Insperity, Inc. (NYSE:NSP) Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC lifted its stake in shares of Insperity, Inc. (NYSE:NSPGet Rating) by 181.0% during the first quarter, Holdings Channel reports. The firm owned 14,973 shares of the business services provider’s stock after buying an additional 9,644 shares during the period. SG Americas Securities LLC’s holdings in Insperity were worth $1,504,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in NSP. Fifth Third Bancorp raised its position in shares of Insperity by 294.8% during the 1st quarter. Fifth Third Bancorp now owns 383 shares of the business services provider’s stock worth $38,000 after purchasing an additional 286 shares during the period. UMB Bank N A MO acquired a new stake in Insperity in the 4th quarter valued at approximately $74,000. Montag A & Associates Inc. acquired a new stake in Insperity in the 4th quarter valued at approximately $97,000. Fieldpoint Private Securities LLC increased its position in Insperity by 28.6% in the 1st quarter. Fieldpoint Private Securities LLC now owns 1,573 shares of the business services provider’s stock valued at $158,000 after acquiring an additional 350 shares during the period. Finally, National Bank of Canada FI acquired a new stake in Insperity in the 4th quarter valued at approximately $194,000. 88.08% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Truist Financial lowered their target price on Insperity from $138.00 to $120.00 in a research report on Friday, July 15th. StockNews.com upgraded Insperity from a “buy” rating to a “strong-buy” rating in a research report on Friday, April 29th. Finally, TheStreet upgraded Insperity from a “c+” rating to a “b-” rating in a research report on Wednesday, July 20th. One research analyst has rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $129.33.

Insperity Stock Performance

NSP opened at $106.41 on Thursday. The firm has a market cap of $4.08 billion, a PE ratio of 31.30, a P/E/G ratio of 1.81 and a beta of 1.37. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 10.88. The business has a fifty day simple moving average of $98.19 and a 200-day simple moving average of $99.12. Insperity, Inc. has a fifty-two week low of $83.94 and a fifty-two week high of $129.32.

Insperity (NYSE:NSPGet Rating) last released its quarterly earnings data on Tuesday, April 26th. The business services provider reported $1.80 earnings per share for the quarter, topping the consensus estimate of $1.65 by $0.15. The business had revenue of $1.58 billion during the quarter, compared to analyst estimates of $1.54 billion. Insperity had a return on equity of 244.01% and a net margin of 2.51%. The company’s revenue was up 22.6% compared to the same quarter last year. During the same period last year, the company posted $1.58 EPS. As a group, equities analysts predict that Insperity, Inc. will post 3.82 EPS for the current fiscal year.

Insperity Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 23rd. Stockholders of record on Thursday, June 9th were paid a dividend of $0.52 per share. The ex-dividend date of this dividend was Wednesday, June 8th. This is a positive change from Insperity’s previous quarterly dividend of $0.45. This represents a $2.08 annualized dividend and a dividend yield of 1.95%. Insperity’s dividend payout ratio (DPR) is currently 61.18%.

Insider Transactions at Insperity

In other news, CEO Paul J. Sarvadi sold 32,609 shares of the firm’s stock in a transaction on Wednesday, May 4th. The stock was sold at an average price of $107.48, for a total value of $3,504,815.32. Following the completion of the sale, the chief executive officer now owns 620,585 shares of the company’s stock, valued at $66,700,475.80. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 6.10% of the company’s stock.

Insperity Company Profile

(Get Rating)

Insperity, Inc provides human resources (HR) and business solutions to improve business performance for small and medium-sized businesses. The company 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.

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Institutional Ownership by Quarter for Insperity (NYSE:NSP)

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