Sei Investments Co. Buys 42,792 Shares of Insperity, Inc. (NYSE:NSP)

Sei Investments Co. grew its stake in shares of Insperity, Inc. (NYSE:NSP) by 5.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 785,134 shares of the business services provider’s stock after purchasing an additional 42,792 shares during the period. Sei Investments Co.’s holdings in Insperity were worth $60,858,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. River Road Asset Management LLC acquired a new position in Insperity during the 4th quarter worth approximately $47,513,000. Massachusetts Financial Services Co. MA raised its position in shares of Insperity by 32.3% during the third quarter. Massachusetts Financial Services Co. MA now owns 882,324 shares of the business services provider’s stock worth $77,645,000 after purchasing an additional 215,206 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Insperity by 16.7% in the 3rd 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 in the last quarter. Raymond James Financial Inc. bought a new stake in Insperity during the 4th quarter valued at $10,390,000. Finally, Hotchkis & Wiley Capital Management LLC acquired a new position in Insperity during the third quarter worth $8,690,000. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Insperity Stock Down 1.0 %

NSP stock opened at $86.51 on Monday. The firm has a market capitalization of $3.22 billion, a PE ratio of 35.89 and a beta of 1.02. 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 twelve month low of $68.79 and a twelve month high of $110.72. The stock’s 50 day moving average is $83.10 and its 200-day moving average is $82.32.

Insperity Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 2.77%. The ex-dividend date of this dividend is Thursday, March 13th. Insperity’s dividend payout ratio (DPR) is presently 99.59%.

Wall Street Analysts Forecast Growth

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

Insiders Place Their Bets

In other Insperity news, COO Arthur A. Arizpe sold 6,000 shares of the stock in a transaction dated 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 approximately $6,143,618.68. This trade represents a 7.64 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Ellen H. Masterson bought 1,755 shares of the business’s stock in a transaction dated Wednesday, February 12th. The stock was acquired at an average price of $85.75 per share, for a total transaction of $150,491.25. Following the purchase, the director now directly owns 16,612 shares in the company, valued at approximately $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. 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.