Insperity Inc (NSP) Shares Bought by Cornerstone Capital Management Holdings LLC.

Cornerstone Capital Management Holdings LLC. boosted its stake in Insperity Inc (NYSE:NSP) by 32.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 55,570 shares of the business services provider’s stock after buying an additional 13,685 shares during the period. Cornerstone Capital Management Holdings LLC. owned approximately 0.13% of Insperity worth $3,186,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of NSP. USA Mutuals Advisors Inc. purchased a new stake in Insperity in the 4th quarter valued at about $100,000. Mutual of America Capital Management LLC grew its position in Insperity by 100.0% in the 4th quarter. Mutual of America Capital Management LLC now owns 2,000 shares of the business services provider’s stock valued at $115,000 after acquiring an additional 1,000 shares in the last quarter. Fuller & Thaler Asset Management Inc. grew its position in Insperity by 100.0% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 2,200 shares of the business services provider’s stock valued at $126,000 after acquiring an additional 1,100 shares in the last quarter. DekaBank Deutsche Girozentrale grew its position in Insperity by 78.2% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 1,611 shares of the business services provider’s stock valued at $134,000 after acquiring an additional 707 shares in the last quarter. Finally, Elkfork Partners LLC grew its position in Insperity by 65.6% in the 4th quarter. Elkfork Partners LLC now owns 2,768 shares of the business services provider’s stock valued at $159,000 after acquiring an additional 1,096 shares in the last quarter. Hedge funds and other institutional investors own 83.47% of the company’s stock.

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In other news, SVP Douglas S. Sharp sold 3,000 shares of the business’s stock in a transaction dated Friday, March 9th. The stock was sold at an average price of $70.17, for a total transaction of $210,510.00. Following the completion of the transaction, the senior vice president now directly owns 31,955 shares of the company’s stock, valued at $2,242,282.35. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Chairman Paul J. Sarvadi sold 45,000 shares of the business’s stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $61.58, for a total value of $2,771,100.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 117,751 shares of company stock valued at $7,471,328. 27.47% of the stock is currently owned by corporate insiders.

Several equities analysts have weighed in on NSP shares. Zacks Investment Research raised Insperity from a “hold” rating to a “buy” rating and set a $74.00 target price for the company in a research report on Monday, February 19th. Roth Capital lifted their target price on Insperity from $58.00 to $71.00 and gave the company a “buy” rating in a research report on Tuesday, February 13th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $64.00.

Insperity Inc (NYSE NSP) opened at $68.45 on Monday. The firm has a market capitalization of $2,839.58, a PE ratio of 34.40, a price-to-earnings-growth ratio of 1.40 and a beta of 0.88. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.07 and a quick ratio of 1.07. Insperity Inc has a 52-week low of $34.88 and a 52-week high of $72.60.

Insperity (NYSE:NSP) last released its earnings results on Monday, February 12th. The business services provider reported $0.55 earnings per share for the quarter, missing the consensus estimate of $0.92 by ($0.37). The firm had revenue of $826.50 million during the quarter, compared to analyst estimates of $813.28 million. Insperity had a net margin of 2.55% and a return on equity of 102.86%. The business’s revenue was up 13.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.58 earnings per share. equities research analysts anticipate that Insperity Inc will post 2.72 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Thursday, March 22nd. Shareholders of record on Thursday, March 8th were given a $0.20 dividend. This is an increase from Insperity’s previous quarterly dividend of $0.15. This represents a $0.80 annualized dividend and a yield of 1.17%. The ex-dividend date was Wednesday, March 7th. Insperity’s payout ratio is currently 40.20%.

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Insperity Profile

Insperity, Inc provides a range of human resources (HR) and business solutions. The Company’s HR services offerings are provided through its Workforce Optimization and Workforce Synchronization solutions (together, its professional employer organization (PEO) HR Outsourcing solutions), which encompass a range of human resources functions, including payroll and employment administration, employee benefits, workers’ compensation, performance management and training and development services, along with its cloud-based human capital management platform, the Employee Service Center (ESC).

Institutional Ownership by Quarter for Insperity (NYSE:NSP)

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