Hohimer Wealth Management LLC Decreases Position in Insperity, Inc. (NYSE:NSP)

Hohimer Wealth Management LLC trimmed its position in shares of Insperity, Inc. (NYSE:NSP) by 19.4% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,444 shares of the business services provider’s stock after selling 827 shares during the quarter. Hohimer Wealth Management LLC’s holdings in Insperity were worth $377,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of NSP. Mawer Investment Management Ltd. lifted its position in shares of Insperity by 5.6% in the fourth quarter. Mawer Investment Management Ltd. now owns 4,210,321 shares of the business services provider’s stock valued at $493,534,000 after acquiring an additional 224,772 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its position in shares of Insperity by 41.2% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 398,284 shares of the business services provider’s stock valued at $46,687,000 after acquiring an additional 116,226 shares in the last quarter. Assenagon Asset Management S.A. lifted its position in shares of Insperity by 189.2% in the fourth quarter. Assenagon Asset Management S.A. now owns 29,252 shares of the business services provider’s stock valued at $3,429,000 after acquiring an additional 19,137 shares in the last quarter. Sunriver Management LLC lifted its position in shares of Insperity by 23.4% in the fourth quarter. Sunriver Management LLC now owns 226,192 shares of the business services provider’s stock valued at $26,514,000 after acquiring an additional 42,869 shares in the last quarter. Finally, Laurus Investment Counsel Inc. lifted its position in shares of Insperity by 349.9% in the fourth quarter. Laurus Investment Counsel Inc. now owns 44,095 shares of the business services provider’s stock valued at $5,169,000 after acquiring an additional 34,295 shares in the last quarter. 93.44% of the stock is currently owned by hedge funds and other institutional investors.

Insperity Stock Up 4.1 %

Shares of NSP stock traded up $3.95 during trading hours on Tuesday, reaching $100.03. The company had a trading volume of 262,740 shares, compared to its average volume of 288,197. The company has a debt-to-equity ratio of 2.64, a quick ratio of 1.15 and a current ratio of 1.15. Insperity, Inc. has a twelve month low of $85.04 and a twelve month high of $123.21. The company has a market capitalization of $3.77 billion, a P/E ratio of 24.00, a price-to-earnings-growth ratio of 2.53 and a beta of 1.13. The stock’s fifty day simple moving average is $96.14 and its 200 day simple moving average is $102.87.

Insperity (NYSE:NSP) last posted its earnings results on Wednesday, May 1st. The business services provider reported $2.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.84 by $0.24. Insperity had a return on equity of 137.14% and a net margin of 2.39%. The business had revenue of $1.80 billion during the quarter, compared to analyst estimates of $1.81 billion. As a group, sell-side analysts expect that Insperity, Inc. will post 2.43 earnings per share for the current fiscal year.

Insperity Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 21st. Investors of record on Friday, June 7th were issued a $0.60 dividend. The ex-dividend date of this dividend was Friday, June 7th. This represents a $2.40 dividend on an annualized basis and a yield of 2.40%. This is an increase from Insperity’s previous quarterly dividend of $0.57. Insperity’s dividend payout ratio is currently 58.68%.

Insider Activity at Insperity

In related news, CFO Douglas S. Sharp sold 5,212 shares of the stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $104.47, for a total value of $544,497.64. Following the completion of the transaction, the chief financial officer now owns 28,516 shares of the company’s stock, valued at $2,979,066.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, CFO Douglas S. Sharp sold 5,212 shares of the stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $104.47, for a total value of $544,497.64. Following the completion of the transaction, the chief financial officer now owns 28,516 shares of the company’s stock, valued at $2,979,066.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John M. Morphy sold 3,300 shares of the stock in a transaction dated Thursday, May 23rd. The shares were sold at an average price of $102.42, for a total value of $337,986.00. Following the completion of the transaction, the director now directly owns 7,633 shares of the company’s stock, valued at approximately $781,771.86. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 20,695 shares of company stock valued at $2,044,864. Insiders own 5.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on NSP shares. William Blair restated an “outperform” rating on shares of Insperity in a research note on Friday, May 17th. StockNews.com upgraded Insperity from a “hold” rating to a “buy” rating in a research note on Thursday, May 9th. Finally, Robert W. Baird upped their price target on Insperity from $105.00 to $109.00 and gave the stock a “neutral” rating in a research note on Friday, May 17th. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $109.50.

About Insperity

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.