Barclays PLC Has $7.54 Million Stock Holdings in Insperity, Inc. (NYSE:NSP)

Barclays PLC lifted its stake in shares of Insperity, Inc. (NYSE:NSP - Free Report) by 17.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 97,224 shares of the business services provider's stock after buying an additional 14,644 shares during the quarter. Barclays PLC owned approximately 0.26% of Insperity worth $7,537,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Covestor Ltd lifted its stake 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 purchasing an additional 146 shares during the last quarter. Paralel Advisors LLC grew its position in shares of Insperity by 10.0% during the 4th quarter. Paralel Advisors LLC now owns 22,905 shares of the business services provider's stock valued at $1,775,000 after buying an additional 2,080 shares during the last quarter. FIL Ltd grew its holdings in shares of Insperity by 2.3% during the fourth quarter. FIL Ltd now owns 517,610 shares of the business services provider's stock valued at $40,120,000 after purchasing an additional 11,510 shares during the last quarter. Bank of Montreal Can raised its position in shares of Insperity by 15.6% during the 4th quarter. Bank of Montreal Can now owns 3,928 shares of the business services provider's stock worth $304,000 after purchasing an additional 529 shares during the period. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of Insperity by 6.7% in the 4th quarter. Envestnet Asset Management Inc. now owns 201,432 shares of the business services provider's stock worth $15,613,000 after purchasing an additional 12,728 shares during the last quarter. Institutional investors own 93.44% of the company's stock.

Analyst Upgrades and Downgrades

NSP has been the subject of a number of analyst reports. Truist Financial reduced their target price on shares of Insperity from $88.00 to $82.00 and set a "hold" rating for the company 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 research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat.com, Insperity has a consensus rating of "Hold" and a consensus price target of $93.67.

Insperity Price Performance

Shares of Insperity stock traded down $13.13 during mid-day trading on Tuesday, reaching $65.49. 510,798 shares of the stock were exchanged, compared to its average volume of 336,354. Insperity, Inc. has a fifty-two week low of $61.82 and a fifty-two week high of $106.69. The firm has a 50-day simple moving average of $85.45 and a 200 day simple moving average of $81.58. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 3.80. The company has a market cap of $2.46 billion, a price-to-earnings ratio of 27.50 and a beta of 0.67.

Insperity Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.66%. The ex-dividend date of this dividend was Thursday, March 13th. Insperity's dividend payout ratio (DPR) is currently 99.59%.

Insider Buying and Selling at Insperity

In other news, Director Ellen H. Masterson bought 1,755 shares of the business's stock in a transaction that occurred on Wednesday, February 12th. The stock was acquired at an average cost of $85.75 per share, for a total transaction of $150,491.25. Following the purchase, the director now owns 16,612 shares of the company's stock, valued at approximately $1,424,479. This trade represents a 11.81 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Paul J. Sarvadi sold 25,000 shares of the firm's stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $84.32, for a total transaction of $2,108,000.00. Following the sale, the chief executive officer now owns 436,584 shares of the company's stock, valued at approximately $36,812,762.88. This represents a 5.42 % decrease in their position. The disclosure for this sale can be found here. Insiders own 5.50% of the company's stock.

Insperity 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.