Creative Planning Buys 522 Shares of Insperity, Inc. (NYSE:NSP)

Creative Planning lifted its stake in shares of Insperity, Inc. (NYSE:NSP) by 14.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,104 shares of the business services provider’s stock after acquiring an additional 522 shares during the quarter. Creative Planning’s holdings in Insperity were worth $361,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in NSP. Mawer Investment Management Ltd. raised its position in shares of Insperity by 4.0% during the second quarter. Mawer Investment Management Ltd. now owns 5,188,547 shares of the business services provider’s stock worth $473,247,000 after acquiring an additional 197,309 shares during the last quarter. Vanguard Group Inc. increased its holdings in 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 purchasing an additional 182,773 shares in the last quarter. Reinhart Partners LLC. increased its holdings in Insperity by 13.3% in the second quarter. Reinhart Partners LLC. now owns 1,013,874 shares of the business services provider’s stock worth $92,475,000 after purchasing an additional 118,902 shares in the last quarter. Earnest Partners LLC increased its holdings in Insperity by 4.9% in the first quarter. Earnest Partners LLC now owns 1,291,138 shares of the business services provider’s stock worth $141,522,000 after purchasing an additional 60,852 shares in the last quarter. Finally, Renaissance Technologies LLC bought a new stake in Insperity in the second quarter worth approximately $5,536,000. 93.44% of the stock is currently owned by institutional investors.

Insperity Trading Down 2.7 %

Shares of Insperity stock opened at $80.71 on Friday. The company has a debt-to-equity ratio of 2.95, a quick ratio of 1.16 and a current ratio of 1.16. Insperity, Inc. has a 52 week low of $74.32 and a 52 week high of $119.40. The stock has a 50 day moving average price of $86.28 and a two-hundred day moving average price of $93.36. The stock has a market capitalization of $3.02 billion, a PE ratio of 25.62, a price-to-earnings-growth ratio of 1.44 and a beta of 1.12.

Insperity Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th were paid a $0.60 dividend. The ex-dividend date was Thursday, September 5th. This represents a $2.40 dividend on an annualized basis and a yield of 2.97%. Insperity’s dividend payout ratio (DPR) is presently 76.19%.

Wall Street Analysts Forecast Growth

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

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.