Resources Management Corp CT ADV Makes New Investment in Insperity Inc (NYSE:NSP)

Resources Management Corp CT ADV acquired a new position in Insperity Inc (NYSE:NSP) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 350 shares of the business services provider’s stock, valued at approximately $35,000.

Several other institutional investors have also added to or reduced their stakes in NSP. Advisors Preferred LLC boosted its position in Insperity by 68.8% during the 2nd quarter. Advisors Preferred LLC now owns 351 shares of the business services provider’s stock worth $44,000 after purchasing an additional 143 shares during the period. US Bancorp DE lifted its stake in shares of Insperity by 279.1% during the second quarter. US Bancorp DE now owns 436 shares of the business services provider’s stock worth $53,000 after purchasing an additional 321 shares in the last quarter. Steward Partners Investment Advisory LLC acquired a new position in shares of Insperity during the second quarter worth about $79,000. Tower Research Capital LLC TRC boosted its position in shares of Insperity by 8,187.5% in the second quarter. Tower Research Capital LLC TRC now owns 663 shares of the business services provider’s stock worth $81,000 after buying an additional 655 shares during the period. Finally, Private Capital Group LLC boosted its position in shares of Insperity by 40.0% in the second quarter. Private Capital Group LLC now owns 1,099 shares of the business services provider’s stock worth $105,000 after buying an additional 314 shares during the period. 83.67% of the stock is owned by institutional investors.

NYSE NSP opened at $79.13 on Friday. The stock has a market cap of $3.11 billion, a P/E ratio of 23.48, a PEG ratio of 1.44 and a beta of 0.93. The company’s fifty day simple moving average is $84.98 and its 200-day simple moving average is $104.35. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 5.84. Insperity Inc has a 52 week low of $67.06 and a 52 week high of $144.92.

Insperity (NYSE:NSP) last released its quarterly earnings results on Monday, November 4th. The business services provider reported $0.75 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.01 by ($0.26). Insperity had a net margin of 3.69% and a return on equity of 166.72%. The firm had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.04 billion. During the same period in the previous year, the business posted $0.96 earnings per share. Insperity’s revenue for the quarter was up 12.8% on a year-over-year basis. On average, research analysts expect that Insperity Inc will post 3.59 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Friday, December 6th will be paid a dividend of $0.30 per share. The ex-dividend date is Thursday, December 5th. This represents a $1.20 annualized dividend and a dividend yield of 1.52%. Insperity’s dividend payout ratio is presently 35.61%.

In related news, Director Richard G. Rawson sold 1,524 shares of the business’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $103.04, for a total value of $157,032.96. Following the transaction, the director now owns 100,616 shares in the company, valued at $10,367,472.64. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Paul J. Sarvadi sold 1,300 shares of the business’s stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $102.52, for a total value of $133,276.00. Following the completion of the transaction, the chief executive officer now owns 679,878 shares in the company, valued at approximately $69,701,092.56. The disclosure for this sale can be found here. Insiders have sold 14,535 shares of company stock valued at $1,297,639 over the last 90 days. Insiders own 6.86% of the company’s stock.

Several brokerages recently commented on NSP. SunTrust Banks dropped their target price on Insperity to $128.00 and set an “accumulate” rating on the stock in a report on Tuesday, November 5th. Robert W. Baird set a $141.00 price target on Insperity and gave the stock a “buy” rating in a research report on Wednesday, August 21st. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Insperity presently has a consensus rating of “Buy” and an average target price of $135.00.

Insperity 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.

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Institutional Ownership by Quarter for Insperity (NYSE:NSP)

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