UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $5.86 Million Position in Insperity, Inc. (NYSE:NSP)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its stake in shares of Insperity, Inc. (NYSE:NSP) by 11.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 66,588 shares of the business services provider’s stock after selling 8,294 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.18% of Insperity worth $5,860,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. FORA Capital LLC acquired a new position in shares of Insperity during the 3rd quarter worth about $487,000. Healthcare of Ontario Pension Plan Trust Fund grew its position in shares of Insperity by 58.3% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 34,200 shares of the business services provider’s stock valued at $3,010,000 after purchasing an additional 12,600 shares during the period. BNP Paribas Financial Markets grew its position in shares of Insperity by 66.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 47,477 shares of the business services provider’s stock valued at $4,178,000 after purchasing an additional 18,968 shares during the period. Quantbot Technologies LP grew its position in shares of Insperity by 150.7% in the 3rd quarter. Quantbot Technologies LP now owns 32,987 shares of the business services provider’s stock valued at $2,903,000 after purchasing an additional 19,831 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in shares of Insperity by 4.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,260,768 shares of the business services provider’s stock valued at $110,948,000 after purchasing an additional 59,216 shares during the period. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Insperity Trading Up 1.9 %

NYSE:NSP opened at $84.59 on Wednesday. Insperity, Inc. has a twelve month low of $71.69 and a twelve month high of $119.40. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 2.95. The business has a 50 day moving average price of $81.46 and a two-hundred day moving average price of $88.96. The company has a market cap of $3.16 billion, a P/E ratio of 26.85 and a beta of 1.15.

Insperity Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 24th. Stockholders of record on Tuesday, December 10th will be paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.84%. The ex-dividend date of this dividend is Tuesday, December 10th. Insperity’s dividend payout ratio is currently 76.19%.

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.