Insperity, Inc. (NYSE:NSP) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC trimmed its holdings in shares of Insperity, Inc. (NYSE:NSP) by 52.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,363 shares of the business services provider’s stock after selling 4,754 shares during the period. SG Americas Securities LLC’s holdings in Insperity were worth $338,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Wilmington Savings Fund Society FSB acquired a new position in Insperity during the 3rd quarter valued at approximately $32,000. Millburn Ridgefield Corp acquired a new position in shares of Insperity during the third quarter valued at $53,000. UMB Bank n.a. grew its position in shares of Insperity by 45.9% during the fourth 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. KBC Group NV increased its holdings in shares of Insperity by 26.4% in the 3rd quarter. KBC Group NV now owns 1,034 shares of the business services provider’s stock worth $91,000 after acquiring an additional 216 shares during the period. Finally, Covestor Ltd lifted its position in Insperity by 21.7% in the 3rd quarter. Covestor Ltd now owns 1,156 shares of the business services provider’s stock valued at $102,000 after purchasing an additional 206 shares during the last quarter. 93.44% of the stock is currently owned by institutional investors.

Insperity Stock Performance

NSP opened at $75.57 on Wednesday. The business has a 50 day moving average price of $78.46 and a two-hundred day moving average price of $84.58. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.16 and a quick ratio of 1.16. The company has a market capitalization of $2.82 billion, a price-to-earnings ratio of 23.99 and a beta of 1.13. Insperity, Inc. has a 1-year low of $71.69 and a 1-year high of $114.29.

Insperity Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Tuesday, December 10th were paid a dividend of $0.60 per share. The ex-dividend date of this dividend was Tuesday, December 10th. This represents a $2.40 annualized dividend and a yield of 3.18%. Insperity’s dividend payout ratio is currently 76.19%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on NSP shares. StockNews.com cut shares of 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 research report on Tuesday, October 22nd. They issued an “underweight” rating and a $90.00 target price on the stock. Finally, 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. 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 stock presently has an average rating of “Hold” and an average price target 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.