UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Lowers Stake in Insperity, Inc. (NYSE:NSP)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its holdings in shares of Insperity, Inc. (NYSE:NSP - Free Report) by 11.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 66,588 shares of the business services provider's stock after selling 8,294 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.18% of Insperity worth $5,860,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. FORA Capital LLC bought a new stake in Insperity in the third quarter worth $487,000. Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in shares of Insperity by 58.3% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 34,200 shares of the business services provider's stock worth $3,010,000 after acquiring an additional 12,600 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of Insperity by 66.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 47,477 shares of the business services provider's stock worth $4,178,000 after acquiring an additional 18,968 shares during the last quarter. Quantbot Technologies LP boosted its stake in shares of Insperity by 150.7% during the 3rd quarter. Quantbot Technologies LP now owns 32,987 shares of the business services provider's stock worth $2,903,000 after purchasing an additional 19,831 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in Insperity by 4.9% during 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 purchasing an additional 59,216 shares during the last quarter. 93.44% of the stock is currently owned by institutional investors.

Insperity Trading Down 3.0 %

Shares of Insperity stock traded down $2.57 on Wednesday, hitting $81.96. 495,650 shares of the company traded hands, compared to its average volume of 288,679. 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 company has a market cap of $3.06 billion, a PE ratio of 26.02 and a beta of 1.15. The stock's 50 day moving average price is $81.40 and its 200-day moving average price is $88.91. Insperity, Inc. has a 52 week low of $71.69 and a 52 week high of $119.40.

Insperity Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 24th. Investors of record on Tuesday, December 10th will be issued a $0.60 dividend. The ex-dividend date of this dividend is Tuesday, December 10th. This represents a $2.40 annualized dividend and a dividend yield of 2.93%. Insperity's payout ratio is currently 76.19%.

Analysts Set New Price Targets

Several analysts have issued reports on NSP shares. Truist Financial decreased 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. JPMorgan Chase & Co. assumed coverage on Insperity in a research note on Tuesday, October 22nd. They set an "underweight" rating and a $90.00 price target for the company. William Blair cut Insperity from an "outperform" rating to a "market perform" rating in a report on Tuesday, September 24th. Finally, StockNews.com lowered Insperity from a "buy" rating to a "hold" rating in a research note on Monday, November 4th. 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 company has an average rating of "Hold" and a consensus price target of $95.67.

Insperity Company 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.