Bahl & Gaynor Inc. Has $10.60 Million Stock Holdings in Insperity, Inc. (NYSE:NSP)

Bahl & Gaynor Inc. raised its holdings in Insperity, Inc. (NYSE:NSP) by 5.2% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 136,690 shares of the business services provider’s stock after buying an additional 6,791 shares during the quarter. Bahl & Gaynor Inc. owned 0.37% of Insperity worth $10,595,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. grew its stake in shares of Insperity by 5.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,332,056 shares of the business services provider’s stock worth $103,248,000 after acquiring an additional 71,288 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in Insperity by 493.2% in the 4th quarter. Jones Financial Companies Lllp now owns 350 shares of the business services provider’s stock valued at $27,000 after purchasing an additional 291 shares during the period. US Bancorp DE grew its position in Insperity by 36.7% in the 4th quarter. US Bancorp DE now owns 2,150 shares of the business services provider’s stock worth $167,000 after purchasing an additional 577 shares during the last quarter. Bank of New York Mellon Corp grew its position in Insperity by 27.0% in the 4th quarter. Bank of New York Mellon Corp now owns 448,602 shares of the business services provider’s stock worth $34,771,000 after purchasing an additional 95,495 shares during the last quarter. Finally, Handelsbanken Fonder AB grew its position in Insperity by 15.1% in the 4th quarter. Handelsbanken Fonder AB now owns 9,144 shares of the business services provider’s stock worth $709,000 after purchasing an additional 1,200 shares during the last quarter. 93.44% of the stock is owned by institutional investors.

Insider Transactions at Insperity

In other news, COO Arthur A. Arizpe sold 6,000 shares of the business’s stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $84.68, for a total value of $508,080.00. Following the sale, the chief operating officer now owns 72,551 shares in the company, valued at approximately $6,143,618.68. The trade was a 7.64 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ellen H. Masterson bought 1,755 shares of Insperity stock in a transaction dated Wednesday, February 12th. The stock was purchased at an average price of $85.75 per share, for a total transaction of $150,491.25. Following the purchase, 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 disclosure for this purchase can be found here. 5.50% of the stock is owned by insiders.

Insperity Stock Performance

NYSE NSP opened at $85.68 on Wednesday. The company has a debt-to-equity ratio of 3.80, a current ratio of 1.08 and a quick ratio of 1.08. The firm has a market capitalization of $3.19 billion, a price-to-earnings ratio of 35.55 and a beta of 1.13. The company’s fifty day moving average is $79.96 and its two-hundred day moving average is $82.69. Insperity, Inc. has a 52-week low of $68.79 and a 52-week high of $110.72.

Insperity Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.80%. The ex-dividend date of this dividend is Thursday, March 13th. Insperity’s payout ratio is 99.59%.

Wall Street Analysts Forecast Growth

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

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.