Quantbot Technologies LP Sells 16,326 Shares of Insperity, Inc. (NYSE:NSP)

Quantbot Technologies LP cut its stake in shares of Insperity, Inc. (NYSE:NSP) by 49.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,661 shares of the business services provider’s stock after selling 16,326 shares during the quarter. Quantbot Technologies LP’s holdings in Insperity were worth $1,291,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Assetmark Inc. boosted its position in shares of Insperity by 11.6% during the 4th quarter. Assetmark Inc. now owns 2,032 shares of the business services provider’s stock worth $158,000 after purchasing an additional 211 shares in the last quarter. Xponance Inc. raised its stake in Insperity by 4.5% during the 4th quarter. Xponance Inc. now owns 5,080 shares of the business services provider’s stock worth $394,000 after buying an additional 220 shares during the period. UMB Bank n.a. boosted 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 acquiring an additional 267 shares in the last quarter. Jones Financial Companies Lllp grew its stake in Insperity by 493.2% in the fourth quarter. Jones Financial Companies Lllp now owns 350 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 291 shares during the period. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of Insperity during the third quarter valued at approximately $32,000. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Insperity Price Performance

Shares of NYSE NSP opened at $89.02 on Tuesday. 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 firm’s 50-day simple moving average is $83.34 and its 200 day simple moving average is $82.32. The stock has a market cap of $3.31 billion, a price-to-earnings ratio of 36.94 and a beta of 1.02. Insperity, Inc. has a fifty-two week low of $68.79 and a fifty-two week high of $110.72.

Insperity Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be given 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 2.70%. Insperity’s payout ratio is 99.59%.

Insider Buying and Selling

In other news, COO Arthur A. Arizpe sold 6,000 shares of the company’s 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 sale, the chief operating officer now owns 72,551 shares in the company, valued at $6,143,618.68. This represents a 7.64 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Paul J. Sarvadi sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $84.32, for a total transaction of $2,108,000.00. Following the transaction, the chief executive officer now directly owns 436,584 shares in the company, valued at $36,812,762.88. The trade was a 5.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.50% of the stock is currently owned by corporate insiders.

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.