GSA Capital Partners LLP Purchases Shares of 3,678 Insperity, Inc. (NYSE:NSP)

GSA Capital Partners LLP purchased a new stake in shares of Insperity, Inc. (NYSE:NSP) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 3,678 shares of the business services provider’s stock, valued at approximately $324,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Andina Capital Management LLC raised its stake in shares of Insperity by 5.4% during the second quarter. Andina Capital Management LLC now owns 2,736 shares of the business services provider’s stock valued at $250,000 after acquiring an additional 140 shares in the last quarter. Grandeur Peak Global Advisors LLC raised its stake in shares of Insperity by 0.3% during the first quarter. Grandeur Peak Global Advisors LLC now owns 43,984 shares of the business services provider’s stock valued at $4,821,000 after acquiring an additional 146 shares in the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of Insperity by 0.3% during the second quarter. The Manufacturers Life Insurance Company now owns 43,075 shares of the business services provider’s stock valued at $3,929,000 after acquiring an additional 150 shares in the last quarter. Arizona State Retirement System raised its stake in shares of Insperity by 1.9% during the second quarter. Arizona State Retirement System now owns 9,918 shares of the business services provider’s stock valued at $905,000 after acquiring an additional 185 shares in the last quarter. Finally, Covestor Ltd raised its stake in shares of Insperity by 21.7% during the third quarter. Covestor Ltd now owns 1,156 shares of the business services provider’s stock valued at $102,000 after acquiring an additional 206 shares in the last quarter. 93.44% of the stock is owned by institutional investors.

Insperity Price Performance

NYSE NSP opened at $76.06 on Friday. The firm’s fifty day simple moving average is $83.54 and its two-hundred day simple moving average is $91.27. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 2.95. Insperity, Inc. has a 12-month low of $71.69 and a 12-month high of $119.40. The firm has a market capitalization of $2.84 billion, a P/E ratio of 23.44, a P/E/G ratio of 2.04 and a beta of 1.12.

Insperity Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 24th. Shareholders of record on Tuesday, December 10th will be issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 3.16%. The ex-dividend date is Tuesday, December 10th. Insperity’s payout ratio is 76.19%.

Analysts Set New Price Targets

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

About Insperity

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.