Citigroup Inc. lowered its stake in shares of Insperity Inc (NYSE:NSP) by 2.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,629 shares of the business services provider’s stock after selling 374 shares during the quarter. Citigroup Inc.’s holdings in Insperity were worth $1,809,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently made changes to their positions in NSP. Advisors Preferred LLC purchased a new position in shares of Insperity during the first quarter valued at about $26,000. Rockefeller Capital Management L.P. purchased a new position in shares of Insperity during the first quarter valued at about $27,000. Ffcm LLC purchased a new position in shares of Insperity during the fourth quarter valued at about $34,000. Bremer Trust National Association purchased a new position in shares of Insperity during the fourth quarter valued at about $48,000. Finally, Bremer Bank National Association purchased a new position in shares of Insperity during the first quarter valued at about $60,000. Institutional investors own 83.26% of the company’s stock.

Several brokerages recently issued reports on NSP. Roth Capital boosted their price target on shares of Insperity from $134.00 to $143.00 and gave the company a “buy” rating in a research report on Tuesday, February 19th. Zacks Investment Research cut shares of Insperity from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 15th. Finally, SunTrust Banks upgraded shares of Insperity from a “hold” rating to a “buy” rating in a research report on Tuesday, April 30th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Insperity currently has a consensus rating of “Buy” and an average target price of $126.40.

Shares of NYSE NSP opened at $122.08 on Friday. The stock has a market cap of $5.03 billion, a P/E ratio of 31.43, a P/E/G ratio of 1.62 and a beta of 1.06. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.15 and a current ratio of 1.15. Insperity Inc has a 1 year low of $86.63 and a 1 year high of $132.50.

Insperity (NYSE:NSP) last announced its quarterly earnings data on Monday, April 29th. The business services provider reported $1.98 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.88 by $0.10. The business had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.16 billion. Insperity had a net margin of 4.06% and a return on equity of 138.18%. The business’s revenue was up 13.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.41 earnings per share. As a group, equities analysts predict that Insperity Inc will post 4.19 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 24th. Shareholders of record on Monday, June 10th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date is Friday, June 7th. Insperity’s dividend payout ratio (DPR) is presently 35.61%.

In other Insperity news, Director Austin P. Young sold 3,000 shares of the company’s stock in a transaction dated Tuesday, June 11th. The shares were sold at an average price of $120.97, for a total value of $362,910.00. Following the sale, the director now owns 21,616 shares in the company, valued at $2,614,887.52. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Daniel D. Herink sold 5,000 shares of the company’s stock in a transaction dated Thursday, May 2nd. The stock was sold at an average price of $120.01, for a total transaction of $600,050.00. Following the completion of the sale, the senior vice president now owns 25,873 shares in the company, valued at approximately $3,105,018.73. The disclosure for this sale can be found here. In the last 90 days, insiders sold 72,522 shares of company stock worth $8,734,069. Corporate insiders own 6.86% of the company’s stock.

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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 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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