DekaBank Deutsche Girozentrale Takes $938,000 Position in Insperity Inc (NSP)

DekaBank Deutsche Girozentrale purchased a new stake in shares of Insperity Inc (NYSE:NSP) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 7,900 shares of the business services provider’s stock, valued at approximately $938,000.

Several other hedge funds have also recently made changes to their positions in NSP. BlackRock Inc. boosted its stake in shares of Insperity by 14.1% during the second quarter. BlackRock Inc. now owns 6,139,453 shares of the business services provider’s stock valued at $584,781,000 after purchasing an additional 757,054 shares in the last quarter. FMR LLC boosted its stake in shares of Insperity by 118.6% during the second quarter. FMR LLC now owns 991,464 shares of the business services provider’s stock valued at $94,437,000 after purchasing an additional 537,846 shares in the last quarter. Hennessy Advisors Inc. boosted its stake in shares of Insperity by 400.4% during the third quarter. Hennessy Advisors Inc. now owns 285,700 shares of the business services provider’s stock valued at $33,698,000 after purchasing an additional 228,600 shares in the last quarter. Assenagon Asset Management S.A. acquired a new stake in shares of Insperity during the third quarter valued at about $24,337,000. Finally, WINTON GROUP Ltd boosted its stake in shares of Insperity by 1,095.4% during the third quarter. WINTON GROUP Ltd now owns 132,335 shares of the business services provider’s stock valued at $15,609,000 after purchasing an additional 121,265 shares in the last quarter. 83.35% of the stock is currently owned by hedge funds and other institutional investors.

Insperity stock opened at $96.82 on Friday. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.69. The company has a market capitalization of $4.10 billion, a P/E ratio of 47.46, a P/E/G ratio of 1.62 and a beta of 0.93. Insperity Inc has a one year low of $55.40 and a one year high of $121.15.

Insperity (NYSE:NSP) last posted its quarterly earnings data 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. The company had revenue of $925.13 million for the quarter, compared to analyst estimates of $935.62 million. Insperity had a return on equity of 123.25% and a net margin of 3.41%. The firm’s quarterly revenue was up 16.3% on a year-over-year basis. During the same period in the previous year, the firm earned $1.14 earnings per share. Equities analysts predict that Insperity Inc will post 3.36 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 28th. Investors of record on Thursday, December 13th will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.83%. The ex-dividend date of this dividend is Wednesday, December 12th. Insperity’s dividend payout ratio is currently 39.22%.

NSP has been the topic of a number of recent research reports. Robert W. Baird lifted their price target on Insperity from $110.00 to $125.00 and gave the company an “outperform” rating in a research note on Friday, November 2nd. Zacks Investment Research reissued a “strong-buy” rating and set a $127.00 price target on shares of Insperity in a research note on Wednesday, November 14th. Two analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $112.40.

In related news, EVP Jay E. Mincks sold 2,700 shares of Insperity stock in a transaction that occurred on Wednesday, November 7th. The stock was sold at an average price of $116.01, for a total value of $313,227.00. Following the transaction, the executive vice president now directly owns 58,516 shares of the company’s stock, valued at $6,788,441.16. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP James D. Allison sold 2,000 shares of Insperity stock in a transaction that occurred on 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. Over the last ninety days, insiders sold 35,742 shares of company stock worth $4,156,509. 9.58% of the stock is owned by insiders.

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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.

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Institutional Ownership by Quarter for Insperity (NYSE:NSP)

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