Trexquant Investment LP Sells 29,131 Shares of Insperity, Inc. (NYSE:NSP)

Trexquant Investment LP cut its stake in shares of Insperity, Inc. (NYSE:NSP) by 50.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 28,960 shares of the business services provider’s stock after selling 29,131 shares during the period. Trexquant Investment LP owned 0.08% of Insperity worth $3,395,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Principal Securities Inc. bought a new stake in Insperity during the fourth quarter valued at approximately $32,000. GAMMA Investing LLC purchased a new stake in Insperity during the 4th quarter valued at about $34,000. SRS Capital Advisors Inc. grew its holdings in shares of Insperity by 387.0% in the fourth quarter. SRS Capital Advisors Inc. now owns 375 shares of the business services provider’s stock worth $44,000 after purchasing an additional 298 shares during the last quarter. Hexagon Capital Partners LLC increased its stake in shares of Insperity by 1,600.0% in the fourth quarter. Hexagon Capital Partners LLC now owns 391 shares of the business services provider’s stock worth $46,000 after buying an additional 368 shares during the period. Finally, DekaBank Deutsche Girozentrale bought a new position in shares of Insperity during the third quarter valued at about $47,000. 93.44% of the stock is owned by hedge funds and other institutional investors.

Insperity Trading Up 0.3 %

Shares of NYSE NSP opened at $103.31 on Friday. The stock has a market capitalization of $3.89 billion, a P/E ratio of 25.26, a PEG ratio of 2.94 and a beta of 1.16. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.15 and a quick ratio of 1.15. The business’s 50 day moving average is $105.18 and its two-hundred day moving average is $108.32. Insperity, Inc. has a 1-year low of $90.80 and a 1-year high of $128.91.

Insperity (NYSE:NSP) last posted its quarterly earnings data on Wednesday, May 1st. The business services provider reported $2.08 earnings per share 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 analyst estimates of $1.81 billion. Insperity had a net margin of 2.39% and a return on equity of 137.14%. As a group, research analysts expect that Insperity, Inc. will post 2.34 EPS for the current year.

Insperity Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 21st. Shareholders of record on Friday, June 7th will be given a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 2.32%. The ex-dividend date is Friday, June 7th. This is an increase from Insperity’s previous quarterly dividend of $0.57. Insperity’s dividend payout ratio is 55.75%.

Insiders Place Their Bets

In other Insperity news, 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 completion of the sale, the chief financial officer now directly owns 28,516 shares of the company’s stock, valued at approximately $2,979,066.52. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 5.50% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on NSP shares. Robert W. Baird boosted their price objective on shares of Insperity from $105.00 to $109.00 and gave the company a “neutral” rating in a research report on Friday, May 17th. TheStreet lowered Insperity from a “b” rating to a “c+” rating in a report on Monday, February 12th. StockNews.com upgraded Insperity from a “hold” rating to a “buy” rating in a report on Thursday, May 9th. Finally, William Blair reaffirmed an “outperform” rating on shares of Insperity in a research report on Friday, May 17th. Two investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $109.50.

Insperity Company 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.