Reinhart Partners Inc. Has $6.11 Million Stock Position in Insperity Inc (NYSE:NSP)

Reinhart Partners Inc. lifted its stake in shares of Insperity Inc (NYSE:NSP) by 60.2% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 61,919 shares of the business services provider’s stock after purchasing an additional 23,264 shares during the quarter. Reinhart Partners Inc. owned 0.15% of Insperity worth $6,106,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Westside Investment Management Inc. acquired a new stake in Insperity in the second quarter valued at about $31,000. Advisors Preferred LLC boosted its stake in Insperity by 68.8% in the second quarter. Advisors Preferred LLC now owns 351 shares of the business services provider’s stock valued at $44,000 after buying an additional 143 shares in the last quarter. Valeo Financial Advisors LLC acquired a new stake in Insperity in the second quarter valued at about $49,000. US Bancorp DE boosted its stake in Insperity by 279.1% in the second quarter. US Bancorp DE now owns 436 shares of the business services provider’s stock valued at $53,000 after buying an additional 321 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC acquired a new stake in Insperity in the second quarter valued at about $79,000. 85.01% of the stock is currently owned by institutional investors.

Several analysts recently weighed in on NSP shares. ValuEngine lowered Insperity from a “buy” rating to a “hold” rating in a research note on Monday, July 29th. Robert W. Baird set a $141.00 price target on Insperity and gave the company a “buy” rating in a research note on Wednesday, August 21st. SunTrust Banks cut their price target on Insperity to $128.00 and set an “accumulate” rating on the stock in a research note on Tuesday, November 5th. Finally, Roth Capital cut their price target on Insperity from $147.00 to $138.00 in a research note on Tuesday, July 30th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Insperity currently has a consensus rating of “Buy” and an average price target of $135.00.

Shares of NSP stock traded down $0.17 during mid-day trading on Friday, reaching $68.88. 922,121 shares of the stock traded hands, compared to its average volume of 421,350. The stock’s fifty day simple moving average is $98.21 and its two-hundred day simple moving average is $110.28. Insperity Inc has a 1-year low of $67.06 and a 1-year high of $144.92. The company has a market cap of $2.83 billion, a price-to-earnings ratio of 20.44, a price-to-earnings-growth ratio of 0.96 and a beta of 1.05. The company has a quick ratio of 1.19, a current ratio of 1.17 and a debt-to-equity ratio of 5.84.

Insperity (NYSE:NSP) last announced its quarterly earnings results on Monday, November 4th. The business services provider reported $0.75 EPS for the quarter, missing the Zacks’ consensus estimate of $1.01 by ($0.26). Insperity had a net margin of 3.69% and a return on equity of 166.72%. The firm had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.04 billion. During the same period in the previous year, the business posted $0.96 earnings per share. The business’s revenue for the quarter was up 12.8% compared to the same quarter last year. On average, equities research analysts anticipate that Insperity Inc will post 3.61 EPS for the current fiscal year.

In other news, CEO Paul J. Sarvadi sold 2,000 shares of the firm’s stock in a transaction dated Friday, October 11th. The stock was sold at an average price of $100.14, for a total transaction of $200,280.00. Following the completion of the transaction, the chief executive officer now directly owns 679,878 shares in the company, valued at $68,082,982.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Tim Clifford acquired 2,500 shares of the stock in a transaction dated Tuesday, August 27th. The shares were bought at an average price of $97.35 per share, with a total value of $243,375.00. Following the completion of the transaction, the director now directly owns 9,794 shares of the company’s stock, valued at $953,445.90. The disclosure for this purchase can be found here. Insiders have sold 14,153 shares of company stock valued at $1,336,079 over the last 90 days. 6.86% of the stock is owned by corporate insiders.

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 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.

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Institutional Ownership by Quarter for Insperity (NYSE:NSP)

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