Insperity, Inc. (NYSE:NSP) Stock Holdings Decreased by SG Americas Securities LLC

SG Americas Securities LLC lessened its position in Insperity, Inc. (NYSE:NSP) by 52.1% in the 4th quarter, Holdings Channel reports. The fund owned 4,363 shares of the business services provider’s stock after selling 4,754 shares during the period. SG Americas Securities LLC’s holdings in Insperity were worth $338,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Value Holdings Management CO. LLC increased its stake in Insperity by 4.2% in the 4th quarter. Value Holdings Management CO. LLC now owns 237,798 shares of the business services provider’s stock valued at $18,432,000 after buying an additional 9,600 shares during the period. State Street Corp increased its stake in shares of Insperity by 0.9% in the third quarter. State Street Corp now owns 1,287,058 shares of the business services provider’s stock worth $113,261,000 after acquiring an additional 11,123 shares during the last quarter. Reinhart Partners LLC. raised its holdings in shares of Insperity by 8.3% during the fourth quarter. Reinhart Partners LLC. now owns 1,171,843 shares of the business services provider’s stock worth $90,830,000 after acquiring an additional 89,809 shares in the last quarter. JPMorgan Chase & Co. boosted its position in Insperity by 16.5% during the third quarter. JPMorgan Chase & Co. now owns 150,669 shares of the business services provider’s stock valued at $13,259,000 after purchasing an additional 21,325 shares during the last quarter. Finally, Barclays PLC grew its stake in Insperity by 129.7% in the third quarter. Barclays PLC now owns 82,580 shares of the business services provider’s stock valued at $7,269,000 after purchasing an additional 46,625 shares in the last quarter. Institutional investors and hedge funds own 93.44% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. began coverage on Insperity in a research note on Tuesday, October 22nd. They set an “underweight” rating and a $90.00 price target for the company. Truist Financial reduced their target price on shares of Insperity from $95.00 to $88.00 and set a “hold” rating for the company in a research note on Friday, November 1st. Finally, StockNews.com lowered shares of Insperity from a “buy” rating to a “hold” rating in a research note on Monday, November 4th. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the company. Based on data from MarketBeat.com, Insperity has a consensus rating of “Hold” and a consensus price target of $95.67.

Insperity Stock Up 1.8 %

NSP opened at $75.57 on Wednesday. Insperity, Inc. has a twelve month low of $71.69 and a twelve month high of $114.29. The firm has a market cap of $2.82 billion, a P/E ratio of 23.99 and a beta of 1.13. The company has a debt-to-equity ratio of 2.95, a quick ratio of 1.16 and a current ratio of 1.16. The business has a 50 day moving average price of $78.46 and a 200 day moving average price of $84.58.

Insperity Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Tuesday, December 10th were paid a $0.60 dividend. The ex-dividend date was Tuesday, December 10th. This represents a $2.40 dividend on an annualized basis and a yield of 3.18%. Insperity’s payout ratio is presently 76.19%.

About Insperity

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.