Trexquant Investment LP Makes New Investment in Insperity, Inc. (NYSE:NSP)

Trexquant Investment LP acquired a new position in Insperity, Inc. (NYSE:NSP - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 24,255 shares of the business services provider's stock, valued at approximately $1,880,000. Trexquant Investment LP owned approximately 0.06% of Insperity as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of NSP. Mawer Investment Management Ltd. increased its holdings in shares of Insperity by 0.5% in the fourth quarter. Mawer Investment Management Ltd. now owns 5,217,635 shares of the business services provider's stock valued at $404,419,000 after buying an additional 27,599 shares in the last quarter. Orion Portfolio Solutions LLC purchased a new stake in shares of Insperity during the fourth quarter valued at $372,000. New Age Alpha Advisors LLC acquired a new position in shares of Insperity in the 4th quarter valued at $87,000. Norges Bank purchased a new position in Insperity in the 4th quarter worth about $31,587,000. Finally, JPMorgan Chase & Co. raised its holdings in Insperity by 92.6% during the 4th quarter. JPMorgan Chase & Co. now owns 290,166 shares of the business services provider's stock worth $22,491,000 after buying an additional 139,497 shares during the period. Institutional investors and hedge funds own 93.44% of the company's stock.

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 transaction of $508,080.00. Following the completion of the transaction, the chief operating officer now owns 72,551 shares in the company, valued at $6,143,618.68. This trade represents a 7.64 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Paul J. Sarvadi sold 25,000 shares of the company's stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $84.32, for a total value of $2,108,000.00. Following the completion of the sale, the chief executive officer now owns 436,584 shares in the company, 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 owned by company insiders.

Insperity Stock Performance

Shares of NYSE NSP traded up $0.11 during mid-day trading on Monday, hitting $85.24. The company had a trading volume of 28,193 shares, compared to its average volume of 329,323. The business's 50-day simple moving average is $85.91 and its 200-day simple moving average is $82.07. The company has a debt-to-equity ratio of 3.80, a current ratio of 1.08 and a quick ratio of 1.08. The firm has a market cap of $3.17 billion, a P/E ratio of 35.37 and a beta of 0.67. Insperity, Inc. has a 12 month low of $68.79 and a 12 month high of $109.80.

Insperity Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were paid a $0.60 dividend. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.82%. Insperity's payout ratio is 99.59%.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of 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 issued a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $95.67.

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.