Geode Capital Management LLC Sells 136,482 Shares of Insperity, Inc. (NYSE:NSP)

Geode Capital Management LLC reduced its holdings in Insperity, Inc. (NYSE:NSP) by 14.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 832,152 shares of the business services provider’s stock after selling 136,482 shares during the quarter. Geode Capital Management LLC’s holdings in Insperity were worth $64,514,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Jones Financial Companies Lllp boosted its holdings in Insperity by 493.2% in the fourth 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. Wilmington Savings Fund Society FSB bought a new stake in shares of Insperity during the 3rd quarter valued at about $32,000. UMB Bank n.a. increased its position in shares of Insperity by 45.9% during the fourth quarter. UMB Bank n.a. now owns 849 shares of the business services provider’s stock valued at $66,000 after buying an additional 267 shares during the period. New Age Alpha Advisors LLC bought a new position in Insperity in the fourth quarter worth about $87,000. Finally, KBC Group NV lifted its holdings in Insperity by 87.5% in the fourth quarter. KBC Group NV now owns 1,939 shares of the business services provider’s stock worth $150,000 after buying an additional 905 shares during the period. 93.44% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Insperity

In related news, Director Ellen H. Masterson purchased 1,755 shares of Insperity stock in a transaction dated Wednesday, February 12th. The stock was purchased at an average cost of $85.75 per share, for a total transaction of $150,491.25. Following the completion of the acquisition, the director now directly owns 16,612 shares of the company’s stock, valued at $1,424,479. The trade was a 11.81 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, COO Arthur A. Arizpe sold 6,000 shares of Insperity stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $84.68, for a total value of $508,080.00. Following the completion of the transaction, the chief operating officer now directly owns 72,551 shares of the company’s stock, valued at approximately $6,143,618.68. This represents a 7.64 % decrease in their position. The disclosure for this sale can be found here. 5.50% of the stock is owned by corporate insiders.

Insperity Stock Up 2.6 %

Shares of Insperity stock opened at $85.10 on Friday. Insperity, Inc. has a 1 year low of $68.79 and a 1 year high of $109.80. The company has a debt-to-equity ratio of 3.80, a current ratio of 1.08 and a quick ratio of 1.08. The company has a 50-day moving average of $85.91 and a 200 day moving average of $82.10. The firm has a market cap of $3.17 billion, a price-to-earnings ratio of 35.31 and a beta of 0.67.

Insperity Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were paid a $0.60 dividend. The ex-dividend date was Thursday, March 13th. This represents a $2.40 annualized dividend and a dividend yield of 2.82%. Insperity’s payout ratio is currently 99.59%.

Analyst Ratings Changes

Separately, StockNews.com upgraded Insperity from a “hold” rating to a “buy” rating in a report on Wednesday, February 12th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price 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.