Insperity, Inc. (NYSE:NSP) Stock Position Lifted by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC boosted its stake in shares of Insperity, Inc. (NYSE:NSP) by 9.4% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,911 shares of the business services provider’s stock after purchasing an additional 251 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Insperity were worth $226,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp grew its position in Insperity by 493.2% during the fourth 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 in the last quarter. New Age Alpha Advisors LLC purchased a new position in Insperity during the fourth quarter valued at approximately $87,000. Covestor Ltd grew its position in Insperity by 12.6% during the fourth quarter. Covestor Ltd now owns 1,302 shares of the business services provider’s stock valued at $101,000 after purchasing an additional 146 shares in the last quarter. Assetmark Inc. grew its position in Insperity by 11.6% during the fourth quarter. Assetmark Inc. now owns 2,032 shares of the business services provider’s stock valued at $158,000 after purchasing an additional 211 shares in the last quarter. Finally, US Bancorp DE grew its position in Insperity by 36.7% during the fourth quarter. US Bancorp DE now owns 2,150 shares of the business services provider’s stock valued at $167,000 after purchasing an additional 577 shares in the last quarter. 93.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on NSP shares. Truist Financial lowered their price objective on shares of Insperity from $82.00 to $70.00 and set a “hold” rating on the stock in a research report on Wednesday, April 30th. Wall Street Zen downgraded shares of Insperity from a “buy” rating to a “hold” rating in a research report on Wednesday, April 30th.

Insider Transactions at Insperity

In other news, CEO Paul J. Sarvadi sold 14,203 shares of the business’s stock in a transaction 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 completion of the sale, the chief executive officer now directly owns 458,589 shares in the company, valued at approximately $29,927,518.14. The trade was a 3.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 5.29% of the stock is owned by corporate insiders.

Insperity Stock Performance

NSP stock opened at $60.29 on Tuesday. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 3.80. The company has a market capitalization of $2.27 billion, a price-to-earnings ratio of 25.02 and a beta of 0.51. Insperity, Inc. has a 12 month low of $59.63 and a 12 month high of $104.90. The firm has a 50 day moving average of $70.23 and a two-hundred day moving average of $78.01.

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

Insperity Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 20th. Stockholders of record on Friday, June 6th will be paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.98%. The ex-dividend date is Friday, June 6th. Insperity’s payout ratio is 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.