Charles Schwab Investment Management Inc. Grows Stock Position in Insperity, Inc. (NYSE:NSP)

Charles Schwab Investment Management Inc. increased its holdings in shares of Insperity, Inc. (NYSE:NSP) by 5.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,332,056 shares of the business services provider’s stock after buying an additional 71,288 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Insperity were worth $103,248,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp lifted its position in Insperity by 493.2% during the fourth quarter. Jones Financial Companies Lllp now owns 350 shares of the business services provider’s stock worth $27,000 after buying an additional 291 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in Insperity during the third quarter worth about $32,000. Millburn Ridgefield Corp purchased a new position in Insperity during the third quarter worth about $53,000. UMB Bank n.a. lifted its position in Insperity by 45.9% during the fourth 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 period. Finally, KBC Group NV lifted its position in Insperity by 26.4% during the third quarter. KBC Group NV now owns 1,034 shares of the business services provider’s stock worth $91,000 after buying an additional 216 shares during the period. 93.44% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Insperity news, CEO Paul J. Sarvadi sold 25,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $84.32, for a total transaction 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 $36,812,762.88. This trade represents a 5.42 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ellen H. Masterson acquired 1,755 shares of the stock in a transaction on Wednesday, February 12th. The shares were acquired at an average price of $85.75 per share, with a total value of $150,491.25. Following the purchase, the director now owns 16,612 shares in the company, valued at $1,424,479. This 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 Price Performance

NSP stock opened at $90.57 on Monday. The company has a debt-to-equity ratio of 3.80, a quick ratio of 1.08 and a current ratio of 1.08. Insperity, Inc. has a 1 year low of $68.79 and a 1 year high of $110.72. The firm has a market cap of $3.37 billion, a P/E ratio of 37.58 and a beta of 1.02. The stock has a 50-day simple moving average of $80.61 and a 200-day simple moving average of $82.59.

Insperity Announces Dividend

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 paid a $0.60 dividend. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.65%. Insperity’s dividend payout ratio (DPR) is currently 99.59%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Insperity from a “hold” rating to a “buy” rating in a 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 given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average 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.