Great West Life Assurance Co. Can increased its stake in Insperity, Inc. (NYSE:NSP) by 11.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 28,312 shares of the business services provider’s stock after buying an additional 2,903 shares during the period. Great West Life Assurance Co. Can owned about 0.13% of Insperity worth $2,007,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of NSP. Janney Montgomery Scott LLC raised its stake in Insperity by 16.1% in the second quarter. Janney Montgomery Scott LLC now owns 6,243 shares of the business services provider’s stock worth $443,000 after buying an additional 866 shares during the last quarter. Bowling Portfolio Management LLC boosted its position in Insperity by 42.1% in the second quarter. Bowling Portfolio Management LLC now owns 15,228 shares of the business services provider’s stock worth $1,081,000 after buying an additional 4,511 shares during the last quarter. Municipal Employees Retirement System of Michigan boosted its position in Insperity by 2.3% in the second quarter. Municipal Employees Retirement System of Michigan now owns 4,410 shares of the business services provider’s stock worth $313,000 after buying an additional 100 shares during the last quarter. First National Bank of Hutchinson boosted its position in Insperity by 1.1% in the second quarter. First National Bank of Hutchinson now owns 6,216 shares of the business services provider’s stock worth $453,000 after buying an additional 66 shares during the last quarter. Finally, Strs Ohio boosted its position in Insperity by 6.4% in the second quarter. Strs Ohio now owns 11,700 shares of the business services provider’s stock worth $830,000 after buying an additional 700 shares during the last quarter. 82.30% of the stock is owned by institutional investors.

Shares of Insperity, Inc. (NYSE NSP) opened at 80.35 on Friday. The company’s 50 day moving average price is $77.77 and its 200 day moving average price is $80.93. The firm has a market capitalization of $1.67 billion, a P/E ratio of 23.27 and a beta of 0.76. Insperity, Inc. has a one year low of $64.55 and a one year high of $93.65.

Insperity (NYSE:NSP) last issued its quarterly earnings results on Tuesday, August 1st. The business services provider reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.14. The company had revenue of $795.50 million for the quarter, compared to analyst estimates of $778.88 million. Insperity had a return on equity of 96.85% and a net margin of 2.34%. The company’s quarterly revenue was up 12.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.60 earnings per share. On average, analysts expect that Insperity, Inc. will post $4.55 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 22nd. Stockholders of record on Friday, September 8th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Thursday, September 7th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.49%. Insperity’s dividend payout ratio (DPR) is 34.68%.

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NSP has been the topic of a number of recent analyst reports. Roth Capital raised shares of Insperity from a “neutral” rating to a “buy” rating and upped their target price for the company from $84.00 to $92.00 in a research report on Tuesday, August 1st. Zacks Investment Research upgraded shares of Insperity from a “hold” rating to a “buy” rating and set a $94.00 target price on the stock in a research note on Monday, August 7th. Finally, BidaskClub upgraded shares of Insperity from a “strong sell” rating to a “sell” rating in a research note on Monday, July 31st. One investment analyst has rated the stock with a sell rating and four have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $94.00.

In other news, Director Mckenna Michelle sold 600 shares of the business’s stock in a transaction dated Wednesday, August 23rd. The stock was sold at an average price of $79.69, for a total value of $47,814.00. Following the sale, the director now directly owns 1,145 shares in the company, valued at $91,245.05. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Arthur A. Arizpe sold 2,500 shares of the business’s stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $85.00, for a total value of $212,500.00. Following the completion of the sale, the executive vice president now owns 23,653 shares in the company, valued at $2,010,505. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 106,310 shares of company stock worth $8,928,263. Corporate insiders own 27.47% of the company’s stock.

About Insperity

Insperity, Inc provides a range of human resources (HR) and business solutions. The Company’s HR services offerings are provided through its Workforce Optimization and Workforce Synchronization solutions (together, its professional employer organization (PEO) HR Outsourcing solutions), which encompass a range of human resources functions, including payroll and employment administration, employee benefits, workers’ compensation, performance management and training and development services, along with its cloud-based human capital management platform, the Employee Service Center (ESC).

Institutional Ownership by Quarter for Insperity (NYSE:NSP)

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