River Road Asset Management LLC Makes New $47.51 Million Investment in Insperity, Inc. (NYSE:NSP)

River Road Asset Management LLC bought a new position in Insperity, Inc. (NYSE:NSP - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 612,991 shares of the business services provider's stock, valued at approximately $47,513,000. River Road Asset Management LLC owned approximately 1.64% of Insperity at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Value Holdings Management CO. LLC raised its holdings in shares of Insperity by 4.2% in the 4th quarter. Value Holdings Management CO. LLC now owns 237,798 shares of the business services provider's stock worth $18,432,000 after buying an additional 9,600 shares in the last quarter. State Street Corp increased its holdings in Insperity by 0.9% during 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 purchasing an additional 11,123 shares in the last quarter. Reinhart Partners LLC. increased its holdings in Insperity by 8.3% during the 4th quarter. Reinhart Partners LLC. now owns 1,171,843 shares of the business services provider's stock valued at $90,830,000 after purchasing an additional 89,809 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Insperity by 16.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 150,669 shares of the business services provider's stock valued at $13,259,000 after purchasing an additional 21,325 shares in the last quarter. Finally, Barclays PLC increased its holdings in Insperity by 129.7% during the 3rd quarter. Barclays PLC now owns 82,580 shares of the business services provider's stock valued at $7,269,000 after purchasing an additional 46,625 shares in the last quarter. 93.44% of the stock is owned by institutional investors and hedge funds.

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Insperity Trading Down 0.2 %

NSP traded down $0.14 during mid-day trading on Thursday, reaching $87.54. The stock had a trading volume of 319,961 shares, compared to its average volume of 442,283. The stock has a market capitalization of $3.26 billion, a P/E ratio of 36.32 and a beta of 1.02. 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 fifty day simple moving average is $81.63 and its two-hundred day simple moving average is $82.64. Insperity, Inc. has a 52 week low of $68.79 and a 52 week high of $110.72.

Insperity Announces Dividend

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

Analyst Upgrades and Downgrades

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

Insider Buying and Selling at Insperity

In other news, CEO Paul J. Sarvadi sold 25,000 shares of the firm's stock in a transaction 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 $36,812,762.88. This trade represents a 5.42 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Ellen H. Masterson purchased 1,755 shares of Insperity stock in a transaction dated Wednesday, February 12th. The stock was bought at an average price of $85.75 per share, for a total transaction of $150,491.25. Following the completion of the transaction, the director now directly owns 16,612 shares in the company, valued at $1,424,479. The trade was a 11.81 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 5.50% of the company's stock.

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.