BNP Paribas Financial Markets Buys 18,968 Shares of Insperity, Inc. (NYSE:NSP)

BNP Paribas Financial Markets boosted its holdings in shares of Insperity, Inc. (NYSE:NSP - Free Report) by 66.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 47,477 shares of the business services provider's stock after purchasing an additional 18,968 shares during the period. BNP Paribas Financial Markets owned about 0.13% of Insperity worth $4,178,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Andina Capital Management LLC lifted its stake in shares of Insperity by 5.4% in the 2nd quarter. Andina Capital Management LLC now owns 2,736 shares of the business services provider's stock valued at $250,000 after purchasing an additional 140 shares during the period. The Manufacturers Life Insurance Company boosted 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 buying an additional 150 shares in the last quarter. Arizona State Retirement System boosted its holdings in shares of Insperity by 1.9% during the 2nd quarter. Arizona State Retirement System now owns 9,918 shares of the business services provider's stock valued at $905,000 after buying an additional 185 shares in the last quarter. Covestor Ltd increased its stake in shares of Insperity by 21.7% in the 3rd quarter. Covestor Ltd now owns 1,156 shares of the business services provider's stock worth $102,000 after acquiring an additional 206 shares in the last quarter. Finally, Crossmark Global Holdings Inc. increased its stake in shares of Insperity by 9.2% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 2,525 shares of the business services provider's stock worth $222,000 after acquiring an additional 213 shares in the last quarter. Institutional investors own 93.44% of the company's stock.

Insperity Stock Down 1.2 %

NYSE NSP traded down $1.03 during mid-day trading on Thursday, reaching $81.85. The stock had a trading volume of 421,998 shares, compared to its average volume of 285,738. The stock has a market cap of $3.06 billion, a PE ratio of 25.98, a price-to-earnings-growth ratio of 2.29 and a beta of 1.15. Insperity, Inc. has a 1 year low of $71.69 and a 1 year high of $119.40. 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 fifty day moving average price of $81.67 and a 200 day moving average price of $89.56.

Insperity Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 24th. Stockholders of record on Tuesday, December 10th will be paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 2.93%. The ex-dividend date is Tuesday, December 10th. Insperity's dividend payout ratio is currently 76.19%.

Analysts Set New Price Targets

NSP has been the topic of a number of recent research reports. Truist Financial cut their price objective 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. William Blair lowered Insperity from an "outperform" rating to a "market perform" rating in a research report on Tuesday, September 24th. StockNews.com downgraded Insperity from a "buy" rating to a "hold" rating in a report on Monday, November 4th. Finally, JPMorgan Chase & Co. started coverage on Insperity in a research note on Tuesday, October 22nd. They issued an "underweight" rating and a $90.00 target price on the stock. 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.com, the stock has a consensus rating of "Hold" and a consensus 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.