Insperity, Inc. (NYSE:NSP) Position Trimmed by AQR Capital Management LLC

AQR Capital Management LLC reduced its holdings in Insperity, Inc. (NYSE:NSP - Free Report) by 16.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 165,974 shares of the business services provider's stock after selling 32,958 shares during the quarter. AQR Capital Management LLC owned approximately 0.45% of Insperity worth $12,865,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Jones Financial Companies Lllp raised its stake in 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 acquiring an additional 291 shares during the period. Wilmington Savings Fund Society FSB bought a new position in shares of Insperity during the third quarter valued at approximately $32,000. UMB Bank n.a. raised its position in shares of Insperity by 45.9% during the 4th quarter. UMB Bank n.a. now owns 849 shares of the business services provider's stock worth $66,000 after purchasing an additional 267 shares during the period. New Age Alpha Advisors LLC bought a new stake in shares of Insperity in the 4th quarter worth approximately $87,000. Finally, Covestor Ltd boosted its position in Insperity by 12.6% during the 4th quarter. Covestor Ltd now owns 1,302 shares of the business services provider's stock valued at $101,000 after purchasing an additional 146 shares during the period. 93.44% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have weighed in on NSP shares. Truist Financial dropped their target price on Insperity from $82.00 to $70.00 and set a "hold" rating on the stock in a research report on Wednesday, April 30th. StockNews.com downgraded shares of 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 assigned a hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $89.67.

Insider Buying and Selling at Insperity

In other Insperity news, Director Ellen H. Masterson purchased 1,755 shares of the business's stock in a transaction on Wednesday, February 12th. The stock was bought at an average cost of $85.75 per share, with a total value of $150,491.25. Following the acquisition, the director now owns 16,612 shares of the company's stock, valued at $1,424,479. The trade was a 11.81 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Paul J. Sarvadi sold 25,000 shares of the firm's stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $84.32, for a total transaction of $2,108,000.00. Following the transaction, the chief executive officer now owns 436,584 shares of the company's stock, valued at approximately $36,812,762.88. This trade represents a 5.42 % decrease in their position. The disclosure for this sale can be found here. 5.50% of the stock is currently owned by corporate insiders.

Insperity Stock Down 3.1 %

Shares of Insperity stock opened at $64.81 on Tuesday. Insperity, Inc. has a 1-year low of $61.54 and a 1-year high of $106.69. The company has a market capitalization of $2.44 billion, a P/E ratio of 26.89 and a beta of 0.67. The business's fifty day moving average price is $83.40 and its two-hundred day moving average price is $80.80. 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 earnings results on Tuesday, April 29th. The business services provider reported $1.57 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.01 by ($0.44). Insperity had a net margin of 1.38% and a return on equity of 72.22%. The company had revenue of $310.00 million during the quarter, compared to the consensus estimate of $1.87 billion. During the same quarter in the prior year, the company earned $2.27 EPS. The business's quarterly revenue was up 3.4% on a year-over-year basis. As a group, research analysts forecast that Insperity, Inc. will post 2.33 EPS for the current year.

Insperity Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were given a $0.60 dividend. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $2.40 dividend on an annualized basis and a yield of 3.70%. Insperity's dividend payout ratio (DPR) is 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.

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