D. E. Shaw & Co. Inc. Purchases 5,951 Shares of Insperity, Inc. (NYSE:NSP)

D. E. Shaw & Co. Inc. lifted its position in shares of Insperity, Inc. (NYSE:NSP - Free Report) by 7.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 81,398 shares of the business services provider's stock after acquiring an additional 5,951 shares during the quarter. D. E. Shaw & Co. Inc. owned approximately 0.22% of Insperity worth $6,309,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Jones Financial Companies Lllp grew its holdings 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 buying an additional 291 shares in the last quarter. UMB Bank n.a. grew its position in shares of Insperity by 45.9% in the 4th 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 period. New Age Alpha Advisors LLC bought a new position in shares of Insperity during the 4th quarter worth approximately $87,000. Covestor Ltd boosted its stake in shares of Insperity by 12.6% during the 4th 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, KBC Group NV boosted its stake in shares of Insperity by 87.5% during the 4th quarter. KBC Group NV now owns 1,939 shares of the business services provider's stock worth $150,000 after acquiring an additional 905 shares during the period. Institutional investors own 93.44% of the company's stock.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Truist Financial reduced their price target on Insperity from $82.00 to $70.00 and set a "hold" rating for the company in a research note on Wednesday, April 30th. StockNews.com downgraded shares of Insperity from a "buy" rating to a "hold" rating in a report on Wednesday, April 30th.

Insperity Trading Down 0.6%

Insperity stock traded down $0.44 during trading hours on Tuesday, hitting $70.96. The stock had a trading volume of 438,657 shares, compared to its average volume of 362,080. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 3.80. The stock has a market cap of $2.67 billion, a price-to-earnings ratio of 29.44 and a beta of 0.55. Insperity, Inc. has a one year low of $61.54 and a one year high of $105.01. The business's 50 day simple moving average is $79.47 and its 200-day simple moving average is $79.84.

Insperity (NYSE:NSP - Get Free Report) last released its quarterly 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 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 the consensus estimate of $1.87 billion. During the same period in the previous year, the business posted $2.27 EPS. Insperity's revenue was up 3.4% on a year-over-year basis. On average, equities analysts predict that Insperity, Inc. will post 2.33 EPS for the current fiscal year.

Insperity Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 3.38%. The ex-dividend date was Thursday, March 13th. Insperity's payout ratio is 142.86%.

Insider Buying and Selling at Insperity

In other news, CEO Paul J. Sarvadi sold 14,203 shares of the company's stock in a transaction on Monday, May 5th. The shares were sold at an average price of $65.26, for a total value of $926,887.78. Following the completion of the sale, the chief executive officer now owns 458,589 shares in the company, valued at $29,927,518.14. This represents a 3.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 5.29% of the stock is currently owned by company insiders.

About Insperity

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.