
Captrust Financial Advisors Has $214,000 Holdings in Insperity, Inc. (NYSE:NSP)

Captrust Financial Advisors reduced its holdings in Insperity, Inc. (NYSE:NSP) by 77.8% in Q4, owning 2,763 shares worth $214,000 after selling 9,708 shares. Other investors, including River Road Asset Management and T. Rowe Price, also increased their stakes. Insperity reported a quarterly EPS of $1.57, missing estimates, with a revenue of $310 million. The company announced a quarterly dividend of $0.60, yielding 3.59%. Insperity's stock has seen recent downgrades, with a current market cap of $2.51 billion and a P/E ratio of 27.70.
Captrust Financial Advisors lessened its position in Insperity, Inc. (NYSE:NSP - Free Report) by 77.8% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 2,763 shares of the business services provider's stock after selling 9,708 shares during the period. Captrust Financial Advisors' holdings in Insperity were worth $214,000 as of its most recent filing with the SEC.
A number of other large investors also recently modified their holdings of the stock. River Road Asset Management LLC purchased a new stake in shares of Insperity during the 4th quarter valued at $47,513,000. T. Rowe Price Investment Management Inc. purchased a new position in shares of Insperity during the fourth quarter worth about $39,231,000. Norges Bank purchased a new position in shares of Insperity during the fourth quarter worth about $31,587,000. First Trust Advisors LP lifted its position in Insperity by 54.2% in the 4th quarter. First Trust Advisors LP now owns 1,074,691 shares of the business services provider's stock worth $83,299,000 after buying an additional 377,603 shares during the last quarter. Finally, Vanguard Group Inc. lifted its position in Insperity by 4.4% in the 4th quarter. Vanguard Group Inc. now owns 4,008,334 shares of the business services provider's stock worth $310,686,000 after buying an additional 167,560 shares during the last quarter. Institutional investors own 93.44% of the company's stock.
Insperity Price Performance
NSP opened at $66.77 on Friday. The company has a debt-to-equity ratio of 3.80, a quick ratio of 1.08 and a current ratio of 1.08. The stock has a market capitalization of $2.51 billion, a P/E ratio of 27.70 and a beta of 0.55. The company's 50-day simple moving average is $78.27 and its two-hundred day simple moving average is $79.62. Insperity, Inc. has a 52-week low of $61.54 and a 52-week high of $104.90.
Insperity (NYSE:NSP - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The business services provider reported $1.57 EPS for the quarter, missing the consensus estimate of $2.01 by ($0.44). Insperity had a net margin of 1.38% and a return on equity of 72.22%. The business had revenue of $310.00 million for the quarter, compared to analysts' expectations of $1.87 billion. During the same period in the previous year, the company earned $2.27 EPS. Insperity's revenue for the quarter was up 3.4% compared to the same quarter last year. As a group, analysts predict that Insperity, Inc. will post 2.33 EPS for the current year.
Insperity Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, June 20th. Investors of record on Friday, June 6th will be issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 3.59%. Insperity's dividend payout ratio is 142.86%.
Insider Buying and Selling
In other Insperity news, CEO Paul J. Sarvadi sold 14,203 shares of the stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $65.26, for a total transaction of $926,887.78. Following the completion of the sale, the chief executive officer now directly owns 458,589 shares of the company's stock, valued at $29,927,518.14. This trade represents a 3.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 5.29% of the stock is currently owned by insiders.
Analyst Upgrades and Downgrades
NSP has been the subject of several recent research reports. Wall Street Zen downgraded Insperity from a "buy" rating to a "hold" rating in a research report on Wednesday, April 30th. Truist Financial cut their target price on Insperity from $82.00 to $70.00 and set a "hold" rating on the stock in a research note on Wednesday, April 30th.
Check Out Our Latest Research Report on Insperity
About Insperity
(Free Report)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.
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