Public Employees Retirement System of Ohio cut its holdings in shares of Insperity, Inc. (NYSE:NSP) by 68.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,566 shares of the company’s stock after selling 14,489 shares during the period. Public Employees Retirement System of Ohio’s holdings in Insperity were worth $466,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of NSP. UBS Asset Management Americas Inc. increased its position in shares of Insperity by 107.1% during the first quarter. UBS Asset Management Americas Inc. now owns 7,326 shares of the company’s stock worth $649,000 after purchasing an additional 3,789 shares in the last quarter. Teachers Advisors LLC increased its position in shares of Insperity by 156.0% during the first quarter. Teachers Advisors LLC now owns 213,397 shares of the company’s stock worth $18,918,000 after purchasing an additional 130,047 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Insperity by 5.5% during the first quarter. Vanguard Group Inc. now owns 2,151,051 shares of the company’s stock worth $190,691,000 after purchasing an additional 111,896 shares in the last quarter. UBS Group AG increased its position in shares of Insperity by 69.7% during the first quarter. UBS Group AG now owns 6,085 shares of the company’s stock worth $540,000 after purchasing an additional 2,500 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. increased its position in shares of Insperity by 6.0% during the first quarter. Schwab Charles Investment Management Inc. now owns 109,578 shares of the company’s stock worth $9,715,000 after purchasing an additional 6,197 shares in the last quarter. 81.59% of the stock is currently owned by institutional investors and hedge funds.

NSP has been the topic of a number of recent analyst reports. Robert W. Baird reaffirmed a “buy” rating and set a $112.00 price target on shares of Insperity in a research report on Friday. Roth Capital raised Insperity from a “neutral” rating to a “buy” rating and upped their price target for the stock from $84.00 to $92.00 in a research report on Tuesday, August 1st. Zacks Investment Research raised Insperity from a “hold” rating to a “buy” rating and set a $94.00 price target on the stock in a research report on Monday, August 7th. BidaskClub raised Insperity from a “sell” rating to a “hold” rating in a research report on Sunday, August 6th. Finally, SunTrust Banks, Inc. reissued a “hold” rating and set a $110.00 price objective on shares of Insperity in a report on Friday, November 3rd. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of C$101.20.

In other news, Director Mckenna Michelle sold 600 shares of the business’s stock in a transaction on Wednesday, August 23rd. The shares were sold at an average price of C$79.69, for a total transaction of C$47,814.00. Following the sale, the director now directly owns 1,145 shares of the company’s stock, valued at C$91,245.05. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Jon Craig Goodwin purchased 200,000 shares of the stock in a transaction on Monday, October 16th. The stock was acquired at an average cost of C$0.18 per share, for a total transaction of C$36,000.00. Over the last three months, insiders have bought 590,667 shares of company stock worth $106,280 and have sold 327,025 shares worth $10,766,557. 13.92% of the stock is owned by insiders.

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Shares of Insperity, Inc. (NYSE NSP) opened at C$106.20 on Monday. The firm has a market cap of $2,213.51, a price-to-earnings ratio of 28.40, a PEG ratio of 1.50 and a beta of 0.82. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.02. Insperity, Inc. has a 1-year low of C$69.20 and a 1-year high of C$106.95.

Insperity (NYSE:NSP) last announced its quarterly earnings data on Wednesday, November 1st. The company reported C$1.14 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.98 by C$0.16. The firm had revenue of C$795.50 million for the quarter, compared to analyst estimates of C$786.44 million. Insperity had a net margin of 2.43% and a return on equity of 94.38%. The business’s quarterly revenue was up 13.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.78 earnings per share. analysts predict that Insperity, Inc. will post 3.94 EPS for the current fiscal year.

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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