5,752 Shares in Insperity, Inc. (NYSE:NSP) Acquired by Two Sigma Investments LP

Two Sigma Investments LP acquired a new position in Insperity, Inc. (NYSE:NSP) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 5,752 shares of the business services provider’s stock, valued at approximately $446,000.

Other large investors have also made changes to their positions in the company. Mawer Investment Management Ltd. grew its holdings in shares of Insperity by 0.5% during the fourth quarter. Mawer Investment Management Ltd. now owns 5,217,635 shares of the business services provider’s stock valued at $404,419,000 after buying an additional 27,599 shares during the last quarter. Vanguard Group Inc. lifted its stake in Insperity by 4.4% in the 4th quarter. Vanguard Group Inc. now owns 4,008,334 shares of the business services provider’s stock valued at $310,686,000 after buying an additional 167,560 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Insperity by 5.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,332,056 shares of the business services provider’s stock worth $103,248,000 after purchasing an additional 71,288 shares in the last quarter. Earnest Partners LLC raised its position in shares of Insperity by 3.7% during the 4th quarter. Earnest Partners LLC now owns 1,326,767 shares of the business services provider’s stock valued at $102,838,000 after buying an additional 47,730 shares during the period. Finally, First Trust Advisors LP raised its position in shares of Insperity by 54.2% during the 4th quarter. First Trust Advisors LP now owns 1,074,691 shares of the business services provider’s stock valued at $83,299,000 after buying an additional 377,603 shares during the period. 93.44% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO Paul J. Sarvadi sold 14,203 shares of the stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $65.26, for a total value of $926,887.78. Following the sale, the chief executive officer now directly owns 458,589 shares in the company, valued at $29,927,518.14. This represents a 3.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 5.29% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. Wall Street Zen downgraded shares of Insperity from a “buy” rating to a “hold” rating in a report on Wednesday, April 30th. Truist Financial decreased their price objective on shares of Insperity from $82.00 to $70.00 and set a “hold” rating for the company in a research report on Wednesday, April 30th.

Insperity Price Performance

Shares of NYSE:NSP opened at $62.85 on Tuesday. The company has a 50-day simple moving average of $72.32 and a 200-day simple moving average of $78.62. Insperity, Inc. has a one year low of $61.54 and a one year high of $104.90. 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 stock has a market capitalization of $2.36 billion, a price-to-earnings ratio of 26.08 and a beta of 0.51.

Insperity (NYSE:NSP) last posted its quarterly earnings results on Tuesday, April 29th. The business services provider reported $1.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.01 by ($0.44). The firm had revenue of $310.00 million for the quarter, compared to analysts’ expectations of $1.87 billion. Insperity had a return on equity of 72.22% and a net margin of 1.38%. The company’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same period in the prior year, the company earned $2.27 earnings per share. On average, analysts predict that Insperity, Inc. will post 2.33 EPS for the current year.

Insperity Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 20th. Shareholders of record on Friday, June 6th will be given a dividend of $0.60 per share. The ex-dividend date is Friday, June 6th. This represents a $2.40 annualized dividend and a yield of 3.82%. Insperity’s payout ratio is currently 142.86%.

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.