Swiss National Bank Raises Stock Position in Insperity, Inc. (NYSE:NSP)

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

Several other institutional investors also recently bought and sold shares of NSP. HighTower Advisors LLC boosted its position in shares of Insperity by 18.4% in the 4th quarter. HighTower Advisors LLC now owns 8,059 shares of the business services provider’s stock worth $625,000 after purchasing an additional 1,251 shares in the last quarter. Markel Group Inc. boosted its holdings in Insperity by 87.8% in the fourth quarter. Markel Group Inc. now owns 131,728 shares of the business services provider’s stock worth $10,210,000 after acquiring an additional 61,585 shares in the last quarter. River Road Asset Management LLC purchased a new stake in shares of Insperity during the fourth quarter worth about $47,513,000. PNC Financial Services Group Inc. increased its holdings in shares of Insperity by 137.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,226 shares of the business services provider’s stock valued at $405,000 after acquiring an additional 3,028 shares in the last quarter. Finally, Edgestream Partners L.P. raised its position in shares of Insperity by 57.2% in the 4th quarter. Edgestream Partners L.P. now owns 14,934 shares of the business services provider’s stock valued at $1,158,000 after purchasing an additional 5,434 shares during the last quarter. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Insperity Trading Up 2.8 %

Shares of NYSE:NSP opened at $89.02 on Tuesday. 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 52-week low of $68.79 and a 52-week high of $110.72. The stock has a market cap of $3.31 billion, a price-to-earnings ratio of 36.94 and a beta of 1.02. The business has a 50-day moving average price of $83.34 and a 200-day moving average price of $82.32.

Insperity Announces Dividend

The firm 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 2.70%. The ex-dividend date of this dividend is Thursday, March 13th. Insperity’s payout ratio is 99.59%.

Insider Activity

In other 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 transaction of $508,080.00. Following the sale, the chief operating officer now directly owns 72,551 shares of the company’s stock, valued at $6,143,618.68. This represents a 7.64 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Paul J. Sarvadi sold 25,000 shares of the firm’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 sale, the chief executive officer now owns 436,584 shares in the company, valued at $36,812,762.88. This trade represents a 5.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 5.50% of the company’s stock.

Wall Street Analyst Weigh In

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 issued a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average 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.