Sei Investments Co. Grows Stock Position in Insperity, Inc. (NYSE:NSP)

Sei Investments Co. raised its holdings in Insperity, Inc. (NYSE:NSP) by 5.3% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 734,271 shares of the business services provider’s stock after purchasing an additional 37,091 shares during the quarter. Sei Investments Co. owned 1.95% of Insperity worth $66,973,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Principal Securities Inc. acquired a new stake in Insperity in the 4th quarter valued at approximately $32,000. C M Bidwell & Associates Ltd. purchased a new stake in shares of Insperity in the 4th quarter valued at $34,000. Quarry LP purchased a new position in Insperity during the 4th quarter valued at about $55,000. nVerses Capital LLC acquired a new position in Insperity in the 2nd quarter valued at about $64,000. Finally, Quest Partners LLC acquired a new position in Insperity in the 4th quarter valued at about $92,000. 93.44% of the stock is owned by institutional investors and hedge funds.

Insperity Stock Down 0.4 %

Shares of NSP opened at $91.86 on Friday. The company’s 50-day simple moving average is $93.83 and its 200-day simple moving average is $97.95. The company has a debt-to-equity ratio of 2.60, a quick ratio of 1.17 and a current ratio of 1.17. Insperity, Inc. has a 1 year low of $84.78 and a 1 year high of $119.40. The stock has a market capitalization of $3.46 billion, a PE ratio of 22.46, a P/E/G ratio of 2.37 and a beta of 1.12.

Insperity (NYSE:NSP) last released its earnings results on Thursday, August 1st. The business services provider reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $0.14. Insperity had a net margin of 2.46% and a return on equity of 138.16%. The company had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.62 billion. During the same period in the prior year, the business earned $0.33 EPS. The firm’s quarterly revenue was up 1.3% on a year-over-year basis. Analysts forecast that Insperity, Inc. will post 2.43 earnings per share for the current fiscal year.

Insperity Dividend Announcement

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

Insider Activity

In related 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 transaction of $1,487,024.29. Following the sale, the chief executive officer now directly owns 509,129 shares in the company, valued at $46,956,967.67. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Company 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.