KLP Kapitalforvaltning AS Makes New Investment in Insperity, Inc. (NYSE:NSP)

KLP Kapitalforvaltning AS bought a new position in shares of Insperity, Inc. (NYSE:NSP) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 7,100 shares of the business services provider’s stock, valued at approximately $550,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Value Holdings Management CO. LLC increased its stake in Insperity by 4.2% during the 4th quarter. Value Holdings Management CO. LLC now owns 237,798 shares of the business services provider’s stock worth $18,432,000 after acquiring an additional 9,600 shares during the period. State Street Corp grew its holdings in shares of Insperity by 0.9% during the 3rd quarter. State Street Corp now owns 1,287,058 shares of the business services provider’s stock worth $113,261,000 after purchasing an additional 11,123 shares in the last quarter. Jones Financial Companies Lllp increased its position in shares of Insperity by 493.2% in the fourth quarter. Jones Financial Companies Lllp now owns 350 shares of the business services provider’s stock worth $27,000 after purchasing an additional 291 shares during the period. Reinhart Partners LLC. raised its stake in Insperity by 8.3% in the fourth quarter. Reinhart Partners LLC. now owns 1,171,843 shares of the business services provider’s stock valued at $90,830,000 after purchasing an additional 89,809 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in Insperity by 16.5% during the third quarter. JPMorgan Chase & Co. now owns 150,669 shares of the business services provider’s stock worth $13,259,000 after purchasing an additional 21,325 shares during the period. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com raised shares of 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 issued a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, Insperity has a consensus rating of “Hold” and an average target price of $95.67.

Insperity Trading Down 0.6 %

Shares of NSP stock opened at $89.39 on Thursday. Insperity, Inc. has a fifty-two week low of $68.79 and a fifty-two week high of $109.80. The stock’s fifty day moving average price is $84.90 and its two-hundred day moving average price is $82.46. The company has a debt-to-equity ratio of 3.80, a quick ratio of 1.08 and a current ratio of 1.08. The company has a market cap of $3.33 billion, a PE ratio of 37.09 and a beta of 1.02.

Insperity Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 2.68%. The ex-dividend date was Thursday, March 13th. Insperity’s dividend payout ratio (DPR) is presently 99.59%.

Insider Buying and Selling at Insperity

In related news, Director Ellen H. Masterson purchased 1,755 shares of the stock in a transaction dated Wednesday, February 12th. The stock was bought 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 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Arthur A. Arizpe sold 6,000 shares of the firm’s stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $84.68, for a total value of $508,080.00. Following the sale, the chief operating officer now directly 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 disclosure for this sale can be found here. Company 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.