Insperity Inc (NSP) Position Lifted by Capital Impact Advisors LLC

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Capital Impact Advisors LLC increased its position in Insperity Inc (NYSE:NSP) by 4.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 24,319 shares of the business services provider’s stock after buying an additional 1,084 shares during the period. Insperity comprises approximately 1.0% of Capital Impact Advisors LLC’s holdings, making the stock its 25th largest position. Capital Impact Advisors LLC owned 0.06% of Insperity worth $2,809,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of NSP. Legal & General Group Plc boosted its holdings in shares of Insperity by 7.0% during the 2nd quarter. Legal & General Group Plc now owns 81,048 shares of the business services provider’s stock valued at $7,680,000 after purchasing an additional 5,336 shares during the last quarter. MetLife Investment Advisors LLC boosted its holdings in shares of Insperity by 10.5% during the 2nd quarter. MetLife Investment Advisors LLC now owns 17,458 shares of the business services provider’s stock valued at $1,663,000 after purchasing an additional 1,663 shares during the last quarter. State Board of Administration of Florida Retirement System boosted its holdings in shares of Insperity by 47.5% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 37,087 shares of the business services provider’s stock valued at $3,533,000 after purchasing an additional 11,948 shares during the last quarter. OppenheimerFunds Inc. boosted its holdings in shares of Insperity by 248.3% during the 2nd quarter. OppenheimerFunds Inc. now owns 100,542 shares of the business services provider’s stock valued at $9,576,000 after purchasing an additional 71,672 shares during the last quarter. Finally, BlackRock Inc. boosted its holdings in shares of Insperity by 14.1% during the 2nd quarter. BlackRock Inc. now owns 6,139,453 shares of the business services provider’s stock valued at $584,781,000 after purchasing an additional 757,054 shares during the last quarter. 81.96% of the stock is owned by institutional investors.

Shares of NYSE NSP opened at $109.71 on Friday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.15 and a current ratio of 1.15. The stock has a market cap of $4.66 billion, a PE ratio of 39.27, a price-to-earnings-growth ratio of 1.95 and a beta of 0.81. Insperity Inc has a 12-month low of $46.17 and a 12-month high of $121.15.

Insperity (NYSE:NSP) last announced its earnings results on Wednesday, August 1st. The business services provider reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.08. The firm had revenue of $922.30 million for the quarter, compared to analysts’ expectations of $900.20 million. Insperity had a net margin of 3.06% and a return on equity of 122.44%. The business’s revenue was up 15.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.82 EPS. As a group, sell-side analysts expect that Insperity Inc will post 3.17 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 28th. Stockholders of record on Monday, September 17th were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 0.73%. The ex-dividend date was Friday, September 14th. Insperity’s dividend payout ratio is 39.22%.

Several research analysts have commented on the stock. Zacks Investment Research raised shares of Insperity from a “hold” rating to a “buy” rating and set a $119.00 price objective for the company in a report on Tuesday, August 7th. First Analysis reissued an “equal weight” rating on shares of Insperity in a report on Thursday, August 2nd. Finally, Roth Capital increased their price objective on shares of Insperity from $88.00 to $123.00 and gave the company a “buy” rating in a report on Wednesday, August 1st. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Insperity currently has an average rating of “Buy” and an average price target of $104.80.

In other news, Chairman Paul J. Sarvadi sold 45,000 shares of the company’s stock in a transaction dated Monday, August 6th. The shares were sold at an average price of $104.97, for a total transaction of $4,723,650.00. Following the sale, the chairman now directly owns 582,052 shares in the company, valued at approximately $61,097,998.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Arthur A. Arizpe sold 15,000 shares of the company’s stock in a transaction dated Thursday, August 9th. The shares were sold at an average price of $108.50, for a total transaction of $1,627,500.00. The disclosure for this sale can be found here. Insiders have sold a total of 169,663 shares of company stock worth $18,651,192 over the last 90 days. Corporate insiders own 9.58% of the company’s stock.

Insperity Profile

Insperity, Inc provides human resources (HR) and business solutions to enhance business performance for small and medium-sized businesses in the United States. The company offers its HR services through its Workforce Optimization and Workforce Synchronization solutions, which encompasses a range of human resources functions comprising payroll and employment administration, employee benefits, workers' compensation, government compliance, performance management and training, and development services.

Further Reading: Cash Flow Analysis in Stock Selection

Institutional Ownership by Quarter for Insperity (NYSE:NSP)

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