Insperity, Inc. (NYSE:NSP) Shares Sold by Diversified Trust Co

Diversified Trust Co cut its holdings in shares of Insperity, Inc. (NYSE:NSP) by 73.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,531 shares of the business services provider’s stock after selling 6,851 shares during the quarter. Diversified Trust Co’s holdings in Insperity were worth $223,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Mawer Investment Management Ltd. boosted its holdings in shares of Insperity by 18.5% during the 1st quarter. Mawer Investment Management Ltd. now owns 4,991,238 shares of the business services provider’s stock worth $547,090,000 after purchasing an additional 780,917 shares during the last quarter. Vanguard Group Inc. lifted its position in Insperity by 4.9% during the first quarter. Vanguard Group Inc. now owns 3,911,104 shares of the business services provider’s stock worth $428,696,000 after buying an additional 182,773 shares in the last quarter. Reinhart Partners LLC. boosted its stake in Insperity by 13.3% during the second quarter. Reinhart Partners LLC. now owns 1,013,874 shares of the business services provider’s stock worth $92,475,000 after buying an additional 118,902 shares during the last quarter. Earnest Partners LLC grew its holdings in Insperity by 4.9% in the 1st quarter. Earnest Partners LLC now owns 1,291,138 shares of the business services provider’s stock valued at $141,522,000 after buying an additional 60,852 shares in the last quarter. Finally, Renaissance Technologies LLC purchased a new stake in Insperity in the 2nd quarter valued at $5,536,000. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Insider Buying and Selling at Insperity

In other Insperity news, CEO Paul J. Sarvadi sold 16,123 shares of Insperity stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $92.23, for a total transaction of $1,487,024.29. Following the completion of the sale, the chief executive officer now directly owns 509,129 shares in the company, valued at $46,956,967.67. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 5.50% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Separately, William Blair lowered Insperity from an “outperform” rating to a “market perform” rating in a report on Tuesday, September 24th.

Insperity Stock Performance

Insperity stock opened at $87.55 on Friday. The stock has a market cap of $3.29 billion, a price-to-earnings ratio of 20.65, a price-to-earnings-growth ratio of 2.39 and a beta of 1.11. The company has a debt-to-equity ratio of 2.60, a current ratio of 1.17 and a quick ratio of 1.17. The firm has a 50 day simple moving average of $90.01 and a 200-day simple moving average of $96.61. Insperity, Inc. has a 1-year low of $84.25 and a 1-year high of $119.40.

Insperity (NYSE:NSP) last posted its earnings results on Thursday, August 1st. The business services provider reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $1.62 billion. During the same quarter last year, the firm earned $0.33 earnings per share. The firm’s quarterly revenue was up 1.3% compared to the same quarter last year. On average, analysts expect that Insperity, Inc. will post 2.43 EPS for the current year.

Insperity Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Investors of record on Thursday, September 5th were issued a $0.60 dividend. The ex-dividend date was Thursday, September 5th. This represents a $2.40 annualized dividend and a yield of 2.74%. Insperity’s dividend payout ratio (DPR) is currently 56.60%.

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.