Charles Schwab Investment Management Inc. Has $103.25 Million Stock Holdings in Insperity, Inc. (NYSE:NSP)

Charles Schwab Investment Management Inc. increased its position in Insperity, Inc. (NYSE:NSP - Free Report) by 5.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 1,332,056 shares of the business services provider's stock after purchasing an additional 71,288 shares during the period. Charles Schwab Investment Management Inc. owned about 3.56% of Insperity worth $103,248,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in NSP. Jones Financial Companies Lllp boosted 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 buying an additional 291 shares during the period. Wilmington Savings Fund Society FSB purchased a new stake in Insperity in the 3rd quarter worth about $32,000. Millburn Ridgefield Corp acquired a new stake in Insperity during the 3rd quarter worth about $53,000. UMB Bank n.a. boosted its position 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 acquiring an additional 267 shares during the period. Finally, KBC Group NV grew its stake in Insperity by 26.4% during the 3rd quarter. KBC Group NV now owns 1,034 shares of the business services provider's stock valued at $91,000 after acquiring an additional 216 shares in the last quarter. Institutional investors and hedge funds own 93.44% of the company's stock.

Insperity Stock Up 0.5 %

NSP stock traded up $0.46 during mid-day trading on Thursday, hitting $87.54. The stock had a trading volume of 248,721 shares, compared to its average volume of 439,809. The company has a fifty day moving average of $81.38 and a 200 day moving average of $82.61. Insperity, Inc. has a 1-year low of $68.79 and a 1-year high of $110.72. The stock has a market capitalization of $3.26 billion, a price-to-earnings ratio of 36.32 and a beta of 1.02. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 3.80.

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Insperity Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 2.74%. The ex-dividend date of this dividend is Thursday, March 13th. Insperity's payout ratio is presently 99.59%.

Insider Buying and Selling

In related news, COO Arthur A. Arizpe sold 6,000 shares of the firm'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 approximately $6,143,618.68. This trade represents a 7.64 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ellen H. Masterson bought 1,755 shares of the firm's stock in a transaction on Wednesday, February 12th. The shares were bought at an average cost of $85.75 per share, with a total value of $150,491.25. Following the transaction, the director now directly owns 16,612 shares of the company's stock, valued at approximately $1,424,479. This trade represents a 11.81 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 5.50% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Insperity from a "hold" rating to a "buy" rating in a research report on Wednesday, February 12th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, Insperity currently has a consensus rating of "Hold" and an average price target of $95.67.

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.