Deutsche Bank AG Has $2.51 Million Position in Insperity, Inc. (NYSE:NSP)

Deutsche Bank AG trimmed its holdings in shares of Insperity, Inc. (NYSE:NSP - Free Report) by 58.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,421 shares of the business services provider's stock after selling 45,101 shares during the period. Deutsche Bank AG owned about 0.09% of Insperity worth $2,513,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Barclays PLC boosted 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 purchasing an additional 46,625 shares during the last quarter. Assenagon Asset Management S.A. bought a new stake in shares of Insperity during the 4th quarter worth approximately $485,000. UMB Bank n.a. boosted its holdings 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 buying an additional 267 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of Insperity by 38.5% in the 4th quarter. Janney Montgomery Scott LLC now owns 12,304 shares of the business services provider's stock valued at $954,000 after buying an additional 3,420 shares during the last quarter. Finally, Inspire Investing LLC grew its stake in shares of Insperity by 10.9% in the fourth quarter. Inspire Investing LLC now owns 5,169 shares of the business services provider's stock valued at $401,000 after buying an additional 509 shares in the last quarter. Institutional investors own 93.44% of the company's stock.

Insider Buying and Selling

In related news, CEO Paul J. Sarvadi sold 14,203 shares of the company's stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $65.26, for a total value of $926,887.78. Following the transaction, the chief executive officer now directly owns 458,589 shares in the company, valued at approximately $29,927,518.14. This represents a 3.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 5.50% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on NSP shares. 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 report on Wednesday, April 30th. Wall Street Zen cut shares of Insperity from a "buy" rating to a "hold" rating in a report on Wednesday, April 30th.

Insperity Stock Performance

NSP traded up $0.16 during trading hours on Tuesday, reaching $65.23. The company's stock had a trading volume of 515,534 shares, compared to its average volume of 369,416. The company's 50-day moving average is $76.81 and its 200-day moving average is $79.31. Insperity, Inc. has a 52 week low of $61.54 and a 52 week high of $104.90. The firm has a market cap of $2.45 billion, a PE ratio of 27.07 and a beta of 0.55. The company has a debt-to-equity ratio of 3.80, a quick ratio of 1.08 and a current ratio of 1.08.

Insperity (NYSE:NSP - Get Free Report) last issued its quarterly earnings data 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). The company had revenue of $310.00 million during 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%. Insperity's revenue for the quarter was up 3.4% compared to the same quarter last year. During the same period in the previous year, the company earned $2.27 earnings per share. On average, equities analysts forecast that Insperity, Inc. will post 2.33 EPS for the current year.

Insperity Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 20th. Stockholders of record on Friday, June 6th will be issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.68%. The ex-dividend date of this dividend is Friday, June 6th. Insperity's dividend payout ratio 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.