Epoch Investment Partners Inc. Cuts Holdings in Insperity, Inc. (NYSE:NSP)

Epoch Investment Partners Inc. reduced its position in Insperity, Inc. (NYSE:NSPGet Rating) by 75.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 73,947 shares of the business services provider’s stock after selling 227,886 shares during the period. Epoch Investment Partners Inc.’s holdings in Insperity were worth $8,734,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in NSP. Alliancebernstein L.P. grew its holdings in shares of Insperity by 77.6% during the third quarter. Alliancebernstein L.P. now owns 267,541 shares of the business services provider’s stock worth $29,627,000 after buying an additional 116,932 shares in the last quarter. Ensign Peak Advisors Inc lifted its position in Insperity by 26.9% during the third quarter. Ensign Peak Advisors Inc now owns 511,970 shares of the business services provider’s stock worth $56,696,000 after buying an additional 108,421 shares during the period. Copeland Capital Management LLC purchased a new position in shares of Insperity during the 4th quarter worth about $12,024,000. Wellington Management Group LLP boosted its position in shares of Insperity by 18.6% in the third quarter. Wellington Management Group LLP now owns 540,414 shares of the business services provider’s stock worth $59,845,000 after acquiring an additional 84,618 shares during the last quarter. Finally, Acadian Asset Management LLC grew its holdings in Insperity by 423.0% in the fourth quarter. Acadian Asset Management LLC now owns 64,581 shares of the business services provider’s stock valued at $7,617,000 after purchasing an additional 52,233 shares during the period. 88.08% of the stock is owned by institutional investors.

NSP opened at $93.27 on Friday. Insperity, Inc. has a twelve month low of $83.94 and a twelve month high of $129.32. The business’s 50 day moving average is $100.41 and its 200-day moving average is $105.11. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 10.88. The stock has a market cap of $3.57 billion, a PE ratio of 27.43, a price-to-earnings-growth ratio of 1.63 and a beta of 1.44.

Insperity (NYSE:NSPGet Rating) last announced its earnings results on Tuesday, April 26th. The business services provider reported $1.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.80 by $0.19. Insperity had a net margin of 2.51% and a return on equity of 244.01%. The firm had revenue of $1.58 billion during the quarter, compared to analyst estimates of $1.54 billion. During the same quarter in the prior year, the firm posted $1.58 EPS. Insperity’s revenue was up 22.6% compared to the same quarter last year. As a group, analysts forecast that Insperity, Inc. will post 3.86 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Thursday, March 24th. Investors of record on Thursday, March 10th were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Wednesday, March 9th. This represents a $1.80 annualized dividend and a yield of 1.93%. Insperity’s payout ratio is 52.94%.

In related news, CEO Paul J. Sarvadi sold 32,609 shares of the business’s stock in a transaction that occurred on Wednesday, May 4th. The shares were sold at an average price of $107.48, for a total value of $3,504,815.32. Following the sale, the chief executive officer now directly owns 620,585 shares in the company, valued at approximately $66,700,475.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Paul J. Sarvadi sold 6,608 shares of the business’s stock in a transaction that occurred on Thursday, April 28th. The stock was sold at an average price of $110.02, for a total transaction of $727,012.16. Following the completion of the sale, the chief executive officer now owns 653,977 shares in the company, valued at $71,950,549.54. The disclosure for this sale can be found here. 6.10% of the stock is owned by insiders.

A number of analysts have recently issued reports on the company. Zacks Investment Research cut Insperity from a “hold” rating to a “strong sell” rating and set a $79.00 target price for the company. in a report on Thursday, February 17th. TheStreet cut Insperity from a “b” rating to a “c+” rating in a research note on Friday, February 11th. Finally, StockNews.com raised shares of Insperity from a “buy” rating to a “strong-buy” rating in a research report on Friday, April 29th. One analyst has rated the stock with a sell rating, one has issued a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Insperity currently has an average rating of “Buy” and an average target price of $113.08.

Insperity Profile (Get Rating)

Insperity, Inc provides human resources (HR) and business solutions to improve business performance for small and medium-sized businesses. The company 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.

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Institutional Ownership by Quarter for Insperity (NYSE:NSP)

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