Barclays PLC Raises Stock Position in Insperity, Inc. (NYSE:NSP)

Barclays PLC increased its position in Insperity, Inc. (NYSE:NSP - Free Report) by 129.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 82,580 shares of the business services provider's stock after acquiring an additional 46,625 shares during the quarter. Barclays PLC owned about 0.22% of Insperity worth $7,269,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA lifted its stake in shares of Insperity by 32.3% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 882,324 shares of the business services provider's stock valued at $77,645,000 after buying an additional 215,206 shares in the last quarter. Mawer Investment Management Ltd. boosted its stake in shares of Insperity by 4.0% in the second quarter. Mawer Investment Management Ltd. now owns 5,188,547 shares of the business services provider's stock worth $473,247,000 after acquiring an additional 197,309 shares during the period. Hotchkis & Wiley Capital Management LLC bought a new stake in Insperity during the 3rd quarter valued at approximately $8,690,000. Reinhart Partners LLC. boosted its stake in Insperity by 6.7% in the 3rd quarter. Reinhart Partners LLC. now owns 1,082,034 shares of the business services provider's stock worth $95,219,000 after purchasing an additional 68,160 shares during the period. Finally, Renaissance Technologies LLC purchased a new stake in Insperity during the 2nd quarter valued at approximately $5,536,000. Hedge funds and other institutional investors own 93.44% of the company's stock.

Insperity Trading Down 1.3 %

Shares of Insperity stock traded down $1.02 during trading on Thursday, hitting $76.61. The stock had a trading volume of 551,709 shares, compared to its average volume of 295,146. Insperity, Inc. has a 12 month low of $71.69 and a 12 month high of $119.26. 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 firm's fifty day simple moving average is $80.89 and its 200-day simple moving average is $88.36. The stock has a market cap of $2.86 billion, a PE ratio of 24.32 and a beta of 1.15.

Insperity Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 24th. Stockholders of record on Tuesday, December 10th will be paid a dividend of $0.60 per share. The ex-dividend date is Tuesday, December 10th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.13%. Insperity's dividend payout ratio is 76.19%.

Analysts Set New Price Targets

Several research analysts have commented on NSP shares. William Blair downgraded shares of Insperity from an "outperform" rating to a "market perform" rating in a report on Tuesday, September 24th. JPMorgan Chase & Co. assumed coverage on Insperity in a report on Tuesday, October 22nd. They set an "underweight" rating and a $90.00 price target for the company. Truist Financial decreased their price objective on Insperity from $95.00 to $88.00 and set a "hold" rating on the stock in a report on Friday, November 1st. Finally, StockNews.com cut shares of Insperity from a "buy" rating to a "hold" rating in a research report on Monday, November 4th. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus 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.