Schonfeld Strategic Advisors LLC Lowers Stake in Insperity, Inc. (NYSE:NSP)

Schonfeld Strategic Advisors LLC reduced its holdings in shares of Insperity, Inc. (NYSE:NSP - Free Report) by 55.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 9,969 shares of the business services provider's stock after selling 12,583 shares during the period. Schonfeld Strategic Advisors LLC's holdings in Insperity were worth $773,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Value Holdings Management CO. LLC grew its position in Insperity by 4.2% during the 4th quarter. Value Holdings Management CO. LLC now owns 237,798 shares of the business services provider's stock worth $18,432,000 after purchasing an additional 9,600 shares during the last quarter. Jones Financial Companies Lllp grew its position in Insperity by 493.2% during 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 last quarter. Reinhart Partners LLC. grew its position in Insperity by 8.3% during the 4th quarter. Reinhart Partners LLC. now owns 1,171,843 shares of the business services provider's stock worth $90,830,000 after purchasing an additional 89,809 shares during the last quarter. JPMorgan Chase & Co. grew its position in Insperity by 16.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 150,669 shares of the business services provider's stock worth $13,259,000 after purchasing an additional 21,325 shares during the last quarter. Finally, Barclays PLC grew its position in Insperity by 129.7% during the 3rd quarter. Barclays PLC now owns 82,580 shares of the business services provider's stock worth $7,269,000 after purchasing an additional 46,625 shares during the last quarter. 93.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on NSP shares. StockNews.com downgraded shares of Insperity from a "buy" rating to a "hold" rating in a research report on Wednesday, April 30th. Truist Financial lowered their target price on shares of Insperity from $82.00 to $70.00 and set a "hold" rating on the stock in a report on Wednesday, April 30th. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $89.67.

Insider Activity at Insperity

In other Insperity news, CEO Paul J. Sarvadi sold 25,000 shares of Insperity 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 completion of the transaction, the chief executive officer now owns 436,584 shares in the company, valued at approximately $36,812,762.88. The trade was a 5.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Ellen H. Masterson bought 1,755 shares of the business's stock in a transaction on Wednesday, February 12th. The shares were acquired at an average price of $85.75 per share, with a total value of $150,491.25. Following the transaction, 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 position. The disclosure for this purchase can be found here. Insiders sold 45,203 shares of company stock worth $3,542,968 over the last 90 days. Company insiders own 5.29% of the company's stock.

Insperity Stock Performance

Shares of NYSE:NSP traded up $3.14 during midday trading on Monday, hitting $69.06. The stock had a trading volume of 600,049 shares, compared to its average volume of 354,217. The company has a market capitalization of $2.60 billion, a PE ratio of 28.66 and a beta of 0.55. The stock has a 50 day moving average price of $81.71 and a two-hundred day moving average price of $80.21. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 3.80. Insperity, Inc. has a 1 year low of $61.54 and a 1 year high of $106.69.

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). 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 analyst estimates of $1.87 billion. During the same quarter last year, the business earned $2.27 EPS. The firm's revenue for the quarter was up 3.4% on a year-over-year basis. As a group, equities analysts predict that Insperity, Inc. will post 2.33 earnings per share for the current fiscal year.

Insperity Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 3.48%. The ex-dividend date was Thursday, March 13th. 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.