17,312 Shares in Insperity (NSP) Purchased by MetLife Investment Advisors LLC

MetLife Investment Advisors LLC purchased a new stake in Insperity (NYSE:NSP) in the fourth quarter, Holdings Channel reports. The institutional investor purchased 17,312 shares of the business services provider’s stock, valued at approximately $993,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Municipal Employees Retirement System of Michigan lifted its position in Insperity by 100.0% in the fourth quarter. Municipal Employees Retirement System of Michigan now owns 14,080 shares of the business services provider’s stock valued at $807,000 after acquiring an additional 7,040 shares during the last quarter. Verition Fund Management LLC purchased a new stake in Insperity in the fourth quarter valued at $209,000. Meadow Creek Investment Management LLC lifted its position in Insperity by 127.6% in the fourth quarter. Meadow Creek Investment Management LLC now owns 4,844 shares of the business services provider’s stock valued at $278,000 after acquiring an additional 2,716 shares during the last quarter. Cornerstone Capital Management Holdings LLC. lifted its position in Insperity by 32.7% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 55,570 shares of the business services provider’s stock valued at $3,186,000 after acquiring an additional 13,685 shares during the last quarter. Finally, Elkfork Partners LLC lifted its position in Insperity by 65.6% in the fourth 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 during the last quarter. 83.51% of the stock is owned by hedge funds and other institutional investors.

In other news, SVP Douglas S. Sharp sold 3,000 shares of the business’s stock in a transaction dated Friday, March 9th. The shares were sold at an average price of $70.17, for a total transaction of $210,510.00. Following the transaction, the senior vice president now directly owns 31,955 shares in the company, valued at $2,242,282.35. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Douglas S. Sharp sold 3,096 shares of the business’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $64.51, for a total transaction of $199,722.96. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 117,751 shares of company stock worth $7,471,328. 13.92% of the stock is currently owned by company insiders.



NYSE NSP opened at $71.00 on Thursday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.57. The firm has a market capitalization of $2,887.31, a price-to-earnings ratio of 34.80, a price-to-earnings-growth ratio of 1.42 and a beta of 0.85. Insperity has a one year low of $34.88 and a one year high of $72.60.

Insperity (NYSE:NSP) last posted its quarterly earnings data on Monday, February 12th. The business services provider reported $0.55 EPS for the quarter, missing analysts’ consensus estimates of $0.92 by ($0.37). The business 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 company’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.58 earnings per share. equities analysts anticipate that Insperity will post 2.72 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 22nd. Shareholders of record on Thursday, March 8th were paid a $0.20 dividend. The ex-dividend date was Wednesday, March 7th. This is a positive change from Insperity’s previous quarterly dividend of $0.15. This represents a $0.80 dividend on an annualized basis and a yield of 1.13%. Insperity’s payout ratio is currently 39.22%.

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

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Insperity 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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