Jones Financial Companies Lllp Purchases 291 Shares of Insperity, Inc. (NYSE:NSP)

Jones Financial Companies Lllp grew its position in Insperity, Inc. (NYSE:NSP) by 493.2% during the fourth quarter, HoldingsChannel reports. The firm owned 350 shares of the business services provider’s stock after buying an additional 291 shares during the quarter. Jones Financial Companies Lllp’s holdings in Insperity were worth $27,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. State Street Corp raised its position in shares of Insperity by 0.9% in the third quarter. State Street Corp now owns 1,287,058 shares of the business services provider’s stock valued at $113,261,000 after purchasing an additional 11,123 shares during the period. Charles Schwab Investment Management Inc. increased its position in Insperity by 4.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,260,768 shares of the business services provider’s stock worth $110,948,000 after acquiring an additional 59,216 shares during the period. Reinhart Partners LLC. increased its position in Insperity by 8.3% during the fourth quarter. Reinhart Partners LLC. now owns 1,171,843 shares of the business services provider’s stock worth $90,830,000 after acquiring an additional 89,809 shares during the period. Geode Capital Management LLC increased its position in Insperity by 16.7% during the third quarter. Geode Capital Management LLC now owns 968,634 shares of the business services provider’s stock worth $85,254,000 after acquiring an additional 138,837 shares during the period. Finally, Massachusetts Financial Services Co. MA increased its position in 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 acquiring an additional 215,206 shares during the period. Institutional investors own 93.44% of the company’s stock.

Insiders Place Their Bets

In other Insperity news, CEO Paul J. Sarvadi sold 25,000 shares of Insperity stock in a transaction on 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 sale, the chief executive officer now 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Ellen H. Masterson purchased 1,755 shares of the firm’s stock in a transaction on Wednesday, February 12th. The shares were 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 of the company’s stock, valued at approximately $1,424,479. This represents a 11.81 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 5.50% of the company’s stock.

Insperity Trading Up 0.4 %

Shares of NSP stock opened at $90.75 on Thursday. Insperity, Inc. has a 1 year low of $68.79 and a 1 year high of $110.72. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 3.80. The firm’s fifty day simple moving average is $82.65 and its 200 day simple moving average is $82.47. The firm has a market capitalization of $3.38 billion, a P/E ratio of 37.66 and a beta of 1.02.

Insperity Dividend Announcement

The firm also recently declared 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. The ex-dividend date is Thursday, March 13th. This represents a $2.40 dividend on an annualized basis and a yield of 2.64%. Insperity’s dividend payout ratio is currently 99.59%.

Wall Street Analysts Forecast Growth

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

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.