Two Sigma Investments LP Invests $446,000 in Insperity, Inc. (NYSE:NSP)

Two Sigma Investments LP bought a new position in Insperity, Inc. (NYSE:NSP - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 5,752 shares of the business services provider's stock, valued at approximately $446,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. River Road Asset Management LLC purchased a new position in shares of Insperity during the 4th quarter worth $47,513,000. T. Rowe Price Investment Management Inc. purchased a new position in shares of Insperity during the 4th quarter worth $39,231,000. Norges Bank purchased a new position in shares of Insperity during the 4th quarter worth $31,587,000. First Trust Advisors LP boosted its stake in shares of Insperity by 54.2% during the 4th quarter. First Trust Advisors LP now owns 1,074,691 shares of the business services provider's stock worth $83,299,000 after acquiring an additional 377,603 shares during the last quarter. Finally, Point72 Asset Management L.P. purchased a new position in shares of Insperity during the 4th quarter worth $17,521,000. Hedge funds and other institutional investors own 93.44% of the company's stock.

Insperity Price Performance

Shares of NSP stock traded down $0.83 on Friday, hitting $60.54. 483,686 shares of the stock traded hands, compared to its average volume of 382,685. The firm has a market cap of $2.28 billion, a price-to-earnings ratio of 25.12 and a beta of 0.51. Insperity, Inc. has a 52 week low of $59.63 and a 52 week high of $104.90. The firm has a 50 day simple moving average of $70.95 and a two-hundred day simple moving average of $78.27. 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 (NYSE:NSP - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The business services provider reported $1.57 EPS for the quarter, missing the consensus estimate of $2.01 by ($0.44). The firm had revenue of $310.00 million for the quarter, compared to the consensus estimate of $1.87 billion. Insperity had a net margin of 1.38% and a return on equity of 72.22%. The firm's revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.27 earnings per share. As a group, equities research analysts predict that Insperity, Inc. will post 2.33 earnings per share for the current fiscal year.

Insperity Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 20th. Shareholders of record on Friday, June 6th will be issued a $0.60 dividend. The ex-dividend date is Friday, June 6th. This represents a $2.40 dividend on an annualized basis and a yield of 3.96%. Insperity's dividend payout ratio is currently 142.86%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Truist Financial dropped their price target on shares of Insperity from $82.00 to $70.00 and set a "hold" rating on the stock in a research note on Wednesday, April 30th. Wall Street Zen cut shares of Insperity from a "buy" rating to a "hold" rating in a research note on Wednesday, April 30th.

Insider Buying and Selling at Insperity

In other Insperity news, CEO Paul J. Sarvadi sold 14,203 shares of Insperity 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 sale, the chief executive officer now directly owns 458,589 shares in the company, valued at approximately $29,927,518.14. The trade was a 3.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 5.29% of the stock is currently owned by insiders.

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.