KLP Kapitalforvaltning AS Invests $550,000 in Insperity, Inc. (NYSE:NSP)

KLP Kapitalforvaltning AS bought a new stake in Insperity, Inc. (NYSE:NSP) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 7,100 shares of the business services provider’s stock, valued at approximately $550,000.

Other institutional investors have also recently bought and sold shares of the company. Assetmark Inc. boosted its holdings in Insperity by 11.6% during the fourth quarter. Assetmark Inc. now owns 2,032 shares of the business services provider’s stock worth $158,000 after purchasing an additional 211 shares during the last quarter. Xponance Inc. lifted its position 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 in the last quarter. UMB Bank n.a. boosted its stake in shares of Insperity by 45.9% during 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 during the last quarter. Jones Financial Companies Lllp grew its holdings in shares of Insperity by 493.2% in the 4th 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 in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Insperity in the third quarter valued at about $32,000. Institutional investors own 93.44% of the company’s stock.

Insperity Stock Performance

NSP opened at $89.39 on Thursday. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 3.80. Insperity, Inc. has a 12-month low of $68.79 and a 12-month high of $109.80. The business has a 50 day moving average of $84.90 and a 200-day moving average of $82.46. The stock has a market cap of $3.33 billion, a price-to-earnings ratio of 37.09 and a beta of 1.02.

Insperity Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were issued a $0.60 dividend. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $2.40 annualized dividend and a dividend yield of 2.68%. Insperity’s dividend payout ratio is currently 99.59%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Insperity from a “hold” rating to a “buy” rating in a research note on Wednesday, February 12th. One research 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.com, the company currently has an average rating of “Hold” and an average price target of $95.67.

Insider Activity

In other Insperity news, CEO Paul J. Sarvadi sold 25,000 shares of the 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 transaction, the chief executive officer now directly owns 436,584 shares of the company’s stock, valued at $36,812,762.88. This represents a 5.42 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ellen H. Masterson acquired 1,755 shares of Insperity stock in a transaction dated Wednesday, February 12th. The shares were purchased at an average price of $85.75 per share, with a total value of $150,491.25. Following the acquisition, the director now owns 16,612 shares of the company’s stock, valued at approximately $1,424,479. This trade represents a 11.81 % increase in their ownership of the stock. The disclosure for this purchase 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.