Sei Investments Co. Has $60.86 Million Stake in Insperity, Inc. (NYSE:NSP)

Sei Investments Co. grew its stake in Insperity, Inc. (NYSE:NSP) by 5.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 785,134 shares of the business services provider’s stock after purchasing an additional 42,792 shares during the period. Sei Investments Co. owned about 2.10% of Insperity worth $60,858,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Assetmark Inc. boosted its position in Insperity by 11.6% in the fourth quarter. Assetmark Inc. now owns 2,032 shares of the business services provider’s stock valued at $158,000 after buying an additional 211 shares in the last quarter. Xponance Inc. lifted its stake in shares of Insperity by 4.5% in the 4th quarter. Xponance Inc. now owns 5,080 shares of the business services provider’s stock valued at $394,000 after acquiring an additional 220 shares during the last quarter. UMB Bank n.a. boosted its holdings in shares of Insperity by 45.9% during the 4th quarter. UMB Bank n.a. now owns 849 shares of the business services provider’s stock valued at $66,000 after acquiring an additional 267 shares in the last quarter. Jones Financial Companies Lllp grew its position in Insperity by 493.2% during the 4th quarter. Jones Financial Companies Lllp now owns 350 shares of the business services provider’s stock worth $27,000 after acquiring an additional 291 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new position in Insperity in the 3rd quarter worth about $32,000. 93.44% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Insperity from a “hold” rating to a “buy” rating in a research note on Wednesday, February 12th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $95.67.

Insperity Stock Performance

Shares of Insperity stock opened at $86.51 on Monday. The stock has a market cap of $3.22 billion, a price-to-earnings ratio of 35.89 and a beta of 1.02. Insperity, Inc. has a twelve month low of $68.79 and a twelve month high of $110.72. The company’s fifty day moving average is $83.10 and its 200 day moving average is $82.32. 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 Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be paid a $0.60 dividend. The ex-dividend date is Thursday, March 13th. This represents a $2.40 annualized dividend and a dividend yield of 2.77%. Insperity’s payout ratio is 99.59%.

Insider Transactions at Insperity

In other news, Director Ellen H. Masterson acquired 1,755 shares of the firm’s stock in a transaction dated Wednesday, February 12th. The stock was bought at an average cost 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. This represents a 11.81 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Paul J. Sarvadi sold 25,000 shares of the business’s stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $84.32, for a total transaction of $2,108,000.00. Following the completion of the transaction, the chief executive officer now owns 436,584 shares in the company, valued at approximately $36,812,762.88. The trade was a 5.42 % decrease in their position. The disclosure for this sale can be found here. 5.50% of the stock is owned by corporate 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.