Capstone Investment Advisors LLC Purchases Shares of 1,911 Insperity, Inc. (NYSE:NSP)

Capstone Investment Advisors LLC purchased a new stake in Insperity, Inc. (NYSE:NSPFree Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,911 shares of the business services provider’s stock, valued at approximately $224,000.

Other large investors also recently modified their holdings of the company. Olympiad Research LP bought a new stake in Insperity during the 4th quarter worth approximately $427,000. Hohimer Wealth Management LLC lifted its holdings in Insperity by 4.0% during the 4th quarter. Hohimer Wealth Management LLC now owns 4,271 shares of the business services provider’s stock worth $501,000 after buying an additional 164 shares in the last quarter. Ontario Teachers Pension Plan Board lifted its holdings in Insperity by 279.1% during the 4th quarter. Ontario Teachers Pension Plan Board now owns 57,167 shares of the business services provider’s stock worth $6,701,000 after buying an additional 42,088 shares in the last quarter. Aigen Investment Management LP lifted its holdings in Insperity by 72.5% during the 4th quarter. Aigen Investment Management LP now owns 4,615 shares of the business services provider’s stock worth $541,000 after buying an additional 1,940 shares in the last quarter. Finally, Quest Partners LLC acquired a new position in Insperity during the 4th quarter worth $92,000. 93.44% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, CEO Paul J. Sarvadi sold 12,183 shares of the business’s stock in a transaction on Thursday, May 30th. The shares were sold at an average price of $95.41, for a total value of $1,162,380.03. Following 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 SEC, which is accessible through the SEC website. In related news, CEO Paul J. Sarvadi sold 12,183 shares of the business’s stock in a transaction on Thursday, May 30th. The shares were sold at an average price of $95.41, for a total value of $1,162,380.03. Following 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 SEC, which is accessible through the SEC website. Also, CFO Douglas S. Sharp sold 5,212 shares of the business’s stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $104.47, for a total transaction of $544,497.64. Following the completion of the sale, the chief financial officer now directly owns 28,516 shares in the company, valued at approximately $2,979,066.52. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 20,695 shares of company stock valued at $2,044,864. 5.50% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. StockNews.com raised Insperity from a “hold” rating to a “buy” rating in a research note on Thursday, May 9th. TheStreet downgraded Insperity from a “b” rating to a “c+” rating in a research note on Monday, February 12th. William Blair reiterated an “outperform” rating on shares of Insperity in a report on Friday, May 17th. Finally, Robert W. Baird increased their target price on Insperity from $105.00 to $109.00 and gave the stock a “neutral” rating in a report on Friday, May 17th. Two research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $109.50.

View Our Latest Research Report on NSP

Insperity Stock Up 1.2 %

NYSE NSP opened at $95.90 on Tuesday. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 2.64. Insperity, Inc. has a 1-year low of $90.80 and a 1-year high of $128.91. The company has a 50 day moving average of $104.51 and a 200-day moving average of $107.73. The company has a market cap of $3.61 billion, a price-to-earnings ratio of 23.45, a PEG ratio of 2.83 and a beta of 1.14.

Insperity (NYSE:NSPGet Free Report) last released its quarterly earnings results on Wednesday, May 1st. The business services provider reported $2.08 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $1.81 billion. On average, equities research analysts expect that Insperity, Inc. will post 2.23 earnings per share for the current fiscal year.

Insperity Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 21st. Shareholders of record on Friday, June 7th will be paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.50%. The ex-dividend date is Friday, June 7th. This is a boost from Insperity’s previous quarterly dividend of $0.57. Insperity’s payout ratio is presently 55.75%.

Insperity Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Insperity (NYSE:NSP)

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