Intech Investment Management LLC Raises Stock Holdings in Insperity, Inc. (NYSE:NSP)

Intech Investment Management LLC boosted its stake in shares of Insperity, Inc. (NYSE:NSP) by 11.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 23,412 shares of the business services provider’s stock after purchasing an additional 2,431 shares during the quarter. Intech Investment Management LLC’s holdings in Insperity were worth $1,815,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. River Road Asset Management LLC bought a new stake in shares of Insperity in the 4th quarter valued at about $47,513,000. Massachusetts Financial Services Co. MA boosted its stake in Insperity by 32.3% in the third quarter. Massachusetts Financial Services Co. MA now owns 882,324 shares of the business services provider’s stock valued at $77,645,000 after acquiring an additional 215,206 shares in the last quarter. Geode Capital Management LLC grew its holdings in Insperity by 16.7% in the third quarter. Geode Capital Management LLC now owns 968,634 shares of the business services provider’s stock worth $85,254,000 after purchasing an additional 138,837 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Insperity in the fourth quarter worth $10,390,000. Finally, Hotchkis & Wiley Capital Management LLC acquired a new position in shares of Insperity during the third quarter worth $8,690,000. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Insperity Stock Down 3.9 %

NSP stock opened at $87.34 on Friday. The stock has a market capitalization of $3.25 billion, a PE ratio of 36.24 and a beta of 1.02. Insperity, Inc. has a 52 week low of $68.79 and a 52 week high of $110.72. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 3.80. The firm has a 50 day moving average of $82.88 and a 200 day moving average of $82.50.

Insperity Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be paid a dividend of $0.60 per share. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $2.40 annualized dividend and a dividend yield of 2.75%. Insperity’s payout ratio is currently 99.59%.

Insider Activity

In related news, CEO Paul J. Sarvadi sold 25,000 shares of Insperity stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $84.32, for a total transaction of $2,108,000.00. Following the completion of the sale, the chief executive officer now owns 436,584 shares of the company’s stock, valued at $36,812,762.88. The trade was a 5.42 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Ellen H. Masterson bought 1,755 shares of the company’s stock in a transaction that occurred on Wednesday, February 12th. The stock was purchased at an average price of $85.75 per share, for a total transaction of $150,491.25. Following the transaction, the director now owns 16,612 shares of the company’s stock, valued at $1,424,479. The trade was a 11.81 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 5.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Insperity from a “hold” rating to a “buy” rating in a research note 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. According to MarketBeat.com, Insperity currently has a consensus rating of “Hold” and a consensus price target of $95.67.

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.