Farringdon Capital Ltd. Buys Shares of 3,505 Insperity, Inc. (NYSE:NSP)

Farringdon Capital Ltd. bought a new stake in shares of Insperity, Inc. (NYSE:NSP - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 3,505 shares of the business services provider's stock, valued at approximately $272,000.

A number of other institutional investors also recently modified their holdings of NSP. Mawer Investment Management Ltd. lifted its stake in shares of Insperity by 0.5% in the 4th quarter. Mawer Investment Management Ltd. now owns 5,217,635 shares of the business services provider's stock valued at $404,419,000 after purchasing an additional 27,599 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Insperity by 4.4% during the 4th quarter. Vanguard Group Inc. now owns 4,008,334 shares of the business services provider's stock worth $310,686,000 after acquiring an additional 167,560 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Insperity by 5.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,332,056 shares of the business services provider's stock valued at $103,248,000 after acquiring an additional 71,288 shares in the last quarter. Reinhart Partners LLC. lifted its holdings in 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 during the last quarter. Finally, Geode Capital Management LLC boosted its position in Insperity by 16.7% during the third quarter. Geode Capital Management LLC now owns 968,634 shares of the business services provider's stock worth $85,254,000 after purchasing an additional 138,837 shares during the period. Institutional investors and hedge funds own 93.44% of the company's stock.

Insperity Price Performance

Shares of NYSE:NSP traded down $0.20 on Thursday, hitting $78.77. The stock had a trading volume of 129,821 shares, compared to its average volume of 445,058. The company has a market capitalization of $2.96 billion, a price-to-earnings ratio of 32.68 and a beta of 0.67. 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 firm's 50 day moving average price is $85.96 and its 200-day moving average price is $81.80. Insperity, Inc. has a twelve month low of $68.79 and a twelve month high of $109.38.

Insperity Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were issued a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 3.05%. The ex-dividend date was Thursday, March 13th. Insperity's payout ratio is currently 99.59%.

Insider Transactions at Insperity

In other news, COO Arthur A. Arizpe sold 6,000 shares of the business's stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $84.68, for a total value of $508,080.00. Following the transaction, the chief operating officer now directly owns 72,551 shares of the company's stock, valued at $6,143,618.68. The trade was a 7.64 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Paul J. Sarvadi sold 25,000 shares of the business'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 transaction, the chief executive officer now owns 436,584 shares of the company's stock, valued at $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 company insiders.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on NSP shares. Truist Financial decreased their price target on shares of Insperity from $88.00 to $82.00 and set a "hold" rating for the company in a report on Tuesday, April 15th. StockNews.com upgraded shares of Insperity from a "hold" rating to a "buy" rating in a research report on Wednesday, February 12th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $93.67.

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.