Insperity, Inc. (NYSE:NSP) Stock Holdings Boosted by Quantbot Technologies LP

Quantbot Technologies LP lifted its position in Insperity, Inc. (NYSE:NSP) by 2,277.8% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 15,765 shares of the business services provider’s stock after buying an additional 15,102 shares during the period. Quantbot Technologies LP’s holdings in Insperity were worth $1,728,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Principal Securities Inc. acquired a new stake in shares of Insperity during the 4th quarter valued at $32,000. C M Bidwell & Associates Ltd. purchased a new stake in shares of Insperity during the fourth quarter valued at $34,000. GAMMA Investing LLC acquired a new position in shares of Insperity in the 4th quarter valued at $34,000. SRS Capital Advisors Inc. increased its stake in Insperity by 387.0% in the 4th quarter. SRS Capital Advisors Inc. now owns 375 shares of the business services provider’s stock worth $44,000 after purchasing an additional 298 shares in the last quarter. Finally, Hexagon Capital Partners LLC raised its holdings in Insperity by 1,600.0% during the 4th quarter. Hexagon Capital Partners LLC now owns 391 shares of the business services provider’s stock worth $46,000 after buying an additional 368 shares during the period. Institutional investors and hedge funds own 93.44% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Robert W. Baird increased their target price on Insperity from $105.00 to $109.00 and gave the company a “neutral” rating in a report on Friday, May 17th. William Blair reissued an “outperform” rating on shares of Insperity in a research note on Friday, May 17th. Finally, StockNews.com raised Insperity from a “hold” rating to a “buy” rating in a research note on Thursday, May 9th. Two investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $109.50.

Insperity Stock Performance

Shares of NYSE NSP traded up $2.00 during trading hours on Friday, hitting $92.36. 188,291 shares of the company’s stock were exchanged, compared to its average volume of 193,029. The stock has a market capitalization of $3.48 billion, a price-to-earnings ratio of 22.59, a PEG ratio of 2.48 and a beta of 1.13. The company’s 50-day moving average price is $96.27 and its 200-day moving average price is $103.20. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.15 and a quick ratio of 1.15. Insperity, Inc. has a 1-year low of $85.04 and a 1-year high of $123.21.

Insperity (NYSE:NSP) last posted its quarterly earnings results on Wednesday, May 1st. The business services provider reported $2.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.84 by $0.24. Insperity had a net margin of 2.39% and a return on equity of 137.14%. The company had revenue of $1.80 billion for the quarter, compared to analyst estimates of $1.81 billion. On average, sell-side analysts expect that Insperity, Inc. will post 2.43 earnings per share for the current fiscal year.

Insperity Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 21st. Stockholders of record on Friday, June 7th were issued a $0.60 dividend. This is a positive change from Insperity’s previous quarterly dividend of $0.57. The ex-dividend date of this dividend was Friday, June 7th. This represents a $2.40 annualized dividend and a dividend yield of 2.60%. Insperity’s dividend payout ratio is presently 58.68%.

Insiders Place Their Bets

In other news, Director John M. Morphy sold 3,300 shares of the firm’s stock in a transaction on Thursday, May 23rd. The stock was sold at an average price of $102.42, for a total value of $337,986.00. Following the completion of the sale, the director now directly owns 7,633 shares in the company, valued at $781,771.86. The sale was disclosed in a filing with the SEC, which is accessible through this link. In other news, CEO Paul J. Sarvadi sold 12,183 shares of the stock in a transaction on Thursday, May 30th. The shares were sold at an average price of $95.41, for a total transaction of $1,162,380.03. Following the completion of the sale, the chief executive officer now owns 525,252 shares of the company’s stock, valued at $50,114,293.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John M. Morphy sold 3,300 shares of Insperity stock in a transaction that occurred on Thursday, May 23rd. The shares were sold at an average price of $102.42, for a total value of $337,986.00. Following the completion of the sale, the director now directly owns 7,633 shares in the company, valued at approximately $781,771.86. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 20,695 shares of company stock valued at $2,044,864. 5.50% of the stock is currently owned by 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.