Insperity Inc (NSP) Shares Bought by LPL Financial LLC

LPL Financial LLC raised its position in shares of Insperity Inc (NYSE:NSP) by 20.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,691 shares of the business services provider’s stock after buying an additional 631 shares during the period. LPL Financial LLC’s holdings in Insperity were worth $345,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brasada Capital Management LP purchased a new position in Insperity in the 4th quarter valued at about $29,000. Quantamental Technologies LLC acquired a new stake in shares of Insperity in the 4th quarter valued at about $65,000. Meeder Asset Management Inc. acquired a new stake in shares of Insperity in the 4th quarter valued at about $97,000. Northern Oak Wealth Management Inc. acquired a new stake in shares of Insperity in the 3rd quarter valued at about $106,000. Finally, Rehmann Capital Advisory Group raised its stake in shares of Insperity by 11,439.5% in the 3rd quarter. Rehmann Capital Advisory Group now owns 21,348 shares of the business services provider’s stock valued at $181,000 after purchasing an additional 21,163 shares in the last quarter. Institutional investors and hedge funds own 82.77% of the company’s stock.

NSP traded down $3.81 on Friday, hitting $121.06. 618,037 shares of the company’s stock were exchanged, compared to its average volume of 317,023. Insperity Inc has a twelve month low of $73.95 and a twelve month high of $132.50. The firm has a market cap of $4.99 billion, a price-to-earnings ratio of 35.92, a price-to-earnings-growth ratio of 1.65 and a beta of 1.09. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 1.86.

Insperity (NYSE:NSP) last announced its quarterly earnings results on Monday, February 11th. The business services provider reported $0.69 EPS for the quarter, beating the consensus estimate of $0.65 by $0.04. Insperity had a net margin of 3.52% and a return on equity of 126.19%. The company had revenue of $966.80 million for the quarter, compared to analyst estimates of $959.22 million. During the same quarter last year, the business earned $0.55 earnings per share. Insperity’s revenue was up 17.0% compared to the same quarter last year. Research analysts anticipate that Insperity Inc will post 4.08 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Thursday, March 14th were paid a $0.30 dividend. The ex-dividend date of this dividend was Wednesday, March 13th. This represents a $1.20 annualized dividend and a dividend yield of 0.99%. This is a positive change from Insperity’s previous quarterly dividend of $0.20. Insperity’s dividend payout ratio (DPR) is presently 35.61%.

NSP has been the topic of several research reports. SunTrust Banks increased their price objective on shares of Insperity to $129.00 and gave the stock a “hold” rating in a research note on Tuesday, February 12th. Zacks Investment Research lowered shares of Insperity from a “buy” rating to a “hold” rating in a research note on Friday, January 25th. ValuEngine upgraded shares of Insperity from a “hold” rating to a “buy” rating in a research note on Thursday, January 24th. Finally, Roth Capital increased their price objective on shares of Insperity from $134.00 to $143.00 and gave the stock a “buy” rating in a research note on Tuesday, February 19th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $123.80.

In other news, SVP James D. Allison sold 2,000 shares of the stock in a transaction that occurred on Monday, February 11th. The shares were sold at an average price of $125.00, for a total value of $250,000.00. Following the completion of the transaction, the senior vice president now directly owns 26,087 shares in the company, valued at $3,260,875. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Arthur A. Arizpe sold 8,000 shares of the stock in a transaction that occurred on Friday, April 5th. The shares were sold at an average price of $130.00, for a total transaction of $1,040,000.00. Following the completion of the transaction, the executive vice president now owns 42,633 shares of the company’s stock, valued at $5,542,290. The disclosure for this sale can be found here. Insiders sold 133,974 shares of company stock worth $16,911,882 in the last 90 days. 9.58% of the stock is owned by company insiders.

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Insperity Company Profile

Insperity, Inc provides human resources (HR) and business solutions to enhance business performance for small and medium-sized businesses in the United States. The company offers its HR services through its Workforce Optimization and Workforce Synchronization solutions, which 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.

Further Reading: Momentum Investing

Institutional Ownership by Quarter for Insperity (NYSE:NSP)

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