US Bancorp DE Has $335,000 Position in Insperity, Inc. (NYSE:NSP)

US Bancorp DE boosted its stake in shares of Insperity, Inc. (NYSE:NSP) by 496.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,754 shares of the business services provider’s stock after buying an additional 2,292 shares during the quarter. US Bancorp DE’s holdings in Insperity were worth $335,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. U.S. Capital Wealth Advisors LLC acquired a new position in Insperity during the 4th quarter worth about $28,000. Mitsubishi UFJ Trust & Banking Corp lifted its holdings in Insperity by 95.0% during the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 472 shares of the business services provider’s stock worth $54,000 after buying an additional 230 shares during the period. Ronald Blue Trust Inc. lifted its holdings in Insperity by 138.6% during the 1st quarter. Ronald Blue Trust Inc. now owns 594 shares of the business services provider’s stock worth $67,000 after buying an additional 345 shares during the period. Counterpoint Mutual Funds LLC acquired a new position in Insperity during the 1st quarter worth about $119,000. Finally, Point72 Hong Kong Ltd acquired a new position in shares of Insperity in the 1st quarter valued at about $124,000. 89.29% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Robert W. Baird dropped their price objective on Insperity from $131.00 to $120.00 in a research note on Tuesday, May 30th. 51job reissued a “reiterates” rating on shares of Insperity in a research note on Thursday, June 15th. StockNews.com assumed coverage on Insperity in a research note on Friday, August 18th. They issued a “hold” rating on the stock. Finally, Truist Financial dropped their price objective on Insperity from $128.00 to $110.00 and set a “hold” rating on the stock in a research note on Wednesday, August 2nd.

Insperity Stock Performance

Shares of Insperity stock opened at $100.92 on Monday. Insperity, Inc. has a one year low of $93.88 and a one year high of $131.09. The firm has a market capitalization of $3.85 billion, a price-to-earnings ratio of 21.25, a PEG ratio of 1.80 and a beta of 1.23. The business has a 50-day simple moving average of $110.84 and a 200 day simple moving average of $116.35. The company has a debt-to-equity ratio of 2.83, a current ratio of 1.20 and a quick ratio of 1.20.

Insperity (NYSE:NSP) last issued its earnings results on Tuesday, August 1st. The business services provider reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.56). Insperity had a net margin of 2.92% and a return on equity of 180.77%. The firm had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.54 billion. On average, research analysts anticipate that Insperity, Inc. will post 3.74 earnings per share for the current fiscal year.

Insperity Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 22nd. Shareholders of record on Friday, September 8th will be issued a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a yield of 2.26%. The ex-dividend date of this dividend is Thursday, September 7th. Insperity’s dividend payout ratio is currently 48.00%.

Insiders Place Their Bets

In other Insperity news, CEO Paul J. Sarvadi sold 18,950 shares of the business’s stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of $101.33, for a total transaction of $1,920,203.50. Following the completion of the sale, the chief executive officer now directly owns 519,036 shares of the company’s stock, valued at approximately $52,593,917.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 5.61% of the company’s stock.

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. 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.