Dimensional Fund Advisors LP Purchases 7,265 Shares of Insperity, Inc. (NYSE:NSP)

Dimensional Fund Advisors LP grew its position in Insperity, Inc. (NYSE:NSP - Free Report) by 1.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 691,121 shares of the business services provider's stock after buying an additional 7,265 shares during the quarter. Dimensional Fund Advisors LP owned approximately 1.85% of Insperity worth $53,569,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Jones Financial Companies Lllp boosted its stake in Insperity by 493.2% in the 4th 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 during the period. Wilmington Savings Fund Society FSB acquired a new stake in shares of Insperity in the third quarter worth $32,000. UMB Bank n.a. boosted its position in shares of Insperity by 45.9% in the fourth quarter. UMB Bank n.a. now owns 849 shares of the business services provider's stock worth $66,000 after buying an additional 267 shares during the period. New Age Alpha Advisors LLC purchased a new position in shares of Insperity during the fourth quarter valued at $87,000. Finally, Covestor Ltd raised its position in Insperity by 12.6% during the fourth quarter. Covestor Ltd now owns 1,302 shares of the business services provider's stock valued at $101,000 after buying an additional 146 shares during the period. 93.44% of the stock is owned by hedge funds and other institutional investors.

Insperity Stock Up 0.8 %

Shares of NSP traded up $0.54 during midday trading on Tuesday, reaching $65.34. 698,545 shares of the stock were exchanged, compared to its average volume of 347,902. The company has a market cap of $2.46 billion, a price-to-earnings ratio of 27.11 and a beta of 0.67. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 3.80. Insperity, Inc. has a 12-month low of $61.54 and a 12-month high of $106.69. The firm has a 50 day simple moving average of $83.40 and a 200-day simple moving average of $80.80.

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 business 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%. Insperity's revenue was up 3.4% compared to the same quarter last year. During the same period in the previous year, the business posted $2.27 EPS. Research analysts forecast that Insperity, Inc. will post 2.33 EPS for the current year.

Insperity Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 3.67%. The ex-dividend date of this dividend was Thursday, March 13th. Insperity's dividend payout ratio is presently 142.86%.

Insiders Place Their Bets

In related news, CEO Paul J. Sarvadi sold 25,000 shares of the company's stock in a transaction on 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 completion of the sale, the chief executive officer now directly owns 436,584 shares of the company's stock, valued at approximately $36,812,762.88. This represents a 5.42 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Ellen H. Masterson bought 1,755 shares of the company's stock in a transaction that occurred on Wednesday, February 12th. The stock was purchased at an average price of $85.75 per share, for a total transaction of $150,491.25. Following the acquisition, the director now directly owns 16,612 shares in the company, valued at approximately $1,424,479. This trade represents a 11.81 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 5.50% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on NSP. Truist Financial lowered their target price on Insperity from $82.00 to $70.00 and set a "hold" rating on the stock in a research note 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. According to MarketBeat.com, Insperity presently has an average rating of "Hold" and an average target price of $89.67.

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.