Beverly Hills Private Wealth LLC Sells 309 Shares of Insperity, Inc. (NYSE:NSP)

Beverly Hills Private Wealth LLC reduced its stake in Insperity, Inc. (NYSE:NSP) by 6.4% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 4,543 shares of the business services provider’s stock after selling 309 shares during the quarter. Beverly Hills Private Wealth LLC’s holdings in Insperity were worth $414,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mawer Investment Management Ltd. raised its position in shares of Insperity by 4.0% in the second quarter. Mawer Investment Management Ltd. now owns 5,188,547 shares of the business services provider’s stock valued at $473,247,000 after purchasing an additional 197,309 shares during the period. Vanguard Group Inc. raised its holdings in Insperity by 4.9% in the 1st quarter. Vanguard Group Inc. now owns 3,911,104 shares of the business services provider’s stock worth $428,696,000 after acquiring an additional 182,773 shares during the period. Earnest Partners LLC lifted its position in Insperity by 4.9% during the 1st quarter. Earnest Partners LLC now owns 1,291,138 shares of the business services provider’s stock worth $141,522,000 after acquiring an additional 60,852 shares during the last quarter. Reinhart Partners LLC. boosted its holdings 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 valued at $92,475,000 after acquiring an additional 118,902 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in shares of Insperity by 2.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 702,844 shares of the business services provider’s stock valued at $82,386,000 after purchasing an additional 19,096 shares during the last quarter. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Insperity Stock Performance

NYSE:NSP opened at $86.66 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. The firm’s 50-day moving average is $93.70 and its 200-day moving average is $98.34. Insperity, Inc. has a 52-week low of $84.78 and a 52-week high of $119.40. The company has a market cap of $3.26 billion, a price-to-earnings ratio of 21.19, a PEG ratio of 2.42 and a beta of 1.12.

Insperity (NYSE:NSP) last issued its quarterly earnings results on Thursday, August 1st. The business services provider reported $0.86 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.62 billion. During the same period in the previous year, the company posted $0.33 earnings per share. The company’s quarterly revenue was up 1.3% compared to the same quarter last year. Equities research analysts anticipate that Insperity, Inc. will post 2.39 earnings per share for the current year.

Insperity Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th will be issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 2.77%. The ex-dividend date is Thursday, September 5th. Insperity’s dividend payout ratio (DPR) is presently 58.68%.

Analyst Ratings Changes

Several equities analysts recently weighed in on NSP shares. William Blair reissued an “outperform” rating on shares of Insperity in a research report on Friday, May 17th. Robert W. Baird upped their price target on Insperity from $105.00 to $109.00 and gave the stock a “neutral” rating in a report on Friday, May 17th.

Insider Activity

In other 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 sale, the chief executive officer now directly owns 509,129 shares in the company, valued at approximately $46,956,967.67. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 5.50% of the company’s stock.

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.