Markel Group Inc. Has $6.17 Million Stock Position in Insperity, Inc. (NYSE:NSP)

Markel Group Inc. lifted its position in shares of Insperity, Inc. (NYSE:NSP - Free Report) by 32.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,143 shares of the business services provider's stock after purchasing an additional 17,237 shares during the period. Markel Group Inc. owned about 0.19% of Insperity worth $6,173,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. nVerses Capital LLC bought a new position in Insperity in the 2nd quarter valued at about $64,000. EntryPoint Capital LLC grew its position in Insperity by 164.3% in the 1st quarter. EntryPoint Capital LLC now owns 859 shares of the business services provider's stock valued at $94,000 after buying an additional 534 shares in the last quarter. Quarry LP grew its position in Insperity by 205.6% in the 2nd quarter. Quarry LP now owns 1,088 shares of the business services provider's stock valued at $99,000 after buying an additional 732 shares in the last quarter. Accordant Advisory Group Inc acquired a new stake in Insperity in the 2nd quarter valued at about $109,000. Finally, Covestor Ltd lifted its holdings in Insperity by 264.7% in the 1st quarter. Covestor Ltd now owns 1,043 shares of the business services provider's stock valued at $114,000 after acquiring an additional 757 shares during the last quarter. 93.44% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Insperity Stock Performance

Shares of NYSE:NSP traded down $1.02 during trading on Friday, reaching $79.69. The stock had a trading volume of 403,010 shares, compared to its average volume of 415,983. Insperity, Inc. has a 52 week low of $74.32 and a 52 week high of $119.40. The firm has a market capitalization of $2.98 billion, a price-to-earnings ratio of 25.30, a P/E/G ratio of 1.56 and a beta of 1.12. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 2.95. The stock has a fifty day simple moving average of $86.00 and a two-hundred day simple moving average of $93.05.

Insperity Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 19th. Stockholders of record on Thursday, September 5th were given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.01%. The ex-dividend date was Thursday, September 5th. Insperity's dividend payout ratio 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.