ARP Americas LP purchased a new position in Insperity Inc (NYSE:NSP) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 2,900 shares of the business services provider’s stock, valued at approximately $271,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Rehmann Capital Advisory Group lifted its holdings 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 worth $181,000 after purchasing an additional 21,163 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Insperity by 5.7% in the 3rd quarter. Vanguard Group Inc. now owns 4,061,258 shares of the business services provider’s stock worth $479,025,000 after purchasing an additional 220,365 shares during the last quarter. Nordea Investment Management AB lifted its holdings in shares of Insperity by 18.5% in the 3rd quarter. Nordea Investment Management AB now owns 38,949 shares of the business services provider’s stock worth $4,594,000 after purchasing an additional 6,074 shares during the last quarter. Fox Run Management L.L.C. bought a new stake in shares of Insperity in the 4th quarter worth approximately $588,000. Finally, Carnegie Capital Asset Management LLC lifted its holdings in shares of Insperity by 26.0% in the 3rd quarter. Carnegie Capital Asset Management LLC now owns 2,807 shares of the business services provider’s stock worth $283,000 after purchasing an additional 580 shares during the last quarter. 81.24% of the stock is currently owned by institutional investors and hedge funds.

In other news, SVP Daniel D. Herink sold 2,354 shares of Insperity stock in a transaction on Tuesday, February 19th. The stock was sold at an average price of $130.13, for a total transaction of $306,326.02. Following the transaction, the senior vice president now directly owns 44,576 shares in the company, valued at approximately $5,800,674.88. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP James D. Allison sold 2,000 shares of Insperity stock in a transaction 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 transaction, the senior vice president now owns 26,087 shares in the company, valued at $3,260,875. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 125,974 shares of company stock worth $15,871,882. 9.58% of the stock is owned by insiders.

Several analysts recently issued reports on NSP shares. SunTrust Banks raised their price target on Insperity to $129.00 and gave the stock a “hold” rating in a report on Tuesday, February 12th. Zacks Investment Research cut Insperity from a “buy” rating to a “hold” rating in a research report on Friday, January 25th. ValuEngine upgraded Insperity from a “hold” rating to a “buy” rating in a research report on Thursday, January 24th. Finally, Roth Capital raised their target price on Insperity from $134.00 to $143.00 and gave the company a “buy” rating in a research report on Tuesday, February 19th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $123.80.

NSP opened at $124.56 on Friday. Insperity Inc has a 12 month low of $67.00 and a 12 month high of $132.50. The company has a debt-to-equity ratio of 1.86, a quick ratio of 1.12 and a current ratio of 1.12. The company has a market capitalization of $5.06 billion, a P/E ratio of 36.96, a price-to-earnings-growth ratio of 1.68 and a beta of 1.10.

Insperity (NYSE:NSP) last posted its 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 return on equity of 126.19% and a net margin of 3.52%. The firm had revenue of $966.80 million for the quarter, compared to analysts’ expectations of $959.22 million. During the same period last year, the firm earned $0.55 EPS. The firm’s revenue was up 17.0% compared to the same quarter last year. As a group, research analysts expect that Insperity Inc will post 4.1 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 28th. Stockholders of record on Thursday, March 14th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, March 13th. This is a boost from Insperity’s previous quarterly dividend of $0.20. This represents a $1.20 annualized dividend and a dividend yield of 0.96%. Insperity’s dividend payout ratio (DPR) is 23.74%.

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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 encompasses a range of human resources functions comprising payroll and employment administration, employee benefits, workers' compensation, government compliance, performance management and training, and development services.

Further Reading: What is a blue-chip stock?

Want to see what other hedge funds are holding NSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Insperity Inc (NYSE:NSP).

Institutional Ownership by Quarter for Insperity (NYSE:NSP)

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