Epoch Investment Partners Inc. Trims Stake in Insperity, Inc. (NYSE:NSP)

Epoch Investment Partners Inc. cut its position in Insperity, Inc. (NYSE:NSP) by 80.2% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 25,470 shares of the business services provider’s stock after selling 103,138 shares during the quarter. Epoch Investment Partners Inc. owned approximately 0.07% of Insperity worth $2,323,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Principal Securities Inc. acquired a new stake in shares of Insperity in the fourth quarter valued at approximately $32,000. C M Bidwell & Associates Ltd. purchased a new position in Insperity during the 4th quarter worth $34,000. Quarry LP acquired a new position in Insperity in the fourth quarter valued at $55,000. nVerses Capital LLC purchased a new stake in shares of Insperity in the second quarter valued at about $64,000. Finally, Quest Partners LLC acquired a new stake in shares of Insperity during the fourth quarter worth about $92,000. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Insperity Stock Down 1.1 %

NSP opened at $90.89 on Tuesday. Insperity, Inc. has a 52 week low of $84.78 and a 52 week high of $119.40. The business has a 50 day moving average price of $93.73 and a two-hundred day moving average price of $97.85. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 2.60. The company has a market cap of $3.42 billion, a PE ratio of 22.22, a P/E/G ratio of 2.37 and a beta of 1.12.

Insperity (NYSE:NSP) last posted its quarterly earnings data 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 analyst estimates of $1.62 billion. Insperity had a net margin of 2.46% and a return on equity of 138.16%. Insperity’s quarterly revenue was up 1.3% on a year-over-year basis. During the same period last year, the firm posted $0.33 EPS. As a group, 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 was paid on Thursday, September 19th. Stockholders of record on Thursday, September 5th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.64%. The ex-dividend date was Thursday, September 5th. Insperity’s dividend payout ratio (DPR) is 58.68%.

Insider Buying and Selling at Insperity

In related news, CEO Paul J. Sarvadi sold 16,123 shares of the business’s stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $92.23, for a total transaction 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 5.50% of the stock is owned by corporate insiders.

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.