Insperity, Inc. (NYSE:NSP) Shares Bought by Inspire Investing LLC

Inspire Investing LLC lifted its holdings in Insperity, Inc. (NYSE:NSP) by 20.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,892 shares of the business services provider’s stock after purchasing an additional 653 shares during the period. Inspire Investing LLC’s holdings in Insperity were worth $355,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Hsbc Holdings PLC increased its position in shares of Insperity by 62.1% in the second quarter. Hsbc Holdings PLC now owns 6,904 shares of the business services provider’s stock worth $631,000 after acquiring an additional 2,645 shares in the last quarter. Edgestream Partners L.P. purchased a new position in shares of Insperity in the second quarter worth approximately $3,037,000. Renaissance Technologies LLC purchased a new position in shares of Insperity in the second quarter worth approximately $5,536,000. Dimensional Fund Advisors LP increased its position in shares of Insperity by 2.5% in the second quarter. Dimensional Fund Advisors LP now owns 709,454 shares of the business services provider’s stock worth $64,710,000 after acquiring an additional 17,486 shares in the last quarter. Finally, WINTON GROUP Ltd increased its position in shares of Insperity by 4.8% in the second quarter. WINTON GROUP Ltd now owns 9,675 shares of the business services provider’s stock worth $882,000 after acquiring an additional 441 shares in the last quarter. Institutional investors and hedge funds own 93.44% of the company’s stock.

Insperity Stock Performance

Insperity stock opened at $91.86 on Friday. The firm’s 50 day simple moving average is $93.83 and its 200-day simple moving average is $97.95. The company has a market cap of $3.46 billion, a P/E ratio of 22.46, a price-to-earnings-growth ratio of 2.37 and a beta of 1.12. The company has a debt-to-equity ratio of 2.60, a current ratio of 1.17 and a quick ratio of 1.17. Insperity, Inc. has a fifty-two week low of $84.78 and a fifty-two week high of $119.40.

Insperity (NYSE:NSP) last issued its 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 company had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.62 billion. Insperity had a return on equity of 138.16% and a net margin of 2.46%. The firm’s quarterly revenue was up 1.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.33 EPS. As a group, equities research analysts predict that Insperity, Inc. will post 2.43 EPS for the current year.

Insperity Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 19th. Stockholders of record on Thursday, September 5th were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 2.61%. The ex-dividend date of this dividend was Thursday, September 5th. Insperity’s dividend payout ratio is currently 58.68%.

Insider Transactions at Insperity

In related news, CEO Paul J. Sarvadi sold 16,123 shares of Insperity 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 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 is available through the SEC website. 5.50% of the stock is currently owned by company 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.