Insperity, Inc. (NYSE:NSP) Shares Acquired by Rhumbline Advisers

Rhumbline Advisers grew its stake in Insperity, Inc. (NYSE:NSP) by 0.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 121,123 shares of the business services provider’s stock after purchasing an additional 305 shares during the period. Rhumbline Advisers owned approximately 0.32% of Insperity worth $14,723,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. State Street Corp increased its holdings in shares of Insperity by 1.6% in the third quarter. State Street Corp now owns 1,119,138 shares of the business services provider’s stock valued at $114,253,000 after purchasing an additional 17,272 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in shares of Insperity by 9.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 915,756 shares of the business services provider’s stock valued at $104,030,000 after purchasing an additional 76,173 shares during the period. Geode Capital Management LLC increased its holdings in shares of Insperity by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 710,923 shares of the business services provider’s stock valued at $80,760,000 after purchasing an additional 2,083 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Insperity by 2.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 650,604 shares of the business services provider’s stock valued at $73,909,000 after purchasing an additional 14,116 shares during the period. Finally, Copeland Capital Management LLC increased its holdings in shares of Insperity by 6.0% in the first quarter. Copeland Capital Management LLC now owns 600,264 shares of the business services provider’s stock valued at $72,962,000 after purchasing an additional 33,811 shares during the period. Institutional investors and hedge funds own 91.05% of the company’s stock.

Insider Activity at Insperity

In related news, CEO Paul J. Sarvadi sold 18,950 shares of the stock in a transaction on Monday, August 14th. The stock was sold at an average price of $101.33, for a total transaction of $1,920,203.50. Following the sale, the chief executive officer now owns 519,036 shares of the company’s stock, valued at $52,593,917.88. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In related news, CEO Paul J. Sarvadi sold 18,950 shares of the stock in a transaction on Monday, August 14th. The stock was sold at an average price of $101.33, for a total transaction of $1,920,203.50. Following the sale, the chief executive officer now owns 519,036 shares of the company’s stock, valued at $52,593,917.88. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director John M. Morphy sold 1,500 shares of the stock in a transaction on Thursday, August 24th. The shares were sold at an average price of $98.24, for a total value of $147,360.00. Following the sale, the director now directly owns 9,115 shares in the company, valued at approximately $895,457.60. The disclosure for this sale can be found here. Corporate insiders own 5.61% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on NSP. Truist Financial cut their price objective on Insperity from $128.00 to $110.00 and set a “hold” rating for the company in a research report on Wednesday, August 2nd. Robert W. Baird cut their price objective on Insperity from $131.00 to $120.00 in a research report on Tuesday, May 30th. 51job reiterated a “reiterates” rating on shares of Insperity in a research report on Thursday, June 15th. Finally, StockNews.com began coverage on Insperity in a research report on Friday, August 18th. They issued a “hold” rating for the company.

Insperity Stock Down 0.0 %

Insperity stock opened at $101.33 on Friday. The company has a debt-to-equity ratio of 2.83, a quick ratio of 1.20 and a current ratio of 1.20. The firm has a market capitalization of $3.86 billion, a price-to-earnings ratio of 21.33, a price-to-earnings-growth ratio of 1.81 and a beta of 1.23. Insperity, Inc. has a fifty-two week low of $93.88 and a fifty-two week high of $131.09. The stock’s fifty day moving average is $109.29 and its two-hundred day moving average is $115.94.

Insperity (NYSE:NSP) last posted its earnings results on Tuesday, August 1st. The business services provider reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.89 by ($0.56). The firm had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.54 billion. Insperity had a net margin of 2.92% and a return on equity of 180.77%. Analysts predict that Insperity, Inc. will post 3.74 EPS for the current fiscal year.

Insperity Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 22nd. Investors of record on Friday, September 8th will be paid a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 2.25%. The ex-dividend date is Thursday, September 7th. Insperity’s payout ratio is currently 48.00%.

Insperity Company Profile

Insperity, Inc engages in the provision of human resources (HR) and business solutions to improve business performance for small and medium-sized businesses. 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.