BNP Paribas Financial Markets Buys 25,280 Shares of Insperity, Inc. (NYSE:NSP)

BNP Paribas Financial Markets raised its position in shares of Insperity, Inc. (NYSE:NSP - Free Report) by 53.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 72,757 shares of the business services provider's stock after purchasing an additional 25,280 shares during the period. BNP Paribas Financial Markets owned approximately 0.19% of Insperity worth $5,639,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in NSP. River Road Asset Management LLC purchased a new position in shares of Insperity in the fourth quarter worth about $47,513,000. T. Rowe Price Investment Management Inc. purchased a new position in shares of Insperity in the fourth quarter worth about $39,231,000. Norges Bank purchased a new position in shares of Insperity in the fourth quarter worth about $31,587,000. First Trust Advisors LP increased its holdings in shares of Insperity by 54.2% in the fourth quarter. First Trust Advisors LP now owns 1,074,691 shares of the business services provider's stock worth $83,299,000 after buying an additional 377,603 shares during the period. Finally, Vanguard Group Inc. increased its holdings in shares of Insperity by 4.4% in the fourth quarter. Vanguard Group Inc. now owns 4,008,334 shares of the business services provider's stock worth $310,686,000 after buying an additional 167,560 shares during the period. Hedge funds and other institutional investors own 93.44% of the company's stock.

Insperity Trading Down 0.4%

NYSE:NSP traded down $0.27 during mid-day trading on Monday, reaching $71.48. 541,787 shares of the company's stock traded hands, compared to its average volume of 361,774. Insperity, Inc. has a 12-month low of $61.54 and a 12-month high of $105.01. The firm has a market capitalization of $2.69 billion, a price-to-earnings ratio of 29.66 and a beta of 0.55. The company has a debt-to-equity ratio of 3.80, a current ratio of 1.08 and a quick ratio of 1.08. The company has a 50 day moving average price of $79.47 and a 200-day moving average price of $79.84.

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

Insperity Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were issued a dividend of $0.60 per share. The ex-dividend date was Thursday, March 13th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.36%. Insperity's dividend payout ratio (DPR) is 142.86%.

Insiders Place Their Bets

In other Insperity news, CEO Paul J. Sarvadi sold 14,203 shares of the company's stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of $65.26, for a total transaction of $926,887.78. Following the transaction, the chief executive officer now owns 458,589 shares in the company, valued at approximately $29,927,518.14. This represents a 3.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 5.29% of the company's stock.

Analyst Upgrades and Downgrades

NSP has been the topic of several analyst reports. StockNews.com downgraded Insperity from a "buy" rating to a "hold" rating in a report on Wednesday, April 30th. Truist Financial reduced their price target on Insperity from $82.00 to $70.00 and set a "hold" rating on the stock in a report on Wednesday, April 30th.

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.