Insperity, Inc. (NYSE:NSP) Shares Purchased by Teacher Retirement System of Texas

Teacher Retirement System of Texas lifted its stake in Insperity, Inc. (NYSE:NSP - Free Report) by 48.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 92,889 shares of the business services provider's stock after buying an additional 30,235 shares during the period. Teacher Retirement System of Texas owned approximately 0.25% of Insperity worth $7,200,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of NSP. Charles Schwab Investment Management Inc. lifted its position in shares of Insperity by 5.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,332,056 shares of the business services provider's stock worth $103,248,000 after purchasing an additional 71,288 shares in the last quarter. State Street Corp boosted its position in Insperity by 0.9% in the 3rd quarter. State Street Corp now owns 1,287,058 shares of the business services provider's stock valued at $113,261,000 after buying an additional 11,123 shares during the last quarter. Reinhart Partners LLC. grew its stake in shares of Insperity by 8.3% during 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 acquiring an additional 89,809 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Insperity by 16.7% in the third quarter. Geode Capital Management LLC now owns 968,634 shares of the business services provider's stock worth $85,254,000 after acquiring an additional 138,837 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its holdings in Insperity by 32.3% in the third quarter. Massachusetts Financial Services Co. MA now owns 882,324 shares of the business services provider's stock valued at $77,645,000 after purchasing an additional 215,206 shares during the last quarter. Institutional investors and hedge funds own 93.44% of the company's stock.

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Wall Street Analyst Weigh In

Separately, StockNews.com raised 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 assigned a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $95.67.

Insperity Stock Performance

Shares of NYSE:NSP traded up $0.44 during trading on Thursday, hitting $89.45. 332,589 shares of the company traded hands, compared to its average volume of 311,077. The stock has a market capitalization of $3.33 billion, a price-to-earnings ratio of 37.11 and a beta of 1.02. The business's fifty day moving average is $83.81 and its 200-day moving average is $82.38. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 3.80. Insperity, Inc. has a one year low of $68.79 and a one year high of $110.72.

Insperity Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be given a dividend of $0.60 per share. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $2.40 annualized dividend and a dividend yield of 2.68%. Insperity's dividend payout ratio is currently 99.59%.

Insider Activity at Insperity

In other Insperity news, Director Ellen H. Masterson acquired 1,755 shares of Insperity stock in a transaction dated Wednesday, February 12th. The stock was acquired at an average cost of $85.75 per share, for a total transaction of $150,491.25. Following the completion of the transaction, the director now owns 16,612 shares in the company, valued at approximately $1,424,479. This represents a 11.81 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Paul J. Sarvadi sold 25,000 shares of the stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $84.32, for a total value of $2,108,000.00. Following the completion of the transaction, the chief executive officer now directly owns 436,584 shares of the company's stock, valued at $36,812,762.88. This trade represents a 5.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.50% of the stock is currently 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.