macOS - ntpd uses more than 100% of CPU it happens couple times every day, my MacBook becomes extremely slow. When I check Activity Monitor, I see that ntpd process uses more than 100% of my CPU (usually around 140-180%).

If I kill it (Force Quit), MacBook starts working as usual. But it will happen again in several hours. How can I fix this issue? It becomes really annoying

It started after one of the software updates (not sure exactly when).

MacBook Pro (Retina, 13-inch, Late 2013) with macOS 10.12.3
Go to System Preferences > Date and Time and uncheck Set date and time automatically. Close System Preferences, then reopen and re-check Set date and time automatically