GSA Capital Partners LLP Purchases Shares of 3,678 Insperity, Inc. (NYSE:NSP)

GSA Capital Partners LLP purchased a new stake in Insperity, Inc. (NYSE:NSP) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,678 shares of the business services provider’s stock, valued at approximately $324,000.

Other hedge funds also recently added to or reduced their stakes in the company. US Bancorp DE raised its position in shares of Insperity by 10.1% in the first quarter. US Bancorp DE now owns 3,163 shares of the business services provider’s stock worth $347,000 after acquiring an additional 290 shares during the period. Vanguard Group Inc. raised its position in shares of Insperity by 4.9% in the first quarter. Vanguard Group Inc. now owns 3,911,104 shares of the business services provider’s stock worth $428,696,000 after acquiring an additional 182,773 shares during the period. CANADA LIFE ASSURANCE Co raised its position in shares of Insperity by 0.7% in the first quarter. CANADA LIFE ASSURANCE Co now owns 31,168 shares of the business services provider’s stock worth $3,418,000 after acquiring an additional 215 shares during the period. EntryPoint Capital LLC raised its position in shares of Insperity by 164.3% in the first quarter. EntryPoint Capital LLC now owns 859 shares of the business services provider’s stock worth $94,000 after acquiring an additional 534 shares during the period. Finally, Quadrature Capital Ltd acquired a new position in shares of Insperity in the first quarter worth about $207,000. 93.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. StockNews.com downgraded shares of Insperity from a “buy” rating to a “hold” rating in a research report on Monday, November 4th. JPMorgan Chase & Co. assumed coverage on shares of Insperity in a research report on Tuesday, October 22nd. They set an “underweight” rating and a $90.00 price target for the company. William Blair downgraded shares of Insperity from an “outperform” rating to a “market perform” rating in a research report on Tuesday, September 24th. Finally, Truist Financial reduced their price target on shares of Insperity from $95.00 to $88.00 and set a “hold” rating for the company in a research report on Friday, November 1st. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. Based on data from MarketBeat.com, Insperity currently has an average rating of “Hold” and a consensus price target of $95.67.

Insperity Stock Up 3.0 %

NSP stock opened at $76.06 on Friday. The company has a market cap of $2.84 billion, a price-to-earnings ratio of 23.44, a PEG ratio of 2.04 and a beta of 1.12. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 2.95. Insperity, Inc. has a 12 month low of $71.69 and a 12 month high of $119.40. The firm has a 50-day moving average of $83.54 and a two-hundred day moving average of $91.27.

Insperity Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 24th. Shareholders of record on Tuesday, December 10th will be issued a $0.60 dividend. The ex-dividend date of this dividend is Tuesday, December 10th. This represents a $2.40 dividend on an annualized basis and a yield of 3.16%. Insperity’s payout ratio is 76.19%.

Insperity Company 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.