Boston Trust Walden Corp Cuts Stock Holdings in Insperity, Inc. (NYSE:NSP)

Boston Trust Walden Corp lowered its position in Insperity, Inc. (NYSE:NSP) by 2.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 228,660 shares of the business services provider’s stock after selling 5,731 shares during the period. Boston Trust Walden Corp owned about 0.61% of Insperity worth $20,122,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in NSP. Arkadios Wealth Advisors increased its stake in Insperity by 27.1% in the 3rd quarter. Arkadios Wealth Advisors now owns 4,765 shares of the business services provider’s stock valued at $419,000 after buying an additional 1,017 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Insperity by 13.1% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 21,812 shares of the business services provider’s stock valued at $1,897,000 after acquiring an additional 2,530 shares in the last quarter. Legacy Wealth Asset Management LLC increased its position in shares of Insperity by 15.2% during the third quarter. Legacy Wealth Asset Management LLC now owns 11,621 shares of the business services provider’s stock valued at $1,023,000 after acquiring an additional 1,529 shares during the last quarter. Copeland Capital Management LLC lifted its holdings in Insperity by 0.3% during the third quarter. Copeland Capital Management LLC now owns 471,017 shares of the business services provider’s stock worth $41,450,000 after acquiring an additional 1,607 shares during the period. Finally, Vest Financial LLC boosted its position in Insperity by 40.3% in the third quarter. Vest Financial LLC now owns 16,298 shares of the business services provider’s stock worth $1,434,000 after purchasing an additional 4,678 shares during the last quarter. 93.44% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. JPMorgan Chase & Co. assumed coverage on Insperity in a research report on Tuesday, October 22nd. They set an “underweight” rating and a $90.00 target price for the company. William Blair lowered shares of Insperity from an “outperform” rating to a “market perform” rating in a research report on Tuesday, September 24th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $99.50.

Insider Buying and Selling

In other Insperity news, CEO Paul J. Sarvadi sold 16,123 shares of the business’s stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $92.23, for a total transaction of $1,487,024.29. Following the sale, the chief executive officer now owns 509,129 shares of the company’s stock, valued at $46,956,967.67. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 5.50% of the stock is owned by insiders.

Insperity Price Performance

Insperity stock opened at $77.55 on Friday. The business’s 50 day simple moving average is $88.70 and its 200 day simple moving average is $94.95. Insperity, Inc. has a 12 month low of $77.50 and a 12 month high of $119.40. The company has a market cap of $2.92 billion, a price-to-earnings ratio of 18.96, a PEG ratio of 2.39 and a beta of 1.11. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 2.60.

Insperity (NYSE:NSP) last issued its quarterly earnings results on Thursday, August 1st. The business services provider reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.14. Insperity had a return on equity of 138.16% and a net margin of 2.46%. The firm had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.62 billion. During the same quarter in the prior year, the firm earned $0.33 EPS. The business’s revenue for the quarter was up 1.3% compared to the same quarter last year. Sell-side analysts forecast that Insperity, Inc. will post 2.43 EPS for the current year.

Insperity Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 19th. Investors of record on Thursday, September 5th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.09%. The ex-dividend date of this dividend was Thursday, September 5th. Insperity’s payout ratio is currently 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.