Insperity, Inc. (NYSE:NSP) Holdings Increased by Teacher Retirement System of Texas

Teacher Retirement System of Texas grew its stake in shares of Insperity, Inc. (NYSE:NSP) by 48.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 92,889 shares of the business services provider’s stock after buying an additional 30,235 shares during the quarter. Teacher Retirement System of Texas owned about 0.25% of Insperity worth $7,200,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Value Holdings Management CO. LLC raised its position in shares of 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 buying an additional 9,600 shares in the last quarter. State Street Corp raised its position 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 buying an additional 11,123 shares in the last quarter. Reinhart Partners LLC. raised its holdings in shares of Insperity by 8.3% in the 4th quarter. Reinhart Partners LLC. now owns 1,171,843 shares of the business services provider’s stock worth $90,830,000 after purchasing an additional 89,809 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Insperity by 16.5% in the 3rd 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 in the last quarter. Finally, Barclays PLC raised its holdings in shares of Insperity by 129.7% in the 3rd quarter. Barclays PLC now owns 82,580 shares of the business services provider’s stock worth $7,269,000 after purchasing an additional 46,625 shares in the last quarter. 93.44% of the stock is currently owned by institutional investors.

Insperity Stock Down 1.0 %

NYSE NSP opened at $86.51 on Friday. Insperity, Inc. has a 12 month low of $68.79 and a 12 month high of $110.72. The company’s 50 day simple moving average is $83.10 and its 200 day simple moving average is $82.38. 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 market capitalization of $3.22 billion, a P/E ratio of 35.89 and a beta of 1.02.

Insperity Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be given a $0.60 dividend. The ex-dividend date is Thursday, March 13th. This represents a $2.40 annualized dividend and a dividend yield of 2.77%. Insperity’s dividend payout ratio (DPR) is presently 99.59%.

Wall Street Analysts Forecast Growth

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

Insider Activity at Insperity

In related news, COO Arthur A. Arizpe sold 6,000 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the chief operating officer now owns 72,551 shares in the company, valued at approximately $6,143,618.68. This represents a 7.64 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Paul J. Sarvadi sold 25,000 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the chief executive officer now owns 436,584 shares of the company’s stock, valued at approximately $36,812,762.88. This trade represents a 5.42 % decrease in their position. The disclosure for this sale can be found here. 5.50% of the stock is owned by insiders.

Insperity Company Profile

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.