Mawer Investment Management Ltd. Boosts Stake in Insperity, Inc. (NYSE:NSP)

Mawer Investment Management Ltd. lifted its position in shares of Insperity, Inc. (NYSE:NSP - Free Report) by 0.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,217,635 shares of the business services provider's stock after acquiring an additional 27,599 shares during the quarter. Insperity accounts for approximately 1.8% of Mawer Investment Management Ltd.'s investment portfolio, making the stock its 17th biggest holding. Mawer Investment Management Ltd. owned approximately 13.96% of Insperity worth $404,419,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Jones Financial Companies Lllp lifted 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 valued at $27,000 after acquiring an additional 291 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Insperity in the 3rd quarter valued at $32,000. Millburn Ridgefield Corp purchased a new position in Insperity in the 3rd quarter valued at $53,000. UMB Bank n.a. boosted 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 purchasing an additional 267 shares during the last quarter. Finally, New Age Alpha Advisors LLC purchased a new stake in shares of Insperity during the fourth quarter worth $87,000. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Insperity Trading Down 2.7 %

NYSE NSP traded down $2.45 on Thursday, reaching $86.83. 117,946 shares of the company were exchanged, compared to its average volume of 323,427. 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 business's fifty day moving average price is $84.90 and its 200 day moving average price is $82.46. The stock has a market capitalization of $3.23 billion, a P/E ratio of 36.03 and a beta of 1.02. Insperity, Inc. has a fifty-two week low of $68.79 and a fifty-two week high of $109.80.

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Insperity Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 2.76%. The ex-dividend date of this dividend was Thursday, March 13th. Insperity's payout ratio is currently 99.59%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Insperity from a "hold" rating to a "buy" rating in a research note 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 stock. Based on data from MarketBeat.com, Insperity has a consensus rating of "Hold" and an average price target of $95.67.

Insider Buying and Selling

In related news, CEO Paul J. Sarvadi sold 25,000 shares of the company'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 value of $2,108,000.00. Following the transaction, the chief executive officer now directly owns 436,584 shares in the company, valued at approximately $36,812,762.88. This represents a 5.42 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Arthur A. Arizpe sold 6,000 shares of the 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 completion of the transaction, the chief operating officer now owns 72,551 shares of the company's stock, valued at $6,143,618.68. The trade was 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.