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

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

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Barclays PLC increased its position in Insperity by 129.7% during the third quarter. Barclays PLC now owns 82,580 shares of the business services provider's stock valued at $7,269,000 after acquiring an additional 46,625 shares during the last quarter. Franklin Resources Inc. increased its position in Insperity by 4.6% during the third quarter. Franklin Resources Inc. now owns 20,821 shares of the business services provider's stock valued at $1,844,000 after acquiring an additional 909 shares during the last quarter. Assenagon Asset Management S.A. purchased a new stake in Insperity during the fourth quarter valued at $485,000. Value Holdings Management CO. LLC increased its position in Insperity by 4.2% during the fourth quarter. Value Holdings Management CO. LLC now owns 237,798 shares of the business services provider's stock valued at $18,432,000 after acquiring an additional 9,600 shares during the last quarter. Finally, UMB Bank n.a. increased its position in Insperity by 45.9% during the fourth quarter. UMB Bank n.a. now owns 849 shares of the business services provider's stock valued at $66,000 after acquiring an additional 267 shares during the last quarter. 93.44% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CEO Paul J. Sarvadi sold 14,203 shares of the 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 completion of the transaction, the chief executive officer now directly owns 458,589 shares of the company's stock, valued at approximately $29,927,518.14. This represents a 3.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 5.29% of the stock is currently owned by company insiders.

Analyst Ratings Changes

NSP has been the subject of a number of research reports. Truist Financial reduced their price objective on Insperity from $82.00 to $70.00 and set a "hold" rating for the company in a research report on Wednesday, April 30th. StockNews.com cut Insperity from a "buy" rating to a "hold" rating in a research report on Wednesday, April 30th. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $89.67.

Insperity Price Performance

Shares of NYSE:NSP traded up $0.73 during trading on Friday, hitting $71.70. 422,392 shares of the company's stock were exchanged, compared to its average volume of 360,287. The company has a debt-to-equity ratio of 3.80, a current ratio of 1.08 and a quick ratio of 1.08. Insperity, Inc. has a 52-week low of $61.54 and a 52-week high of $106.01. The business's 50-day simple moving average is $79.79 and its 200 day simple moving average is $79.87. The company has a market cap of $2.70 billion, a price-to-earnings ratio of 29.75 and a beta of 0.55.

Insperity (NYSE:NSP - Get Free Report) last released its 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). Insperity had a return on equity of 72.22% and a net margin of 1.38%. 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 business posted $2.27 EPS. The business's revenue for the quarter was up 3.4% compared to the same quarter last year. As a group, equities analysts predict that Insperity, Inc. will post 2.33 EPS for the current year.

Insperity Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 3.35%. The ex-dividend date of this dividend was Thursday, March 13th. Insperity's dividend 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.