Insperity, Inc. (NYSE:NSP) Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC decreased its holdings in shares of Insperity, Inc. (NYSE:NSP) by 2.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,760 shares of the business services provider’s stock after selling 515 shares during the quarter. Mutual of America Capital Management LLC owned about 0.05% of Insperity worth $1,454,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. State of Alaska Department of Revenue boosted its stake in Insperity by 7.3% during the third quarter. State of Alaska Department of Revenue now owns 4,108 shares of the business services provider’s stock worth $361,000 after buying an additional 280 shares during the period. Janney Montgomery Scott LLC lifted its position in shares of Insperity by 9.0% during the third quarter. Janney Montgomery Scott LLC now owns 8,884 shares of the business services provider’s stock worth $782,000 after purchasing an additional 733 shares in the last quarter. Markel Group Inc. raised its holdings in Insperity by 32.6% in the third quarter. Markel Group Inc. now owns 70,143 shares of the business services provider’s stock valued at $6,173,000 after acquiring an additional 17,237 shares in the last quarter. Atria Investments Inc raised its holdings in Insperity by 9.1% in the third quarter. Atria Investments Inc now owns 4,672 shares of the business services provider’s stock valued at $411,000 after acquiring an additional 389 shares in the last quarter. Finally, Covestor Ltd raised its holdings in Insperity by 21.7% in the third quarter. Covestor Ltd now owns 1,156 shares of the business services provider’s stock valued at $102,000 after acquiring an additional 206 shares in the last quarter. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Insperity Stock Performance

NYSE:NSP opened at $90.57 on Friday. The firm’s fifty day moving average price is $80.61 and its 200 day moving average price is $82.66. Insperity, Inc. has a 1-year low of $68.79 and a 1-year high of $110.72. 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 firm has a market cap of $3.37 billion, a price-to-earnings ratio of 37.58 and a beta of 1.02.

Insperity Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be given a $0.60 dividend. The ex-dividend date is Thursday, March 13th. This represents a $2.40 dividend on an annualized basis and a yield of 2.65%. Insperity’s dividend payout ratio (DPR) is 99.59%.

Wall Street Analyst Weigh In

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

Insider Buying and Selling at Insperity

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