Blue Trust Inc. Has $311,000 Stock Holdings in Insperity, Inc. (NYSE:NSP)

Blue Trust Inc. lifted its holdings in shares of Insperity, Inc. (NYSE:NSP) by 10.8% in the third quarter, according to its most recent filing with the SEC. The firm owned 3,413 shares of the business services provider’s stock after acquiring an additional 333 shares during the period. Blue Trust Inc.’s holdings in Insperity were worth $311,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in NSP. nVerses Capital LLC acquired a new position in Insperity during the second quarter worth $64,000. EntryPoint Capital LLC increased its position in shares of Insperity by 164.3% during the 1st quarter. EntryPoint Capital LLC now owns 859 shares of the business services provider’s stock worth $94,000 after purchasing an additional 534 shares in the last quarter. Quarry LP increased its position in shares of Insperity by 205.6% during the 2nd quarter. Quarry LP now owns 1,088 shares of the business services provider’s stock worth $99,000 after purchasing an additional 732 shares in the last quarter. Accordant Advisory Group Inc bought a new position in Insperity during the 2nd quarter valued at about $109,000. Finally, Covestor Ltd boosted its position in Insperity by 264.7% in the first quarter. Covestor Ltd now owns 1,043 shares of the business services provider’s stock valued at $114,000 after buying an additional 757 shares in the last quarter. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Insperity Trading Down 2.7 %

Shares of NYSE NSP opened at $84.91 on Friday. Insperity, Inc. has a 1-year low of $83.77 and a 1-year high of $119.40. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 2.60. The company has a 50-day moving average of $89.01 and a two-hundred day moving average of $95.25. The company has a market cap of $3.20 billion, a PE ratio of 20.76, a P/E/G ratio of 2.39 and a beta of 1.11.

Insperity (NYSE:NSP) last posted its quarterly earnings data on Thursday, August 1st. The business services provider reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.14. The firm 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 business’s revenue for the quarter was up 1.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.33 EPS. As a group, equities analysts expect that Insperity, Inc. will post 2.43 earnings per share for the current fiscal year.

Insperity Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Investors of record on Thursday, September 5th were given a $0.60 dividend. The ex-dividend date was Thursday, September 5th. This represents a $2.40 dividend on an annualized basis and a yield of 2.83%. Insperity’s payout ratio is 58.68%.

Insiders Place Their Bets

In other news, CEO Paul J. Sarvadi sold 16,123 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at approximately $46,956,967.67. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 5.50% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. JPMorgan Chase & Co. began coverage on shares of Insperity in a report on Tuesday. They set an “underweight” rating and a $90.00 price objective for the company. William Blair cut Insperity from an “outperform” rating to a “market perform” rating in a report on Tuesday, September 24th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $99.50.

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.