Legal & General Group Plc Has $5.91 Million Holdings in Insperity, Inc. (NYSE:NSP)

Legal & General Group Plc trimmed its position in Insperity, Inc. (NYSE:NSP) by 2.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 76,223 shares of the business services provider’s stock after selling 2,238 shares during the quarter. Legal & General Group Plc owned 0.20% of Insperity worth $5,908,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC raised its stake in shares of Insperity by 3.5% in the 4th quarter. LPL Financial LLC now owns 6,227 shares of the business services provider’s stock valued at $483,000 after buying an additional 208 shares in the last quarter. Assetmark Inc. raised its position in Insperity by 11.6% in the fourth quarter. Assetmark Inc. now owns 2,032 shares of the business services provider’s stock worth $158,000 after purchasing an additional 211 shares in the last quarter. Xponance Inc. lifted its stake in Insperity by 4.5% during the fourth quarter. Xponance Inc. now owns 5,080 shares of the business services provider’s stock worth $394,000 after purchasing an additional 220 shares during the period. UMB Bank n.a. boosted its holdings in Insperity by 45.9% during the fourth quarter. UMB Bank n.a. now owns 849 shares of the business services provider’s stock valued at $66,000 after purchasing an additional 267 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its stake in shares of Insperity by 493.2% in the 4th quarter. Jones Financial Companies Lllp now owns 350 shares of the business services provider’s stock valued at $27,000 after purchasing an additional 291 shares during the period. 93.44% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

NSP has been the topic of several recent analyst reports. Truist Financial decreased their price target on Insperity from $88.00 to $82.00 and set a “hold” rating on the stock in a research note on Tuesday, April 15th. StockNews.com upgraded shares of Insperity from a “hold” rating to a “buy” rating in a research report on Wednesday, February 12th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $93.67.

Insiders Place Their Bets

In other news, COO Arthur A. Arizpe sold 6,000 shares of Insperity stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $84.68, for a total value of $508,080.00. Following the completion of the sale, the chief operating officer now directly owns 72,551 shares of the company’s stock, valued at approximately $6,143,618.68. This trade represents a 7.64 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Ellen H. Masterson purchased 1,755 shares of the business’s stock in a transaction dated Wednesday, February 12th. The shares were purchased at an average cost of $85.75 per share, for a total transaction of $150,491.25. Following the purchase, the director now directly owns 16,612 shares of the company’s stock, valued at $1,424,479. This trade represents a 11.81 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 5.50% of the company’s stock.

Insperity Trading Down 5.0 %

Shares of NSP opened at $78.76 on Monday. The stock has a fifty day moving average price of $86.46 and a two-hundred day moving average price of $81.91. The company has a debt-to-equity ratio of 3.80, a quick ratio of 1.08 and a current ratio of 1.08. The company has a market cap of $2.93 billion, a price-to-earnings ratio of 32.68 and a beta of 0.67. Insperity, Inc. has a 52-week low of $68.79 and a 52-week high of $109.80.

Insperity Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were given a dividend of $0.60 per share. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $2.40 annualized dividend and a yield of 3.05%. Insperity’s dividend payout ratio (DPR) is 99.59%.

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.