Farther Finance Advisors LLC Has $212,000 Stock Position in Insperity, Inc. (NYSE:NSP)

Farther Finance Advisors LLC lowered its stake in Insperity, Inc. (NYSE:NSP) by 33.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,736 shares of the business services provider’s stock after selling 1,347 shares during the period. Farther Finance Advisors LLC’s holdings in Insperity were worth $212,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Value Holdings Management CO. LLC boosted its position in Insperity by 4.2% in the fourth quarter. Value Holdings Management CO. LLC now owns 237,798 shares of the business services provider’s stock valued at $18,432,000 after buying an additional 9,600 shares in the last quarter. State Street Corp raised its stake in shares of Insperity by 0.9% during the third quarter. State Street Corp now owns 1,287,058 shares of the business services provider’s stock valued at $113,261,000 after acquiring an additional 11,123 shares during the last quarter. Reinhart Partners LLC. raised its stake in shares of Insperity by 8.3% during the fourth quarter. Reinhart Partners LLC. now owns 1,171,843 shares of the business services provider’s stock valued at $90,830,000 after acquiring an additional 89,809 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Insperity by 16.5% during the third quarter. JPMorgan Chase & Co. now owns 150,669 shares of the business services provider’s stock valued at $13,259,000 after acquiring an additional 21,325 shares during the last quarter. Finally, Barclays PLC raised its stake in shares of Insperity by 129.7% during the third quarter. Barclays PLC now owns 82,580 shares of the business services provider’s stock valued at $7,269,000 after acquiring an additional 46,625 shares during the last quarter. Institutional investors and hedge funds own 93.44% of the company’s stock.

Insperity Price Performance

Shares of NYSE NSP opened at $90.75 on Thursday. Insperity, Inc. has a twelve month low of $68.79 and a twelve month high of $110.72. The firm has a fifty day simple moving average of $82.65 and a 200 day simple moving average of $82.47. The company has a market capitalization of $3.38 billion, a PE ratio of 37.66 and a beta of 1.02. 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 Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 2.64%. The ex-dividend date of this dividend is Thursday, March 13th. Insperity’s dividend payout ratio is presently 99.59%.

Wall Street Analyst Weigh In

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

Insider Buying and Selling

In other news, Director Ellen H. Masterson bought 1,755 shares of the stock in a transaction that occurred on Wednesday, February 12th. The stock was acquired at an average price of $85.75 per share, with a total value of $150,491.25. Following the completion of the purchase, the director now directly owns 16,612 shares of the company’s stock, valued at approximately $1,424,479. This represents a 11.81 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Paul J. Sarvadi sold 25,000 shares of Insperity stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $84.32, for a total transaction of $2,108,000.00. Following the transaction, the chief executive officer now directly owns 436,584 shares of the company’s stock, valued at $36,812,762.88. This represents a 5.42 % decrease in their position. The disclosure for this sale can be found here. 5.50% of the stock is owned by insiders.

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.