Value Holdings Lp Lowers stake in Insperity Inc (NSP)

Insperity Inc (NSP) : Value Holdings Lp reduced its stake in Insperity Inc by 10.74% during the most recent quarter end. The investment management company now holds a total of 129,959 shares of Insperity Inc which is valued at $8,791,726 after selling 15,631 shares in Insperity Inc , the firm said in a disclosure report filed with the SEC on Aug 1, 2016.Insperity Inc makes up approximately 5.52% of Value Holdings Lp’s portfolio.

Other Hedge Funds, Including , California State Teachers Retirement System reduced its stake in NSP by selling 1,263 shares or 3.7% in the most recent quarter. The Hedge Fund company now holds 32,917 shares of NSP which is valued at $2,226,835.Rice Hall James Associates reduced its stake in NSP by selling 717 shares or 2.35% in the most recent quarter. The Hedge Fund company now holds 29,836 shares of NSP which is valued at $2,365,398. Insperity Inc makes up approx 0.13% of Rice Hall James Associates’s portfolio.Northwest Investment Counselors reduced its stake in NSP by selling 6 shares or 0.04% in the most recent quarter. The Hedge Fund company now holds 13,748 shares of NSP which is valued at $1,121,837. Insperity Inc makes up approx 0.59% of Northwest Investment Counselors’s portfolio. Meeder Asset Management Inc added NSP to its portfolio by purchasing 5,693 company shares during the most recent quarter which is valued at $464,549. Insperity Inc makes up approx 0.04% of Meeder Asset Management Inc’s portfolio.First Quadrant L Pca boosted its stake in NSP in the latest quarter, The investment management firm added 17,700 additional shares and now holds a total of 20,600 shares of Insperity Inc which is valued at $1,631,108. Insperity Inc makes up approx 0.03% of First Quadrant L Pca’s portfolio.

Insperity Inc closed down -0.44 points or -0.65% at $67.21 with 1,96,872 shares getting traded on Thursday. Post opening the session at $67.59, the shares hit an intraday low of $66.75 and an intraday high of $68.44 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, Insperity Inc reported $0.60 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Aug 1, 2016. Analyst had a consensus of $0.59. The company had revenue of $707.30 million for the quarter, compared to analysts expectations of $720.78 million. The company’s revenue was up 12.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.42 EPS.

Many Wall Street Analysts have commented on Insperity Inc. First Analysis Sec Downgraded Insperity Inc on Jul 7, 2016 to ” Equal-Weight”, Price Target of the shares are set at $84.

Insperity Inc. (Insperity) provides an array of human resources (HR) and business performance solutions. The Company’s HR services offerings are provided through its Workforce Optimization and Workforce Synchronization solutions (together its professional employer organization (PEO) HR Outsourcing solutions) which encompass a range of human resources functions including payroll and employment administration employee benefits workers’ compensation government compliance performance management and training and development services. In addition to its PEO HR Outsourcing solutions the Company offers human capital management payroll services time and attendance performance management organizational planning recruiting services employment screening financial and expense management services retirement services and insurance services (collectively Strategic Businesses) many of which are offered through desktop applications and cloud-based delivery models.

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