Allianz Asset Management GmbH Purchases Shares of 2,392 Insperity, Inc. (NYSE:NSP)

Allianz Asset Management GmbH acquired a new stake in Insperity, Inc. (NYSE:NSP) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 2,392 shares of the business services provider’s stock, valued at approximately $213,000.

Other large investors also recently modified their holdings of the company. Private Trust Co. NA grew its holdings in Insperity by 279.1% in the 1st quarter. Private Trust Co. NA now owns 326 shares of the business services provider’s stock valued at $29,000 after buying an additional 240 shares in the last quarter. DekaBank Deutsche Girozentrale bought a new stake in shares of Insperity in the first quarter valued at about $42,000. First Horizon Advisors Inc. grew its stake in shares of Insperity by 56.0% in the first quarter. First Horizon Advisors Inc. now owns 705 shares of the business services provider’s stock valued at $63,000 after acquiring an additional 253 shares in the last quarter. Covestor Ltd increased 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 worth $101,000 after acquiring an additional 146 shares during the period. Finally, UMB Bank n.a. increased its position in Insperity by 37.6% during the first quarter. UMB Bank n.a. now owns 1,168 shares of the business services provider’s stock worth $104,000 after acquiring an additional 319 shares during the period. 93.44% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the stock. JPMorgan Chase & Co. cut their price objective on shares of Insperity from $68.00 to $51.00 and set an “underweight” rating for the company in a report on Monday. Truist Financial cut their price target on Insperity from $70.00 to $50.00 and set a “hold” rating for the company in a research note on Monday. Wall Street Zen lowered Insperity from a “buy” rating to a “hold” rating in a research note on Wednesday, April 30th. Finally, Roth Capital cut their target price on Insperity from $85.00 to $74.00 and set a “buy” rating for the company in a research report on Monday. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $58.33.

Insperity Stock Performance

Shares of NYSE:NSP opened at $48.20 on Tuesday. Insperity, Inc. has a 1 year low of $44.14 and a 1 year high of $95.98. The stock has a market capitalization of $1.81 billion, a price-to-earnings ratio of 45.48 and a beta of 0.47. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.12 and a quick ratio of 1.13. The company’s 50 day simple moving average is $60.53 and its 200 day simple moving average is $73.40.

Insperity (NYSE:NSP) last issued its quarterly earnings results on Friday, August 1st. The business services provider reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.15). Insperity had a net margin of 0.60% and a return on equity of 35.32%. The business had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.66 billion. During the same quarter in the previous year, the business posted $0.86 EPS. The company’s revenue for the quarter was up 3.3% on a year-over-year basis. As a group, research analysts predict that Insperity, Inc. will post 2.33 EPS for the current fiscal year.

Insperity Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 20th. Stockholders of record on Friday, June 6th were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date was Friday, June 6th. Insperity’s dividend payout ratio (DPR) is presently 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.