Crossmark Global Holdings Inc. grew its position in Insperity, Inc. (NYSE:NSP – Free Report) by 9.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,525 shares of the business services provider’s stock after purchasing an additional 213 shares during the period. Crossmark Global Holdings Inc.’s holdings in Insperity were worth $222,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Andina Capital Management LLC increased its holdings in Insperity by 5.4% in the second quarter. Andina Capital Management LLC now owns 2,736 shares of the business services provider’s stock worth $250,000 after buying an additional 140 shares during the last quarter. Grandeur Peak Global Advisors LLC increased its stake in shares of Insperity by 0.3% during the 1st quarter. Grandeur Peak Global Advisors LLC now owns 43,984 shares of the business services provider’s stock worth $4,821,000 after purchasing an additional 146 shares during the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of Insperity by 0.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 43,075 shares of the business services provider’s stock valued at $3,929,000 after purchasing an additional 150 shares in the last quarter. Arizona State Retirement System lifted its stake in shares of Insperity by 1.9% in the 2nd quarter. Arizona State Retirement System now owns 9,918 shares of the business services provider’s stock valued at $905,000 after purchasing an additional 185 shares during the last quarter. Finally, Covestor Ltd boosted its holdings in Insperity by 21.7% in the third quarter. Covestor Ltd now owns 1,156 shares of the business services provider’s stock worth $102,000 after purchasing an additional 206 shares in the last quarter. 93.44% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several analysts have recently issued reports on NSP shares. William Blair downgraded Insperity from an “outperform” rating to a “market perform” rating in a research note on Tuesday, September 24th. JPMorgan Chase & Co. initiated coverage on Insperity in a report on Tuesday, October 22nd. They set an “underweight” rating and a $90.00 price target on the stock. StockNews.com lowered shares of Insperity from a “buy” rating to a “hold” rating in a research report on Monday, November 4th. Finally, Truist Financial lowered their target price on shares of Insperity from $95.00 to $88.00 and set a “hold” rating on the stock in a research note on Friday, November 1st. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $95.67.
Insperity Trading Up 0.2 %
Shares of NSP stock opened at $73.32 on Tuesday. The firm has a market capitalization of $2.74 billion, a P/E ratio of 23.22, a price-to-earnings-growth ratio of 2.05 and a beta of 1.12. Insperity, Inc. has a 1 year low of $72.18 and a 1 year high of $119.40. The firm’s fifty day simple moving average is $84.61 and its 200 day simple moving average is $91.94. 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 Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Stockholders of record on Thursday, September 5th were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.27%. The ex-dividend date of this dividend was Thursday, September 5th. 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.
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