Epoch Investment Partners Inc. Sells 22,171 Shares of Insperity, Inc. (NYSE:NSP)

Epoch Investment Partners Inc. trimmed its position in Insperity, Inc. (NYSE:NSP) by 14.7% in the 1st quarter, HoldingsChannel reports. The firm owned 128,608 shares of the business services provider’s stock after selling 22,171 shares during the quarter. Epoch Investment Partners Inc.’s holdings in Insperity were worth $14,097,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Principal Securities Inc. purchased a new position in shares of Insperity in the fourth quarter worth about $32,000. GAMMA Investing LLC purchased a new position in shares of Insperity in the fourth quarter worth about $34,000. C M Bidwell & Associates Ltd. purchased a new position in shares of Insperity in the fourth quarter worth about $34,000. SRS Capital Advisors Inc. raised its stake 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. Finally, Hexagon Capital Partners LLC raised 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 purchasing an additional 368 shares during the last quarter. 93.44% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Insperity

In other news, CFO Douglas S. Sharp sold 5,212 shares of Insperity stock in a transaction that occurred on Wednesday, May 8th. The stock was sold at an average price of $104.47, for a total value of $544,497.64. Following the sale, the chief financial officer now directly owns 28,516 shares of the company’s stock, valued at $2,979,066.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CFO Douglas S. Sharp sold 5,212 shares of Insperity stock in a transaction that occurred on Wednesday, May 8th. The stock was sold at an average price of $104.47, for a total value of $544,497.64. Following the sale, the chief financial officer now directly owns 28,516 shares of the company’s stock, valued at $2,979,066.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Paul J. Sarvadi sold 12,183 shares of Insperity stock in a transaction that occurred on Thursday, May 30th. The stock was sold at an average price of $95.41, for a total value of $1,162,380.03. Following the completion of the sale, the chief executive officer now directly owns 525,252 shares in the company, valued at $50,114,293.32. The disclosure for this sale can be found here. Insiders have sold 20,695 shares of company stock valued at $2,044,864 over the last ninety days. Insiders own 5.50% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Robert W. Baird lifted their price target on Insperity from $105.00 to $109.00 and gave the company a “neutral” rating in a research report on Friday, May 17th. William Blair reiterated an “outperform” rating on shares of Insperity in a research report on Friday, May 17th. Finally, StockNews.com upgraded Insperity from a “hold” rating to a “buy” rating in a research report on Thursday, May 9th. Two analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $109.50.

Insperity Stock Up 1.3 %

Shares of NSP opened at $101.85 on Monday. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 2.64. Insperity, Inc. has a 12 month low of $85.04 and a 12 month high of $122.98. The stock’s 50 day moving average is $95.39 and its two-hundred day moving average is $101.83. The firm has a market cap of $3.83 billion, a P/E ratio of 24.90, a PEG ratio of 2.79 and a beta of 1.13.

Insperity (NYSE:NSP) last issued its quarterly earnings data on Wednesday, May 1st. The business services provider reported $2.08 EPS for the quarter, beating the consensus estimate of $1.84 by $0.24. Insperity had a return on equity of 137.14% and a net margin of 2.39%. The company had revenue of $1.80 billion for the quarter, compared to analyst estimates of $1.81 billion. Analysts predict that Insperity, Inc. will post 2.43 earnings per share for the current fiscal year.

Insperity Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 21st. Shareholders of record on Friday, June 7th were issued a $0.60 dividend. This is a positive change from Insperity’s previous quarterly dividend of $0.57. This represents a $2.40 annualized dividend and a yield of 2.36%. The ex-dividend date was Friday, June 7th. Insperity’s dividend payout ratio (DPR) is presently 58.68%.

Insperity 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.