Diversified Trust Co Trims Position in Insperity, Inc. (NYSE:NSP)

Diversified Trust Co trimmed its holdings in Insperity, Inc. (NYSE:NSP) by 21.7% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 8,695 shares of the business services provider’s stock after selling 2,414 shares during the period. Diversified Trust Co’s holdings in Insperity were worth $953,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in NSP. Norges Bank purchased a new stake in shares of Insperity in the fourth quarter valued at about $42,085,000. Mawer Investment Management Ltd. increased its stake in shares of Insperity by 5.6% during the fourth quarter. Mawer Investment Management Ltd. now owns 4,210,321 shares of the business services provider’s stock worth $493,534,000 after acquiring an additional 224,772 shares during the period. Earnest Partners LLC increased its stake in shares of Insperity by 24.7% during the third quarter. Earnest Partners LLC now owns 1,045,622 shares of the business services provider’s stock worth $102,053,000 after acquiring an additional 207,283 shares during the period. Sei Investments Co. increased its stake in shares of Insperity by 40.5% during the fourth quarter. Sei Investments Co. now owns 655,579 shares of the business services provider’s stock worth $76,846,000 after acquiring an additional 188,894 shares during the period. Finally, AQR Capital Management LLC increased its stake in shares of Insperity by 57.4% during the third quarter. AQR Capital Management LLC now owns 341,972 shares of the business services provider’s stock worth $33,376,000 after acquiring an additional 124,763 shares during the period. 93.44% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Paul J. Sarvadi sold 12,183 shares of the stock in a transaction that occurred on Thursday, May 30th. The shares were sold at an average price of $95.41, for a total value of $1,162,380.03. Following the sale, the chief executive officer now directly owns 525,252 shares in the company, valued at $50,114,293.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CFO Douglas S. Sharp sold 5,212 shares of the firm’s stock in a transaction that occurred on Wednesday, May 8th. The shares were sold at an average price of $104.47, for a total transaction of $544,497.64. Following the sale, the chief financial officer now owns 28,516 shares in the company, valued at $2,979,066.52. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Paul J. Sarvadi sold 12,183 shares of the firm’s stock in a transaction that occurred on Thursday, May 30th. The stock was sold at an average price of $95.41, for a total transaction of $1,162,380.03. Following the sale, the chief executive officer now owns 525,252 shares in the company, valued at approximately $50,114,293.32. The disclosure for this sale can be found here. Insiders have sold 20,695 shares of company stock worth $2,044,864 over the last ninety days. 5.50% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on NSP. StockNews.com upgraded shares of Insperity from a “hold” rating to a “buy” rating in a research note on Thursday, May 9th. Robert W. Baird boosted their price target on shares of Insperity from $105.00 to $109.00 and gave the stock a “neutral” rating in a research note on Friday, May 17th. Finally, William Blair reiterated an “outperform” rating on shares of Insperity in a research note on Friday, May 17th. Two analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Insperity presently has an average rating of “Moderate Buy” and an average target price of $109.50.

Insperity Trading Down 1.3 %

Shares of NSP opened at $90.00 on Tuesday. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 2.64. The firm’s 50-day moving average is $99.16 and its two-hundred day moving average is $104.73. Insperity, Inc. has a twelve month low of $89.72 and a twelve month high of $123.21. The firm has a market capitalization of $3.39 billion, a P/E ratio of 22.00, a PEG ratio of 2.50 and a beta of 1.13.

Insperity (NYSE:NSP) last issued its earnings results on Wednesday, May 1st. The business services provider reported $2.08 earnings per share for the quarter, topping the consensus estimate of $1.84 by $0.24. The company had revenue of $1.80 billion for the quarter, compared to analyst estimates of $1.81 billion. Insperity had a net margin of 2.39% and a return on equity of 137.14%. On average, research analysts predict that Insperity, Inc. will post 2.43 earnings per share for the current fiscal year.

Insperity Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 21st. Stockholders of record on Friday, June 7th were given a $0.60 dividend. The ex-dividend date was Friday, June 7th. This is a positive change from Insperity’s previous quarterly dividend of $0.57. This represents a $2.40 annualized dividend and a dividend yield of 2.67%. Insperity’s dividend payout ratio is currently 58.68%.

Insperity Company Profile

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.