSP. Principal Securities Inc. purchased a new stake in shares of Insperity during the fourth quarter valued at $32,000. Dimensional Fund Advisors LP raised its holdings in Insperity by 2.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 702,844 shares of the business services provider’s stock worth $82,386,000 after buying an additional 19,096 shares during the period. Vanguard Personalized Indexing Management LLC purchased a new stake in Insperity during the fourth quarter valued at about $359,000. Janney Montgomery Scott LLC boosted its holdings in shares of Insperity by 5.9% in the fourth quarter. Janney Montgomery Scott LLC now owns 4,052 shares of the business services provider’s stock worth $475,000 after buying an additional 227 shares during the period. Finally, Norges Bank purchased a new position in shares of Insperity in the fourth quarter worth approximately $42,085,000. 93.44% of the stock is owned by institutional investors.

Insider Buying and Selling at Insperity

In other Insperity news, CEO Paul J. Sarvadi sold 16,123 shares of the company’s 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 transaction, the chief executive officer now owns 509,129 shares in the company, valued at approximately $46,956,967.67. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 5.50% of the company’s stock.

Insperity Stock Up 0.6 %

NSP stock opened at $89.61 on Thursday. The company’s 50 day simple moving average is $93.80 and its 200-day simple moving average is $98.02. Insperity, Inc. has a 52-week low of $84.78 and a 52-week high of $119.40. The company has a debt-to-equity ratio of 2.60, a current ratio of 1.17 and a quick ratio of 1.17. The firm has a market capitalization of $3.37 billion, a P/E ratio of 21.91, a P/E/G ratio of 2.37 and a beta of 1.12.

Insperity (NYSE:NSP) last announced its earnings results on Thursday, August 1st. The business services provider reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate 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 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 period in the previous year, the business earned $0.33 EPS. As a group, equities research analysts anticipate that Insperity, Inc. will post 2.43 EPS for the current year.

Insperity Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th will be paid a dividend of $0.60 per share. The ex-dividend date of this dividend is Thursday, September 5th. This represents a $2.40 annualized dividend and a yield of 2.68%. Insperity’s dividend payout ratio (DPR) is presently 58.68%.

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.