Dimensional Fund Advisors LP Boosts Holdings in Insperity, Inc. (NYSE:NSP)

Dimensional Fund Advisors LP raised its holdings in Insperity, Inc. (NYSE:NSP) by 2.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 709,454 shares of the business services provider’s stock after purchasing an additional 17,486 shares during the period. Dimensional Fund Advisors LP owned 1.88% of Insperity worth $64,710,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of NSP. Sunriver Management LLC lifted its stake in Insperity by 23.4% in the 4th quarter. Sunriver Management LLC now owns 226,192 shares of the business services provider’s stock valued at $26,514,000 after buying an additional 42,869 shares in the last quarter. Empowered Funds LLC purchased a new stake in shares of Insperity in the first quarter valued at $1,956,000. ProShare Advisors LLC boosted its stake in shares of Insperity by 10.5% during 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 during the last quarter. Vanguard Group Inc. increased its position in Insperity by 4.9% during the 1st quarter. Vanguard Group Inc. now owns 3,911,104 shares of the business services provider’s stock worth $428,696,000 after purchasing an additional 182,773 shares in the last quarter. Finally, Quantbot Technologies LP raised its stake in Insperity by 2,277.8% in the 1st quarter. Quantbot Technologies LP now owns 15,765 shares of the business services provider’s stock valued at $1,728,000 after purchasing an additional 15,102 shares during the last quarter. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Insperity

In other news, CEO Paul J. Sarvadi sold 16,123 shares of the firm’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 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 filing with the Securities & Exchange Commission, which can be accessed through this link. 5.50% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Separately, William Blair lowered shares of Insperity from an “outperform” rating to a “market perform” rating in a research report on Tuesday.

Insperity Stock Up 0.5 %

Shares of NSP opened at $86.99 on Friday. The company’s fifty day moving average is $92.91 and its two-hundred day moving average is $97.60. The firm has a market cap of $3.28 billion, a PE ratio of 21.27, a price-to-earnings-growth ratio of 2.50 and a beta of 1.12. 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, 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, topping the consensus estimate of $0.72 by $0.14. The company had revenue of $1.61 billion during 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 company’s revenue was up 1.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.33 earnings per share. Analysts forecast that Insperity, Inc. will post 2.43 earnings per share for the current year.

Insperity Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th were issued a $0.60 dividend. The ex-dividend date of this dividend was Thursday, September 5th. This represents a $2.40 dividend on an annualized basis and a yield of 2.76%. Insperity’s dividend payout ratio is currently 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.