Insperity, Inc. (NYSE:NSP) Shares Purchased by Mawer Investment Management Ltd.

Mawer Investment Management Ltd. raised its stake in Insperity, Inc. (NYSE:NSP) by 0.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,217,635 shares of the business services provider’s stock after acquiring an additional 27,599 shares during the quarter. Insperity makes up 1.8% of Mawer Investment Management Ltd.’s portfolio, making the stock its 17th biggest holding. Mawer Investment Management Ltd. owned approximately 13.96% of Insperity worth $404,419,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in NSP. Value Holdings Management CO. LLC raised its stake in Insperity by 4.2% in the 4th quarter. Value Holdings Management CO. LLC now owns 237,798 shares of the business services provider’s stock valued at $18,432,000 after purchasing an additional 9,600 shares during the last quarter. State Street Corp grew its holdings in shares of Insperity by 0.9% during the third quarter. State Street Corp now owns 1,287,058 shares of the business services provider’s stock worth $113,261,000 after buying an additional 11,123 shares in the last quarter. Reinhart Partners LLC. grew its holdings in shares of Insperity by 8.3% during the fourth quarter. Reinhart Partners LLC. now owns 1,171,843 shares of the business services provider’s stock worth $90,830,000 after buying an additional 89,809 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Insperity by 16.5% in the third quarter. JPMorgan Chase & Co. now owns 150,669 shares of the business services provider’s stock valued at $13,259,000 after buying an additional 21,325 shares during the last quarter. Finally, Barclays PLC lifted its stake in shares of Insperity by 129.7% during the third quarter. Barclays PLC now owns 82,580 shares of the business services provider’s stock valued at $7,269,000 after buying an additional 46,625 shares during the period. 93.44% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Insperity from a “hold” rating to a “buy” rating in a report on Wednesday, February 12th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. According to data from MarketBeat, Insperity has a consensus rating of “Hold” and a consensus price target of $95.67.

Insiders Place Their Bets

In other news, Director Ellen H. Masterson acquired 1,755 shares of the company’s stock in a transaction dated Wednesday, February 12th. The stock was acquired at an average cost of $85.75 per share, for a total transaction of $150,491.25. Following the acquisition, the director now directly owns 16,612 shares in the company, valued at approximately $1,424,479. This represents a 11.81 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Arthur A. Arizpe sold 6,000 shares of Insperity stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $84.68, for a total value of $508,080.00. Following the completion of the transaction, the chief operating officer now owns 72,551 shares in the company, valued at $6,143,618.68. The trade was a 7.64 % decrease in their position. The disclosure for this sale can be found here. 5.50% of the stock is currently owned by insiders.

Insperity Stock Down 1.3 %

NSP opened at $88.28 on Friday. Insperity, Inc. has a 12 month low of $68.79 and a 12 month high of $109.80. The business has a 50-day moving average of $84.25 and a two-hundred day moving average of $82.41. The company has a debt-to-equity ratio of 3.80, a current ratio of 1.08 and a quick ratio of 1.08. The stock has a market capitalization of $3.29 billion, a price-to-earnings ratio of 36.63 and a beta of 1.02.

Insperity Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 2.72%. The ex-dividend date of this dividend was Thursday, March 13th. Insperity’s dividend payout ratio (DPR) is 99.59%.

About Insperity

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.