Advisors Asset Management Inc. Has $1.74 Million Holdings in Insperity, Inc. (NYSE:NSP)

Advisors Asset Management Inc. trimmed its stake in Insperity, Inc. (NYSE:NSP) by 12.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,895 shares of the business services provider’s stock after selling 2,268 shares during the period. Advisors Asset Management Inc.’s holdings in Insperity were worth $1,742,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Principal Securities Inc. bought a new stake in shares of Insperity in the 4th quarter valued at about $32,000. GAMMA Investing LLC bought a new stake in Insperity in the fourth quarter valued at approximately $34,000. C M Bidwell & Associates Ltd. bought a new stake in Insperity in the fourth quarter valued at approximately $34,000. SRS Capital Advisors Inc. increased its position in Insperity by 387.0% during the 4th quarter. SRS Capital Advisors Inc. now owns 375 shares of the business services provider’s stock valued at $44,000 after purchasing an additional 298 shares during the period. Finally, Hexagon Capital Partners LLC raised its holdings in Insperity by 1,600.0% during the 4th quarter. Hexagon Capital Partners LLC now owns 391 shares of the business services provider’s stock worth $46,000 after purchasing an additional 368 shares during the last quarter. 93.44% of the stock is owned by institutional investors.

Insperity Stock Up 1.3 %

Shares of NYSE NSP opened at $101.85 on Friday. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 2.64. The firm has a market cap of $3.83 billion, a PE ratio of 24.90, a P/E/G ratio of 2.79 and a beta of 1.13. The company’s fifty day simple moving average is $95.39 and its 200 day simple moving average is $101.93. Insperity, Inc. has a 12-month low of $85.04 and a 12-month high of $122.98.

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

Insperity Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 21st. Stockholders of record on Friday, June 7th were issued a dividend of $0.60 per share. This is an increase from Insperity’s previous quarterly dividend of $0.57. The ex-dividend date was Friday, June 7th. This represents a $2.40 annualized dividend and a dividend yield of 2.36%. Insperity’s payout ratio is currently 58.68%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. William Blair reiterated an “outperform” rating on shares of Insperity in a research report on Friday, May 17th. Robert W. Baird lifted their price objective on Insperity from $105.00 to $109.00 and gave the stock a “neutral” rating in a research report on Friday, May 17th. Finally, StockNews.com upgraded Insperity from a “hold” rating to a “buy” rating in a research report on Thursday, May 9th. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Insperity currently has a consensus rating of “Moderate Buy” and an average price target of $109.50.

Insider Transactions at Insperity

In other Insperity news, CEO Paul J. Sarvadi sold 12,183 shares of Insperity stock in a transaction dated Thursday, May 30th. The stock was sold at an average price of $95.41, for a total transaction of $1,162,380.03. Following the completion of the transaction, the chief executive officer now owns 525,252 shares in the company, valued at approximately $50,114,293.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, CEO Paul J. Sarvadi sold 12,183 shares of the stock in a transaction on Thursday, May 30th. The stock was sold at an average price of $95.41, for a total value of $1,162,380.03. Following the completion of the sale, the chief executive officer now directly owns 525,252 shares of the company’s stock, valued at approximately $50,114,293.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Douglas S. Sharp sold 5,212 shares of Insperity stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $104.47, for a total transaction of $544,497.64. Following the transaction, the chief financial officer now directly owns 28,516 shares in the company, valued at $2,979,066.52. The disclosure for this sale can be found here. Insiders have sold 20,695 shares of company stock valued at $2,044,864 over the last ninety days. 5.50% of the stock is owned by company insiders.

Insperity 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.