Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of Insperity Inc (NYSE:NSP) by 15.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,108 shares of the business services provider’s stock after acquiring an additional 1,200 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Insperity were worth $1,074,000 at the end of the most recent quarter.
Other hedge funds have also bought and sold shares of the company. Campbell & CO Investment Adviser LLC purchased a new stake in Insperity during the 3rd quarter worth about $232,000. Alpine Woods Capital Investors LLC lifted its holdings in Insperity by 15.4% during the 3rd quarter. Alpine Woods Capital Investors LLC now owns 15,000 shares of the business services provider’s stock worth $1,769,000 after buying an additional 2,000 shares during the last quarter. Hartford Investment Management Co. lifted its holdings in Insperity by 25.3% during the 3rd quarter. Hartford Investment Management Co. now owns 8,404 shares of the business services provider’s stock worth $991,000 after buying an additional 1,699 shares during the last quarter. Parametrica Management Ltd purchased a new stake in Insperity during the 3rd quarter worth about $281,000. Finally, IFG Advisory LLC purchased a new stake in Insperity during the 3rd quarter worth about $237,000. 83.04% of the stock is owned by institutional investors.
NSP opened at $98.32 on Friday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.21 and a current ratio of 1.21. Insperity Inc has a one year low of $55.40 and a one year high of $121.15. The stock has a market cap of $4.06 billion, a PE ratio of 48.20, a PEG ratio of 1.61 and a beta of 0.90.
Insperity (NYSE:NSP) last posted its earnings results on Thursday, November 1st. The business services provider reported $0.96 EPS for the quarter, topping the Zacks’ consensus estimate of $0.82 by $0.14. Insperity had a return on equity of 123.25% and a net margin of 3.41%. The business had revenue of $925.13 million for the quarter, compared to analysts’ expectations of $935.62 million. During the same quarter in the previous year, the firm earned $1.14 earnings per share. The business’s revenue was up 16.3% compared to the same quarter last year. As a group, equities research analysts anticipate that Insperity Inc will post 3.36 EPS for the current year.
In other news, EVP Jay E. Mincks sold 2,700 shares of Insperity stock in a transaction dated Wednesday, November 7th. The stock was sold at an average price of $116.01, for a total transaction of $313,227.00. Following the sale, the executive vice president now owns 58,516 shares in the company, valued at $6,788,441.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP James D. Allison sold 2,000 shares of Insperity stock in a transaction dated Friday, November 9th. The stock was sold at an average price of $115.90, for a total value of $231,800.00. The disclosure for this sale can be found here. Insiders have sold 35,742 shares of company stock worth $4,156,509 in the last quarter. Insiders own 9.58% of the company’s stock.
A number of brokerages have issued reports on NSP. Zacks Investment Research reaffirmed a “strong-buy” rating and set a $127.00 price target on shares of Insperity in a report on Wednesday, November 14th. Robert W. Baird lifted their price target on Insperity from $110.00 to $125.00 and gave the stock an “outperform” rating in a report on Friday, November 2nd. Finally, First Analysis reaffirmed an “equal weight” rating on shares of Insperity in a report on Thursday, August 2nd. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $112.40.
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.
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