Mawer Investment Management Ltd. Raises Position in Insperity, Inc. (NYSE:NSP)

Mawer Investment Management Ltd. increased its stake in Insperity, Inc. (NYSE:NSP) by 0.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 5,217,635 shares of the business services provider’s stock after purchasing an additional 27,599 shares during the quarter. Insperity comprises about 1.8% of Mawer Investment Management Ltd.’s holdings, making the stock its 17th largest position. Mawer Investment Management Ltd. owned approximately 0.14% of Insperity worth $404,419,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Jones Financial Companies Lllp grew its position 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 purchased a new position in shares of Insperity in the third quarter valued at $32,000. Millburn Ridgefield Corp acquired a new stake in Insperity during the 3rd quarter valued at $53,000. UMB Bank n.a. increased its stake in Insperity by 45.9% during the 4th 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, New Age Alpha Advisors LLC acquired a new position in Insperity in the 4th quarter worth $87,000. 93.44% of the stock is owned by institutional investors and hedge funds.

Insperity Stock Performance

Insperity stock opened at $88.28 on Friday. Insperity, Inc. has a 52 week low of $68.79 and a 52 week high of $109.80. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 3.80. The stock has a market cap of $3.29 billion, a P/E ratio of 36.63 and a beta of 1.02. The stock has a 50 day moving average of $84.25 and a 200-day moving average of $82.41.

Insperity Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were paid a dividend of $0.60 per share. The ex-dividend date was Thursday, March 13th. This represents a $2.40 dividend on an annualized basis and a yield of 2.72%. Insperity’s dividend payout ratio (DPR) is 99.59%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Insperity from a “hold” rating to a “buy” rating in a research note 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 company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $95.67.

Insiders Place Their Bets

In other news, CEO Paul J. Sarvadi sold 25,000 shares of the stock in a transaction dated 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 transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible 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 owns 72,551 shares of the company’s stock, valued at $6,143,618.68. This trade represents a 7.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.50% of the stock is owned by company 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.