Ameriprise Financial Inc. lessened its holdings in shares of Insperity, Inc. (NYSE:NSP) by 1.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 122,796 shares of the business services provider’s stock after selling 2,193 shares during the period. Ameriprise Financial Inc. owned about 0.59% of Insperity worth $10,806,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Victory Capital Management Inc. boosted its holdings in shares of Insperity by 17.7% in the second quarter. Victory Capital Management Inc. now owns 1,445 shares of the business services provider’s stock valued at $103,000 after purchasing an additional 217 shares during the period. Ameritas Investment Partners Inc. boosted its holdings in shares of Insperity by 18.6% in the second quarter. Ameritas Investment Partners Inc. now owns 1,608 shares of the business services provider’s stock valued at $114,000 after purchasing an additional 252 shares during the period. DekaBank Deutsche Girozentrale boosted its holdings in shares of Insperity by 78.2% in the third quarter. DekaBank Deutsche Girozentrale now owns 1,611 shares of the business services provider’s stock valued at $134,000 after purchasing an additional 707 shares during the period. Profund Advisors LLC boosted its holdings in shares of Insperity by 18.0% in the second quarter. Profund Advisors LLC now owns 3,045 shares of the business services provider’s stock valued at $216,000 after purchasing an additional 465 shares during the period. Finally, LS Investment Advisors LLC boosted its holdings in shares of Insperity by 29.3% in the third quarter. LS Investment Advisors LLC now owns 2,527 shares of the business services provider’s stock valued at $222,000 after purchasing an additional 573 shares during the period. Institutional investors and hedge funds own 80.22% of the company’s stock.

Shares of Insperity, Inc. (NSP) opened at $58.45 on Wednesday. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.02. The stock has a market capitalization of $2,449.04, a P/E ratio of 31.42, a P/E/G ratio of 1.62 and a beta of 0.92. Insperity, Inc. has a twelve month low of $34.60 and a twelve month high of $59.30.

Insperity (NYSE:NSP) last announced its quarterly earnings results on Wednesday, November 1st. The business services provider reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.49 by $0.08. The firm had revenue of $795.50 million during the quarter, compared to analyst estimates of $786.44 million. Insperity had a return on equity of 94.38% and a net margin of 2.43%. Insperity’s quarterly revenue was up 13.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.39 earnings per share. research analysts expect that Insperity, Inc. will post 4.03 EPS for the current fiscal year.

The business also recently announced a dividend, which was paid on Monday, December 18th. Shareholders of record on Monday, December 4th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Friday, December 1st. Insperity’s dividend payout ratio is currently 32.35%.

Insperity announced that its board has authorized a share repurchase program on Thursday, November 16th that authorizes the company to buyback 500,000 shares. This buyback authorization authorizes the business services provider to reacquire shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

A number of analysts recently issued reports on the company. Zacks Investment Research lowered Insperity from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 3rd. Robert W. Baird reiterated a “buy” rating and issued a $56.00 price target on shares of Insperity in a report on Friday, November 10th. Finally, SunTrust Banks reiterated a “hold” rating and issued a $55.00 price target 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 given a hold rating and three have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $50.60.

In other Insperity news, SVP Daniel D. Herink sold 4,000 shares of the company’s stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $102.39, for a total transaction of $409,560.00. Following the completion of the sale, the senior vice president now owns 15,014 shares in the company, valued at $1,537,283.46. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Arthur A. Arizpe sold 5,000 shares of the company’s stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $117.01, for a total value of $585,050.00. The disclosure for this sale can be found here. In the last 90 days, insiders have acquired 586,667 shares of company stock valued at $105,600 and have sold 357,209 shares valued at $14,933,644. 13.92% of the stock is owned by corporate insiders.

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Insperity Company Profile

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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