Man Group plc Has $21.37 Million Stock Position in Insperity, Inc. (NYSE:NSP)

Man Group plc lessened its position in Insperity, Inc. (NYSE:NSP - Free Report) by 19.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 275,739 shares of the business services provider's stock after selling 65,678 shares during the period. Man Group plc owned 0.74% of Insperity worth $21,373,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of NSP. 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 purchasing an additional 291 shares during the last quarter. UMB Bank n.a. grew its holdings in 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 acquiring an additional 267 shares during the last quarter. New Age Alpha Advisors LLC acquired a new position in Insperity in the 4th quarter valued at approximately $87,000. Covestor Ltd increased its position in Insperity by 12.6% in the 4th quarter. Covestor Ltd now owns 1,302 shares of the business services provider's stock valued at $101,000 after acquiring an additional 146 shares during the period. Finally, KBC Group NV raised its stake in shares of Insperity by 87.5% during the fourth quarter. KBC Group NV now owns 1,939 shares of the business services provider's stock valued at $150,000 after acquiring an additional 905 shares during the last quarter. 93.44% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

NSP has been the subject of a number of recent research reports. Truist Financial decreased their price objective on Insperity from $82.00 to $70.00 and set a "hold" rating for the company in a report on Wednesday, April 30th. Wall Street Zen cut 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 news, CEO Paul J. Sarvadi sold 14,203 shares of the firm's stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $65.26, for a total transaction of $926,887.78. Following the completion of the sale, the chief executive officer now owns 458,589 shares of the company's stock, valued at $29,927,518.14. This trade represents a 3.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 5.29% of the company's stock.

Insperity Trading Down 0.1%

Shares of NSP traded down $0.09 during trading hours on Thursday, hitting $66.94. 119,921 shares of the stock were exchanged, compared to its average volume of 363,522. Insperity, Inc. has a fifty-two week low of $61.54 and a fifty-two week high of $104.90. The business has a 50-day moving average of $78.70 and a 200-day moving average of $79.69. The firm has a market capitalization of $2.52 billion, a P/E ratio of 27.76 and a beta of 0.55. 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 issued its quarterly earnings results on Tuesday, April 29th. The business services provider reported $1.57 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 firm had revenue of $310.00 million for the quarter, compared to the consensus estimate of $1.87 billion. During the same period last year, the company posted $2.27 EPS. The business's revenue was up 3.4% compared to the same quarter last year. On average, research analysts expect that Insperity, Inc. will post 2.33 EPS for the current year.

Insperity Announces Dividend

The firm also recently announced 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. This represents a $2.40 dividend on an annualized basis and a yield of 3.59%. Insperity's payout ratio is currently 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.