Quantbot Technologies LP Lowers Stock Position in Insperity, Inc. (NYSE:NSP)

Quantbot Technologies LP cut its stake in Insperity, Inc. (NYSE:NSP - Free Report) by 49.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,661 shares of the business services provider's stock after selling 16,326 shares during the period. Quantbot Technologies LP's holdings in Insperity were worth $1,291,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of NSP. Jones Financial Companies Lllp boosted its holdings 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 purchasing an additional 291 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of Insperity in the third quarter valued at approximately $32,000. Millburn Ridgefield Corp acquired a new stake in shares of Insperity in the third quarter worth approximately $53,000. UMB Bank n.a. raised its stake in Insperity by 45.9% in the 4th quarter. UMB Bank n.a. now owns 849 shares of the business services provider's stock valued at $66,000 after purchasing an additional 267 shares during the last quarter. Finally, Quarry LP raised its stake in Insperity by 40.9% in the 3rd quarter. Quarry LP now owns 1,533 shares of the business services provider's stock valued at $135,000 after purchasing an additional 445 shares during the last quarter. Hedge funds and other institutional investors own 93.44% of the company's stock.

Insperity Stock Performance

NSP traded down $1.14 on Friday, reaching $88.28. The company had a trading volume of 350,679 shares, compared to its average volume of 324,877. 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 1 year low of $68.79 and a 1 year high of $109.80. The stock has a market capitalization of $3.29 billion, a PE ratio of 36.63 and a beta of 1.02. The stock has a 50-day moving average price of $84.02 and a 200-day moving average price of $82.43.

Insperity Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders 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 2.72%. The ex-dividend date was Thursday, March 13th. Insperity's payout ratio is currently 99.59%.

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling at Insperity

In related news, Director Ellen H. Masterson purchased 1,755 shares of the company's stock in a transaction that occurred on Wednesday, February 12th. The shares were purchased at an average price of $85.75 per share, for a total transaction 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. The trade was a 11.81 % increase in their position. 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 sale, 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 ownership of the stock. The disclosure for this sale can be found here. 5.50% of the stock is currently owned by company insiders.

Insperity 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.