Boston Trust Walden Corp Reduces Holdings in Insperity, Inc. (NYSE:NSP)

Boston Trust Walden Corp trimmed its position in Insperity, Inc. (NYSE:NSP - Free Report) by 3.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 219,895 shares of the business services provider's stock after selling 8,765 shares during the quarter. Boston Trust Walden Corp owned approximately 0.59% of Insperity worth $17,044,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. State Street Corp increased its holdings in Insperity by 0.9% in the third quarter. State Street Corp now owns 1,287,058 shares of the business services provider's stock valued at $113,261,000 after buying an additional 11,123 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings 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 acquiring an additional 59,216 shares during the last quarter. Reinhart Partners LLC. raised its position in shares of Insperity by 8.3% during the 4th quarter. Reinhart Partners LLC. now owns 1,171,843 shares of the business services provider's stock worth $90,830,000 after acquiring an additional 89,809 shares in the last quarter. Geode Capital Management LLC lifted its stake in Insperity by 16.7% during the third quarter. Geode Capital Management LLC now owns 968,634 shares of the business services provider's stock worth $85,254,000 after purchasing an additional 138,837 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its holdings in Insperity by 32.3% in the third quarter. Massachusetts Financial Services Co. MA now owns 882,324 shares of the business services provider's stock valued at $77,645,000 after purchasing an additional 215,206 shares in the last quarter. 93.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have recently issued reports on NSP. JPMorgan Chase & Co. started coverage on shares of Insperity in a report on Tuesday, October 22nd. They issued an "underweight" rating and a $90.00 target price for the company. StockNews.com cut Insperity from a "buy" rating to a "hold" rating in a research note on Monday, November 4th. Finally, Truist Financial lowered their price target on Insperity from $95.00 to $88.00 and set a "hold" rating on the stock in a report on Friday, November 1st. One analyst has rated the stock with a sell rating and four have issued a hold rating to the company's stock. According to MarketBeat, Insperity has an average rating of "Hold" and an average price target of $95.67.

Insperity Stock Performance

Shares of NSP stock traded down $1.93 during trading hours on Friday, reaching $69.50. 672,627 shares of the company's stock were exchanged, compared to its average volume of 370,980. Insperity, Inc. has a 1 year low of $68.79 and a 1 year high of $110.72. 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's 50 day moving average is $78.18 and its two-hundred day moving average is $84.25. The company has a market cap of $2.60 billion, a P/E ratio of 22.06 and a beta of 1.13.

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 paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 3.45%. The ex-dividend date of this dividend was Tuesday, December 10th. Insperity's dividend payout ratio (DPR) is 76.19%.

About Insperity

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.