Swiss National Bank Acquires 400 Shares of Insperity, Inc. (NYSE:NSP)

Swiss National Bank grew its holdings in Insperity, Inc. (NYSE:NSP) by 0.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 70,100 shares of the business services provider’s stock after acquiring an additional 400 shares during the period. Swiss National Bank owned 0.19% of Insperity worth $5,433,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. 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 valued at $27,000 after purchasing an additional 291 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in Insperity during the third quarter valued at approximately $32,000. Millburn Ridgefield Corp purchased a new position in shares of Insperity in the third quarter valued at $53,000. UMB Bank n.a. grew its stake in shares of Insperity by 45.9% in the 4th quarter. UMB Bank n.a. now owns 849 shares of the business services provider’s stock worth $66,000 after buying an additional 267 shares in the last quarter. Finally, Quarry LP increased its holdings in shares of Insperity by 40.9% in the 3rd quarter. Quarry LP now owns 1,533 shares of the business services provider’s stock worth $135,000 after buying an additional 445 shares during the last quarter. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Insperity Trading Up 2.8 %

NYSE NSP opened at $89.02 on Tuesday. Insperity, Inc. has a 12 month low of $68.79 and a 12 month high of $110.72. The company’s 50-day moving average price is $83.34 and its 200-day moving average price is $82.32. The stock has a market cap of $3.31 billion, a PE ratio of 36.94 and a beta of 1.02. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 3.80.

Insperity Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.70%. The ex-dividend date of this dividend is Thursday, March 13th. Insperity’s dividend payout ratio (DPR) is presently 99.59%.

Analysts Set New Price Targets

Separately, StockNews.com raised 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 assigned a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $95.67.

Insider Activity

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

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.