Insperity, Inc. (NYSE:NSP) Shares Acquired by D. E. Shaw & Co. Inc.

D. E. Shaw & Co. Inc. lifted its holdings in Insperity, Inc. (NYSE:NSP - Free Report) by 7.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 81,398 shares of the business services provider's stock after purchasing an additional 5,951 shares during the period. D. E. Shaw & Co. Inc. owned about 0.22% of Insperity worth $6,309,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Jones Financial Companies Lllp increased its position in shares of Insperity by 493.2% during the fourth quarter. Jones Financial Companies Lllp now owns 350 shares of the business services provider's stock worth $27,000 after purchasing an additional 291 shares in the last quarter. UMB Bank n.a. raised its stake in Insperity by 45.9% in the fourth quarter. UMB Bank n.a. now owns 849 shares of the business services provider's stock valued at $66,000 after buying an additional 267 shares during the last quarter. New Age Alpha Advisors LLC acquired a new stake in Insperity in the fourth quarter worth about $87,000. Covestor Ltd grew its stake in shares of 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 last quarter. Finally, KBC Group NV increased its holdings in shares of Insperity by 87.5% during the fourth quarter. KBC Group NV now owns 1,939 shares of the business services provider's stock valued at $150,000 after acquiring an additional 905 shares in the last quarter. 93.44% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Truist Financial dropped their target price 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 note on Wednesday, April 30th.

Insider Activity at Insperity

In other Insperity news, CEO Paul J. Sarvadi sold 14,203 shares of the business'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 value 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. The trade was a 3.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 5.29% of the stock is currently owned by insiders.

Insperity Stock Performance

Shares of NSP stock traded down $0.23 during mid-day trading on Thursday, reaching $66.81. The stock had a trading volume of 93,951 shares, compared to its average volume of 363,431. Insperity, Inc. has a 1-year low of $61.54 and a 1-year high of $104.90. The firm has a market cap of $2.51 billion, a price-to-earnings ratio of 27.68 and a beta of 0.55. 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 business's fifty day moving average is $78.70 and its 200-day moving average is $79.69.

Insperity (NYSE:NSP - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The business services provider reported $1.57 earnings per share 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 during the quarter, compared to analyst estimates of $1.87 billion. During the same quarter last year, the company posted $2.27 EPS. Insperity's quarterly revenue was up 3.4% compared to the same quarter last year. On average, research analysts forecast that Insperity, Inc. will post 2.33 earnings per share for the current year.

Insperity Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 20th. Investors of record on Friday, June 6th will be issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 3.59%. Insperity's dividend payout ratio (DPR) is presently 142.86%.

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.