Insperity, Inc. (NYSE:NSP) Shares Acquired by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC boosted its stake in Insperity, Inc. (NYSE:NSP) by 38.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,304 shares of the business services provider’s stock after buying an additional 3,420 shares during the period. Janney Montgomery Scott LLC’s holdings in Insperity were worth $954,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Sanctuary Advisors LLC bought a new position in shares of Insperity in the second quarter valued at approximately $1,330,000. Handelsbanken Fonder AB boosted its stake in Insperity by 12.8% during the 3rd quarter. Handelsbanken Fonder AB now owns 7,944 shares of the business services provider’s stock valued at $699,000 after purchasing an additional 900 shares in the last quarter. Reinhart Partners LLC. increased its position in shares of Insperity by 6.7% during the 3rd quarter. Reinhart Partners LLC. now owns 1,082,034 shares of the business services provider’s stock valued at $95,219,000 after purchasing an additional 68,160 shares during the period. Inspire Investing LLC raised its stake in shares of Insperity by 19.7% in the 3rd quarter. Inspire Investing LLC now owns 4,660 shares of the business services provider’s stock worth $410,000 after buying an additional 768 shares in the last quarter. Finally, Creative Planning lifted its holdings in shares of Insperity by 14.6% in the third quarter. Creative Planning now owns 4,104 shares of the business services provider’s stock valued at $361,000 after buying an additional 522 shares during the period. Institutional investors and hedge funds own 93.44% of the company’s stock.

Insperity Price Performance

NYSE NSP opened at $74.26 on Thursday. 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 1 year low of $71.69 and a 1 year high of $114.29. The company has a market cap of $2.78 billion, a PE ratio of 23.57 and a beta of 1.13. The stock’s 50-day moving average price is $78.41 and its two-hundred day moving average price is $84.41.

Insperity Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Tuesday, December 10th were issued a dividend of $0.60 per share. The ex-dividend date was Tuesday, December 10th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.23%. Insperity’s dividend payout ratio is currently 76.19%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on NSP. StockNews.com lowered Insperity from a “buy” rating to a “hold” rating in a report on Monday, November 4th. 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 on the stock. Finally, Truist Financial dropped their target price on shares of 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 stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average 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.