Fulton Bank N.A. Acquires 184 Shares of Insperity, Inc. (NYSE:NSP)

Fulton Bank N.A. lifted its stake in shares of Insperity, Inc. (NYSE:NSP – Get Rating) by 3.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,223 shares of the business services provider’s stock after purchasing an additional 184 shares during the quarter. Fulton Bank N.A.’s holdings in Insperity were worth $707,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. BlackRock Inc. lifted its holdings in shares of Insperity by 10.5% in the third quarter. BlackRock Inc. now owns 5,132,006 shares of the business services provider’s stock worth $523,927,000 after buying an additional 486,424 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Insperity by 129.9% during the first quarter. Charles Schwab Investment Management Inc. now owns 724,095 shares of the business services provider’s stock valued at $72,714,000 after acquiring an additional 409,174 shares in the last quarter. Sunriver Management LLC purchased a new position in Insperity during the first quarter valued at approximately $13,112,000. Bahl & Gaynor Inc. grew its stake in Insperity by 190.8% during the third quarter. Bahl & Gaynor Inc. now owns 138,379 shares of the business services provider’s stock valued at $14,127,000 after acquiring an additional 90,794 shares in the last quarter. Finally, Millennium Management LLC grew its stake in Insperity by 34.2% during the second quarter. Millennium Management LLC now owns 298,156 shares of the business services provider’s stock valued at $29,765,000 after acquiring an additional 75,992 shares in the last quarter. Hedge funds and other institutional investors own 90.19% of the company’s stock.

Insider Buying and Selling at Insperity

In other Insperity news, COO Arthur A. Arizpe sold 2,500 shares of Insperity stock in a transaction that occurred on Friday, February 17th. The shares were sold at an average price of $124.44, for a total transaction of $311,100.00. Following the completion of the sale, the chief operating officer now directly owns 64,168 shares in the company, valued at $7,985,065.92. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other Insperity news, Director Richard G. Rawson sold 6,000 shares of Insperity stock in a transaction that occurred on Friday, February 17th. The shares were sold at an average price of $125.74, for a total transaction of $754,440.00. Following the completion of the sale, the director now directly owns 51,796 shares in the company, valued at $6,512,829.04. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Arthur A. Arizpe sold 2,500 shares of Insperity stock in a transaction that occurred on Friday, February 17th. The shares were 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 of the company’s stock, valued at $7,985,065.92. The disclosure for this sale can be found here. Insiders sold a total of 13,500 shares of company stock worth $1,690,340 over the last three months. 6.10% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on shares of Insperity in a research note on Thursday. They set a “strong-buy” rating for the company.

Insperity Price Performance

Shares of NYSE:NSP opened at $116.34 on Friday. The company has a 50 day moving average of $117.24 and a 200 day moving average of $113.65. The stock has a market cap of $4.40 billion, a P/E ratio of 25.07, a P/E/G ratio of 1.80 and a beta of 1.22. Insperity, Inc. has a 12 month low of $87.74 and a 12 month high of $125.95. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 4.55.

Insperity Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 24th. Shareholders of record on Friday, March 10th will be given a dividend of $0.52 per share. The ex-dividend date of this dividend is Thursday, March 9th. This represents a $2.08 annualized dividend and a yield of 1.79%. Insperity’s payout ratio is presently 44.83%.

Insperity Profile

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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.