Insperity, Inc. (NYSE:NSP) Stock Holdings Increased by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund increased its holdings in shares of Insperity, Inc. (NYSE:NSP - Free Report) by 58.3% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 34,200 shares of the business services provider's stock after purchasing an additional 12,600 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund owned 0.09% of Insperity worth $3,010,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of NSP. Quadrature Capital Ltd acquired a new stake in shares of Insperity in the first quarter worth $207,000. EverSource Wealth Advisors LLC increased its holdings in Insperity by 14.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 3,033 shares of the business services provider's stock valued at $312,000 after purchasing an additional 392 shares in the last quarter. Harbor Capital Advisors Inc. increased its holdings in Insperity by 121.7% in the 2nd quarter. Harbor Capital Advisors Inc. now owns 62,355 shares of the business services provider's stock valued at $5,687,000 after purchasing an additional 34,223 shares in the last quarter. SG Americas Securities LLC raised its position in Insperity by 612.5% in the second quarter. SG Americas Securities LLC now owns 14,471 shares of the business services provider's stock valued at $1,320,000 after purchasing an additional 12,440 shares during the period. Finally, Diversified Trust Co lifted its stake in shares of Insperity by 7.9% during the second quarter. Diversified Trust Co now owns 9,382 shares of the business services provider's stock worth $856,000 after purchasing an additional 687 shares in the last quarter. Hedge funds and other institutional investors own 93.44% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. StockNews.com lowered Insperity from a "buy" rating to a "hold" rating in a research note on Monday, November 4th. Truist Financial lowered their price objective on shares of Insperity from $95.00 to $88.00 and set a "hold" rating for the company in a research report on Friday, November 1st. JPMorgan Chase & Co. began coverage on shares of Insperity in a research report on Tuesday, October 22nd. They set an "underweight" rating and a $90.00 target price on the stock. Finally, William Blair lowered shares of Insperity from an "outperform" rating to a "market perform" rating in a report on Tuesday, September 24th. One research analyst has rated the stock with a sell rating and four have given a hold rating to the company's stock. Based on data from MarketBeat.com, Insperity currently has an average rating of "Hold" and a consensus price target of $95.67.

Insperity Stock Up 0.5 %

NSP stock traded up $0.40 during midday trading on Friday, hitting $78.85. 222,270 shares of the company's stock were exchanged, compared to its average volume of 376,860. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 2.95. The stock has a market capitalization of $2.95 billion, a price-to-earnings ratio of 25.03, a price-to-earnings-growth ratio of 2.21 and a beta of 1.12. Insperity, Inc. has a 12-month low of $71.69 and a 12-month high of $119.40. The firm has a 50 day moving average price of $82.14 and a 200-day moving average price of $90.09.

Insperity Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 24th. Shareholders of record on Tuesday, December 10th will be paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 3.04%. The ex-dividend date is Tuesday, December 10th. Insperity's dividend payout ratio (DPR) is currently 76.19%.

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.