American Century Companies Inc. Grows Position in Insperity, Inc. (NYSE:NSP)

American Century Companies Inc. raised its stake in shares of Insperity, Inc. (NYSE:NSP) by 15.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,324 shares of the business services provider’s stock after purchasing an additional 3,946 shares during the period. American Century Companies Inc. owned 0.08% of Insperity worth $2,675,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in the business. Janney Montgomery Scott LLC increased its stake in shares of Insperity by 5.9% in the fourth quarter. Janney Montgomery Scott LLC now owns 4,052 shares of the business services provider’s stock worth $475,000 after acquiring an additional 227 shares during the period. Capstone Investment Advisors LLC acquired a new stake in shares of Insperity in the fourth quarter valued at $224,000. First Trust Advisors LP raised its holdings in Insperity by 23.2% in the fourth quarter. First Trust Advisors LP now owns 227,749 shares of the business services provider’s stock valued at $26,697,000 after acquiring an additional 42,949 shares in the last quarter. Sunriver Management LLC lifted its position in shares of Insperity by 23.4% during the 4th quarter. Sunriver Management LLC now owns 226,192 shares of the business services provider’s stock worth $26,514,000 after buying an additional 42,869 shares during the last quarter. Finally, Personal CFO Solutions LLC grew its holdings in shares of Insperity by 5.2% during the fourth quarter. Personal CFO Solutions LLC now owns 3,406 shares of the business services provider’s stock worth $399,000 after buying an additional 169 shares during the last quarter. 93.44% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CEO Paul J. Sarvadi sold 16,123 shares of the stock in a transaction that occurred 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 $46,956,967.67. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 5.50% of the stock is currently owned by company insiders.

Insperity Stock Up 0.5 %

Shares of NYSE:NSP opened at $86.99 on Friday. The company has a debt-to-equity ratio of 2.60, a quick ratio of 1.17 and a current ratio of 1.17. Insperity, Inc. has a 1 year low of $84.78 and a 1 year high of $119.40. The stock has a 50-day simple moving average of $92.91 and a 200-day simple moving average of $97.60. The stock has a market capitalization of $3.28 billion, a P/E ratio of 21.27, a PEG ratio of 2.50 and a beta of 1.12.

Insperity (NYSE:NSP) last announced its 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. Insperity had a return on equity of 138.16% and a net margin of 2.46%. The company had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.62 billion. During the same period in the prior year, the company posted $0.33 EPS. Insperity’s quarterly revenue was up 1.3% on a year-over-year basis. Equities analysts forecast that Insperity, Inc. will post 2.43 earnings per share for the current year.

Insperity Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th were given a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 2.76%. The ex-dividend date of this dividend was Thursday, September 5th. Insperity’s dividend payout ratio (DPR) is presently 58.68%.

Analyst Upgrades and Downgrades

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

Insperity 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.