Trinity Legacy Partners LLC Purchases 1,818 Shares of Insperity, Inc. (NYSE:NSP)

Trinity Legacy Partners LLC grew its position in shares of Insperity, Inc. (NYSE:NSP) by 0.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 223,398 shares of the business services provider’s stock after buying an additional 1,818 shares during the quarter. Insperity makes up about 5.8% of Trinity Legacy Partners LLC’s investment portfolio, making the stock its largest holding. Trinity Legacy Partners LLC owned approximately 0.59% of Insperity worth $20,376,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in NSP. Retirement Systems of Alabama lifted its stake in Insperity by 0.3% in the first quarter. Retirement Systems of Alabama now owns 44,484 shares of the business services provider’s stock valued at $4,876,000 after acquiring an additional 126 shares during the last quarter. Andina Capital Management LLC boosted its holdings in Insperity by 5.4% in the second quarter. Andina Capital Management LLC now owns 2,736 shares of the business services provider’s stock worth $250,000 after purchasing an additional 140 shares in the last quarter. Grandeur Peak Global Advisors LLC increased its position in Insperity by 0.3% during the first quarter. Grandeur Peak Global Advisors LLC now owns 43,984 shares of the business services provider’s stock worth $4,821,000 after buying an additional 146 shares during the last quarter. Personal CFO Solutions LLC raised its holdings in Insperity by 5.2% during the fourth quarter. Personal CFO Solutions LLC now owns 3,406 shares of the business services provider’s stock valued at $399,000 after buying an additional 169 shares in the last quarter. Finally, Arizona State Retirement System lifted its position in shares of Insperity by 1.9% in the second quarter. Arizona State Retirement System now owns 9,918 shares of the business services provider’s stock worth $905,000 after buying an additional 185 shares during the last quarter. Institutional investors own 93.44% of the company’s stock.

Insider Transactions at Insperity

In other Insperity news, CEO Paul J. Sarvadi sold 16,123 shares of the stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $92.23, for a total value of $1,487,024.29. Following the completion of the sale, the chief executive officer now directly owns 509,129 shares of the company’s stock, valued at approximately $46,956,967.67. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 5.50% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Separately, William Blair downgraded Insperity from an “outperform” rating to a “market perform” rating in a research note on Tuesday.

Insperity Price Performance

NYSE NSP opened at $86.88 on Wednesday. Insperity, Inc. has a 1 year low of $84.78 and a 1 year high of $119.40. The company has a fifty day simple moving average of $93.46 and a 200 day simple moving average of $97.75. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 2.60. The company has a market cap of $3.26 billion, a P/E ratio of 21.24, a P/E/G ratio of 2.50 and a beta of 1.12.

Insperity (NYSE:NSP) last released its quarterly earnings results on Thursday, August 1st. The business services provider reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.14. The company had revenue of $1.61 billion during the quarter, compared to analysts’ expectations of $1.62 billion. Insperity had a net margin of 2.46% and a return on equity of 138.16%. The business’s quarterly revenue was up 1.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.33 earnings per share. On average, sell-side analysts predict that Insperity, Inc. will post 2.43 EPS for the current year.

Insperity Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Stockholders of record on Thursday, September 5th were given a $0.60 dividend. The ex-dividend date of this dividend was Thursday, September 5th. This represents a $2.40 annualized dividend and a dividend yield of 2.76%. Insperity’s dividend payout ratio is 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.