JPMorgan Chase & Co. Raises Holdings in Insperity, Inc. (NYSE:NSP)

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JPMorgan Chase & Co. boosted its holdings in shares of Insperity, Inc. (NYSE:NSP – Free Report) by 92.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 290,166 shares of the business services provider’s stock after purchasing an additional 139,497 shares [...]

JPMorgan Chase & Co. boosted its holdings in shares of Insperity, Inc. (NYSE:NSP – Free Report) by 92.

6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 290,166 shares of the business services provider’s stock after purchasing an additional 139,497 shares during the quarter. JPMorgan Chase & Co.



owned about 0.78% of Insperity worth $22,491,000 as of its most recent SEC filing. Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock.

Jones Financial Companies Lllp lifted its stake in shares of 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.

Wilmington Savings Fund Society FSB purchased a new stake in shares of Insperity in the third quarter valued at approximately $32,000. UMB Bank n.a.

increased its holdings in Insperity by 45.9% during the 4th quarter. UMB Bank n.

a. now owns 849 shares of the business services provider’s stock worth $66,000 after purchasing an additional 267 shares during the period. KBC Group NV grew its position in shares of Insperity by 87.

5% during the 4th quarter. KBC Group NV now owns 1,939 shares of the business services provider’s stock worth $150,000 after buying an additional 905 shares in the last quarter. Finally, Assetmark Inc.

lifted its stake in Insperity by 11.6% in the fourth quarter. Assetmark Inc.

now owns 2,032 shares of the business services provider’s stock worth $158,000 after acquiring an additional 211 shares during the period. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Insperity Price PerformanceInsperity stock opened at $84.05 on Thursday. Insperity, Inc.

has a 12-month low of $68.79 and a 12-month high of $109.80.

The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 3.

80. The stock has a market cap of $3.13 billion, a P/E ratio of 34.

88 and a beta of 0.67. The company has a 50-day moving average price of $85.

55 and a 200 day moving average price of $82.14. Insperity Dividend AnnouncementThe company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th.

Shareholders of record on Thursday, March 13th were given a $0.60 dividend. This represents a $2.

40 dividend on an annualized basis and a dividend yield of 2.86%. The ex-dividend date was Thursday, March 13th.

Insperity’s dividend payout ratio is presently 99.59%. Wall Street Analyst Weigh InSeparately, StockNews.

com raised Insperity from a “hold” rating to a “buy” rating in a research report on Wednesday, February 12th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, Insperity presently has an average rating of “Hold” and an average target price of $95.

67.View Our Latest Research Report on InsperityInsider Buying and Selling at InsperityIn related news, CEO Paul J. Sarvadi sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, February 11th.

The shares were sold at an average price of $84.32, for a total value of $2,108,000.00.

Following the completion of the sale, the chief executive officer now owns 436,584 shares in the company, valued at $36,812,762.88. This trade represents a 5.

42 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Arthur A.

Arizpe sold 6,000 shares of the company’s stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $84.68, for a total value of $508,080.

00. Following the transaction, the chief operating officer now directly owns 72,551 shares in the company, valued at $6,143,618.68.

This represents a 7.64 % decrease in their position. The disclosure for this sale can be found here.

5.50% of the stock is currently owned by insiders. Insperity Company Profile (Free Report)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.Featured StoriesFive stocks we like better than InsperityHigh Dividend REITs: Are They an Ideal Way to Diversify?Quantum Computing: The $6.5 Billion Opportunity You Can’t IgnoreHow to Invest in Insurance Companies: A Guide Are Tariffs Threatening Disney’s Comeback Story?Quiet Period Expirations ExplainedIs Alphabet a Generational Buying Opportunity at These Levels?Want to see what other hedge funds are holding NSP? Visit HoldingsChannel.

com to get the latest 13F filings and insider trades for Insperity, Inc. (NYSE:NSP – Free Report)..