FIL Ltd Purchases 11,510 Shares of Insperity, Inc. (NYSE:NSP)

FIL Ltd lifted its holdings in Insperity, Inc. (NYSE:NSP) by 2.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 517,610 shares of the business services provider’s stock after acquiring an additional 11,510 shares during the period. FIL Ltd owned 1.38% of Insperity worth $40,120,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of NSP. Jones Financial Companies Lllp lifted its holdings in Insperity by 493.2% during the fourth quarter. Jones Financial Companies Lllp now owns 350 shares of the business services provider’s stock worth $27,000 after buying an additional 291 shares during the period. Wilmington Savings Fund Society FSB bought a new position in Insperity in the third quarter worth about $32,000. UMB Bank n.a. raised its holdings in Insperity by 45.9% in the fourth quarter. UMB Bank n.a. now owns 849 shares of the business services provider’s stock worth $66,000 after purchasing an additional 267 shares in the last quarter. New Age Alpha Advisors LLC purchased a new stake in shares of Insperity during the fourth quarter valued at about $87,000. Finally, KBC Group NV boosted its holdings in shares of Insperity by 87.5% in the 4th quarter. KBC Group NV now owns 1,939 shares of the business services provider’s stock valued at $150,000 after buying an additional 905 shares in the last quarter. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Insperity from a “hold” rating to a “buy” rating in a report on Wednesday, February 12th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $95.67.

Insperity Stock Down 1.2 %

NSP opened at $82.99 on Friday. The stock has a market capitalization of $3.09 billion, a price-to-earnings ratio of 34.43 and a beta of 0.67. Insperity, Inc. has a fifty-two week low of $68.79 and a fifty-two week high of $109.80. 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 company has a fifty day moving average of $85.72 and a two-hundred day moving average of $82.11.

Insperity Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 2.89%. The ex-dividend date of this dividend was Thursday, March 13th. Insperity’s dividend payout ratio is currently 99.59%.

Insider Transactions at Insperity

In related news, Director Ellen H. Masterson bought 1,755 shares of the firm’s stock in a transaction that occurred on Wednesday, February 12th. The stock was purchased at an average cost of $85.75 per share, for a total transaction of $150,491.25. Following the completion of the acquisition, the director now owns 16,612 shares in the company, valued at approximately $1,424,479. This trade represents a 11.81 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Arthur A. Arizpe sold 6,000 shares of the stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $84.68, for a total transaction of $508,080.00. Following the completion of the sale, the chief operating officer now directly owns 72,551 shares in the company, valued at approximately $6,143,618.68. This represents a 7.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 5.50% of the company’s stock.

Insperity Company Profile

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.