Vest Financial LLC Acquires 15,253 Shares of Insperity, Inc. (NYSE:NSP)

Vest Financial LLC raised its holdings in Insperity, Inc. (NYSE:NSP - Free Report) by 93.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,551 shares of the business services provider's stock after buying an additional 15,253 shares during the quarter. Vest Financial LLC owned approximately 0.08% of Insperity worth $2,446,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Value Holdings Management CO. LLC grew its holdings in shares of Insperity by 4.2% during the 4th quarter. Value Holdings Management CO. LLC now owns 237,798 shares of the business services provider's stock worth $18,432,000 after purchasing an additional 9,600 shares during the period. State Street Corp grew its holdings in shares of Insperity by 0.9% during the 3rd quarter. State Street Corp now owns 1,287,058 shares of the business services provider's stock worth $113,261,000 after purchasing an additional 11,123 shares during the period. Reinhart Partners LLC. grew its holdings 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 purchasing an additional 89,809 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of Insperity by 16.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 150,669 shares of the business services provider's stock worth $13,259,000 after purchasing an additional 21,325 shares during the period. Finally, Barclays PLC grew its holdings in shares of Insperity by 129.7% during the 3rd quarter. Barclays PLC now owns 82,580 shares of the business services provider's stock worth $7,269,000 after purchasing an additional 46,625 shares during the period. Hedge funds and other institutional investors own 93.44% of the company's stock.

Insperity Stock Performance

NSP traded down $0.27 during trading on Wednesday, reaching $85.22. 650,520 shares of the company were exchanged, compared to its average volume of 422,211. The stock has a market cap of $3.19 billion, a P/E ratio of 27.05 and a beta of 1.13. The firm has a 50 day moving average of $78.06 and a 200 day moving average of $83.56. 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 52 week low of $68.79 and a 52 week high of $110.72.

Insperity Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Tuesday, December 10th were issued a $0.60 dividend. The ex-dividend date of this dividend was Tuesday, December 10th. This represents a $2.40 annualized dividend and a dividend yield of 2.82%. Insperity's dividend payout ratio (DPR) is 76.19%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on NSP shares. JPMorgan Chase & Co. started coverage on Insperity in a research report on Tuesday, October 22nd. They set an "underweight" rating and a $90.00 price target on the stock. Truist Financial reduced their price target on Insperity from $95.00 to $88.00 and set a "hold" rating on the stock in a research report on Friday, November 1st. Finally, StockNews.com lowered Insperity from a "buy" rating to a "hold" rating in a research report on Monday, November 4th. One investment analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. Based on data from MarketBeat, Insperity presently has an average rating of "Hold" and an average 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.