Hillsdale Investment Management Inc. cut its holdings in Insperity Inc (NYSE:NSP) by 14.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 17,480 shares of the business services provider’s stock after selling 3,040 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in Insperity were worth $2,061,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Janus Henderson Group PLC grew its stake in Insperity by 92.2% in the 3rd quarter. Janus Henderson Group PLC now owns 6,865 shares of the business services provider’s stock valued at $810,000 after purchasing an additional 3,293 shares during the period. AXA bought a new position in Insperity in the 3rd quarter valued at $11,618,000. Alliancebernstein L.P. grew its stake in Insperity by 27.4% in the 3rd quarter. Alliancebernstein L.P. now owns 120,602 shares of the business services provider’s stock valued at $14,225,000 after purchasing an additional 25,952 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in Insperity by 15.2% in the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 9,108 shares of the business services provider’s stock valued at $1,074,000 after purchasing an additional 1,200 shares during the period. Finally, Campbell & CO Investment Adviser LLC bought a new position in Insperity in the 3rd quarter valued at $232,000. 83.04% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE:NSP opened at $99.84 on Tuesday. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.69. The firm has a market capitalization of $4.22 billion, a price-to-earnings ratio of 31.35, a price-to-earnings-growth ratio of 1.67 and a beta of 0.90. Insperity Inc has a 1 year low of $55.40 and a 1 year high of $121.15.

Insperity (NYSE:NSP) last posted its quarterly earnings results on Thursday, November 1st. The business services provider reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.14. The company had revenue of $925.13 million during the quarter, compared to the consensus estimate of $935.62 million. Insperity had a return on equity of 123.25% and a net margin of 3.41%. The firm’s quarterly revenue was up 16.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.14 EPS. On average, equities analysts forecast that Insperity Inc will post 3.36 EPS for the current fiscal year.

A number of research analysts have issued reports on the company. Zacks Investment Research upgraded Insperity from a “hold” rating to a “buy” rating and set a $119.00 price objective for the company in a research note on Tuesday, August 7th. First Analysis downgraded Insperity from an “overweight” rating to an “equal weight” rating and set a $102.00 price objective for the company. in a research note on Wednesday, August 1st. Robert W. Baird upped their price objective on Insperity from $110.00 to $125.00 and gave the company an “outperform” rating in a research note on Friday, November 2nd. Finally, Roth Capital upped their price objective on Insperity from $88.00 to $123.00 and gave the company a “buy” rating in a research note on Wednesday, August 1st. Two analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $112.40.

In other news, EVP Jay E. Mincks sold 1,042 shares of the stock in a transaction on Monday, November 5th. The stock was sold at an average price of $108.62, for a total transaction of $113,182.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP James D. Allison sold 2,000 shares of the stock in a transaction on Friday, November 9th. The stock was sold at an average price of $115.90, for a total value of $231,800.00. The disclosure for this sale can be found here. Insiders have sold a total of 77,565 shares of company stock valued at $8,971,648 in the last quarter. 9.58% of the stock is owned by corporate insiders.

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Insperity Company 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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