AlphaCrest Capital Management LLC Trims Stake in Insperity, Inc. (NYSE:NSP)

AlphaCrest Capital Management LLC lessened its holdings in Insperity, Inc. (NYSE:NSP – Get Rating) by 87.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,647 shares of the business services provider’s stock after selling 19,312 shares during the period. AlphaCrest Capital Management LLC’s holdings in Insperity were worth $270,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Prudential Financial Inc. boosted its position in shares of Insperity by 32.6% during the third quarter. Prudential Financial Inc. now owns 104,868 shares of the business services provider’s stock worth $10,708,000 after buying an additional 25,781 shares during the period. Mackenzie Financial Corp boosted its holdings in Insperity by 47.7% during the 2nd quarter. Mackenzie Financial Corp now owns 7,997 shares of the business services provider’s stock valued at $798,000 after acquiring an additional 2,584 shares during the period. Hsbc Holdings PLC grew its position in Insperity by 23.8% in the 3rd quarter. Hsbc Holdings PLC now owns 10,405 shares of the business services provider’s stock valued at $1,084,000 after acquiring an additional 1,997 shares in the last quarter. Advisors Asset Management Inc. purchased a new stake in Insperity during the third quarter worth about $211,000. Finally, Copeland Capital Management LLC lifted its position in shares of Insperity by 1.0% during the third quarter. Copeland Capital Management LLC now owns 511,626 shares of the business services provider’s stock worth $52,231,000 after purchasing an additional 5,076 shares in the last quarter. 90.19% of the stock is currently owned by hedge funds and other institutional investors.

Insperity Trading Down 2.1 %

Shares of NSP stock opened at $118.56 on Monday. Insperity, Inc. has a fifty-two week low of $86.30 and a fifty-two week high of $125.95. The company has a 50 day moving average price of $116.75 and a 200 day moving average price of $113.48. The stock has a market capitalization of $4.49 billion, a P/E ratio of 25.55, a price-to-earnings-growth ratio of 1.79 and a beta of 1.22. The company has a debt-to-equity ratio of 4.55, a quick ratio of 1.12 and a current ratio of 1.12.

Insperity Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 24th. Shareholders of record on Friday, March 10th will be paid a $0.52 dividend. The ex-dividend date is Thursday, March 9th. This represents a $2.08 annualized dividend and a dividend yield of 1.75%. Insperity’s dividend payout ratio (DPR) is 44.83%.

Insider Activity

In other Insperity news, COO Arthur A. Arizpe sold 2,500 shares of the company’s stock in a transaction dated Friday, February 17th. The stock was sold at an average price of $124.44, for a total transaction of $311,100.00. Following the sale, the chief operating officer now owns 64,168 shares in the company, valued at approximately $7,985,065.92. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other Insperity news, EVP James D. Allison sold 5,000 shares of the firm’s stock in a transaction on Friday, February 17th. The stock was sold at an average price of $124.96, for a total value of $624,800.00. Following the sale, the executive vice president now directly owns 40,380 shares in the company, valued at $5,045,884.80. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Arthur A. Arizpe sold 2,500 shares of Insperity stock in a transaction dated Friday, February 17th. The stock was sold at an average price of $124.44, for a total value of $311,100.00. Following the sale, the chief operating officer now directly owns 64,168 shares of the company’s stock, valued at $7,985,065.92. The disclosure for this sale can be found here. Over the last three months, insiders have sold 13,500 shares of company stock worth $1,690,340. Corporate insiders own 6.10% of the company’s stock.

About Insperity

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Insperity, Inc engages in the provision of human resources and business solutions designed to help improve business performance. The firm also offers payroll and employment administration, employee benefits, workers’ compensation, government compliance, performance management, and training and development services, along with cloud-based human capital management platform.