Swiss National Bank Reduces Position in Insperity, Inc. (NYSE:NSP)

Swiss National Bank cut its stake in shares of Insperity, Inc. (NYSE:NSP - Free Report) by 10.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 71,500 shares of the business services provider's stock after selling 8,400 shares during the period. Swiss National Bank owned 0.19% of Insperity worth $8,381,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Assenagon Asset Management S.A. grew its holdings in shares of Insperity by 189.2% during the fourth quarter. Assenagon Asset Management S.A. now owns 29,252 shares of the business services provider's stock worth $3,429,000 after purchasing an additional 19,137 shares in the last quarter. Laurus Investment Counsel Inc. grew its holdings in shares of Insperity by 349.9% during the fourth quarter. Laurus Investment Counsel Inc. now owns 44,095 shares of the business services provider's stock worth $5,169,000 after purchasing an additional 34,295 shares in the last quarter. Epoch Investment Partners Inc. grew its holdings in shares of Insperity by 75.1% during the third quarter. Epoch Investment Partners Inc. now owns 168,652 shares of the business services provider's stock worth $16,460,000 after purchasing an additional 72,361 shares in the last quarter. CenterBook Partners LP purchased a new position in shares of Insperity during the third quarter worth about $3,232,000. Finally, Quantbot Technologies LP purchased a new position in shares of Insperity during the third quarter worth about $624,000. 93.44% of the stock is currently owned by institutional investors.

Insider Activity at Insperity

In related news, CFO Douglas S. Sharp sold 5,212 shares of the company's stock in a transaction that occurred on Wednesday, May 8th. The stock was sold at an average price of $104.47, for a total transaction of $544,497.64. Following the completion of the transaction, the chief financial officer now owns 28,516 shares in the company, valued at $2,979,066.52. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 5.50% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have recently commented on the company. TheStreet lowered Insperity from a "b" rating to a "c+" rating in a report on Monday, February 12th. StockNews.com raised Insperity from a "hold" rating to a "buy" rating in a research note on Thursday, May 9th.

Insperity Trading Down 1.6 %

Shares of NYSE:NSP traded down $1.72 during trading on Tuesday, reaching $102.74. 176,874 shares of the company traded hands, compared to its average volume of 325,014. The firm has a market capitalization of $3.87 billion, a price-to-earnings ratio of 25.12, a P/E/G ratio of 3.00 and a beta of 1.16. Insperity, Inc. has a 52-week low of $90.80 and a 52-week high of $128.91. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 2.64. The business's fifty day moving average is $104.61 and its 200-day moving average is $108.39.

Insperity Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Investors of record on Thursday, March 7th were issued a dividend of $0.57 per share. The ex-dividend date was Wednesday, March 6th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 2.22%. Insperity's dividend payout ratio is presently 55.75%.

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.