Wealth Enhancement Advisory Services LLC Has $234,000 Holdings in Insperity, Inc. (NYSE:NSP)

Wealth Enhancement Advisory Services LLC decreased its position in shares of Insperity, Inc. (NYSE:NSP) by 15.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,660 shares of the business services provider’s stock after selling 470 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Insperity were worth $234,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Janney Montgomery Scott LLC lifted its position in shares of Insperity by 37.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 5,552 shares of the business services provider’s stock worth $609,000 after purchasing an additional 1,500 shares during the last quarter. Texas Permanent School Fund Corp lifted its holdings in shares of Insperity by 1.4% during the first quarter. Texas Permanent School Fund Corp now owns 31,003 shares of the business services provider’s stock worth $3,398,000 after buying an additional 421 shares during the last quarter. Empowered Funds LLC bought a new stake in shares of Insperity in the first quarter valued at approximately $1,956,000. SG Americas Securities LLC grew its stake in shares of Insperity by 15.7% in the first quarter. SG Americas Securities LLC now owns 2,031 shares of the business services provider’s stock worth $223,000 after acquiring an additional 276 shares during the last quarter. Finally, US Bancorp DE increased its position in Insperity by 10.1% during the first quarter. US Bancorp DE now owns 3,163 shares of the business services provider’s stock worth $347,000 after acquiring an additional 290 shares during the period. 93.44% of the stock is currently owned by institutional investors.

Insperity Stock Performance

NYSE:NSP opened at $80.48 on Tuesday. The firm has a market capitalization of $3.01 billion, a PE ratio of 25.55, a price-to-earnings-growth ratio of 1.50 and a beta of 1.12. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 2.95. Insperity, Inc. has a 12-month low of $74.32 and a 12-month high of $119.40. The firm has a 50-day moving average price of $86.00 and a 200 day moving average price of $92.93.

Insperity Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th were paid a dividend of $0.60 per share. The ex-dividend date of this dividend was Thursday, September 5th. This represents a $2.40 annualized dividend and a yield of 2.98%. Insperity’s dividend payout ratio is currently 76.19%.

Analysts Set New Price Targets

Several research firms have issued reports on NSP. William Blair lowered shares of Insperity from an “outperform” rating to a “market perform” rating in a research report on Tuesday, September 24th. StockNews.com downgraded Insperity from a “buy” rating to a “hold” rating in a research report on Monday, November 4th. JPMorgan Chase & Co. started coverage on Insperity in a report on Tuesday, October 22nd. They issued an “underweight” rating and a $90.00 price target for the company. Finally, Truist Financial decreased their price objective on Insperity from $95.00 to $88.00 and set a “hold” rating on the stock in a report on Friday, November 1st. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $95.67.

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.