Insperity, Inc. (NYSE:NSP) Shares Purchased by First Trust Advisors LP

First Trust Advisors LP increased its position in shares of Insperity, Inc. (NYSE:NSPFree Report) by 23.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 227,749 shares of the business services provider’s stock after acquiring an additional 42,949 shares during the period. First Trust Advisors LP owned approximately 0.61% of Insperity worth $26,697,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of NSP. Norges Bank acquired a new position in Insperity during the fourth quarter worth about $42,085,000. Mawer Investment Management Ltd. increased its stake in Insperity by 5.6% in the 4th quarter. Mawer Investment Management Ltd. now owns 4,210,321 shares of the business services provider’s stock worth $493,534,000 after purchasing an additional 224,772 shares in the last quarter. Earnest Partners LLC increased its stake in Insperity by 24.7% in the 3rd quarter. Earnest Partners LLC now owns 1,045,622 shares of the business services provider’s stock worth $102,053,000 after purchasing an additional 207,283 shares in the last quarter. AQR Capital Management LLC increased its stake in Insperity by 57.4% in the 3rd quarter. AQR Capital Management LLC now owns 341,972 shares of the business services provider’s stock worth $33,376,000 after purchasing an additional 124,763 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA increased its stake in Insperity by 41.2% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 398,284 shares of the business services provider’s stock worth $46,687,000 after purchasing an additional 116,226 shares in the last quarter. 93.44% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

NSP has been the topic of a number of analyst reports. TheStreet cut Insperity from a “b” rating to a “c+” rating in a research note on Monday, February 12th. William Blair reissued an “outperform” rating on shares of Insperity in a research note on Friday, May 17th. StockNews.com raised Insperity from a “hold” rating to a “buy” rating in a research note on Thursday, May 9th. Finally, Robert W. Baird lifted their target price on Insperity from $105.00 to $109.00 and gave the company a “neutral” rating in a research note on Friday, May 17th. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, Insperity has an average rating of “Moderate Buy” and an average target price of $109.50.

Check Out Our Latest Report on Insperity

Insperity Trading Down 3.6 %

NYSE:NSP opened at $93.58 on Tuesday. 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 fifty-two week low of $90.80 and a fifty-two week high of $128.71. The stock’s 50-day moving average is $103.23 and its two-hundred day moving average is $107.11. The stock has a market cap of $3.52 billion, a PE ratio of 22.88, a price-to-earnings-growth ratio of 2.66 and a beta of 1.14.

Insperity (NYSE:NSPGet Free Report) last released its earnings results on Wednesday, May 1st. The business services provider reported $2.08 earnings per share for the quarter, beating the consensus estimate of $1.84 by $0.24. Insperity had a return on equity of 137.14% and a net margin of 2.39%. The company had revenue of $1.80 billion for the quarter, compared to analysts’ expectations of $1.81 billion. As a group, equities research analysts forecast that Insperity, Inc. will post 2.43 earnings per share for the current fiscal year.

Insperity Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 21st. Stockholders of record on Friday, June 7th will be issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 2.56%. This is a positive change from Insperity’s previous quarterly dividend of $0.57. The ex-dividend date of this dividend is Friday, June 7th. Insperity’s payout ratio is currently 58.68%.

Insider Activity

In other news, CFO Douglas S. Sharp sold 5,212 shares of Insperity stock in a transaction dated 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 sale was disclosed in a filing with the SEC, which can be accessed through this link. In other news, Director John M. Morphy sold 3,300 shares of Insperity stock in a transaction dated Thursday, May 23rd. The stock was sold at an average price of $102.42, for a total transaction 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 sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Douglas S. Sharp sold 5,212 shares of Insperity stock in a transaction dated Wednesday, May 8th. The shares were sold at an average price of $104.47, for a total value of $544,497.64. Following the sale, the chief financial officer now owns 28,516 shares of the company’s stock, valued at $2,979,066.52. The disclosure for this sale can be found here. Insiders sold a total of 20,695 shares of company stock worth $2,044,864 in the last three months. 5.50% of the stock is owned by insiders.

About Insperity

(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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