Beverly Hills Private Wealth LLC Has $262,000 Stock Position in Insperity, Inc. (NYSE:NSP)

Beverly Hills Private Wealth LLC trimmed its position in Insperity, Inc. (NYSE:NSP) by 9.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 3,383 shares of the business services provider’s stock after selling 364 shares during the quarter. Beverly Hills Private Wealth LLC’s holdings in Insperity were worth $262,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. Barclays PLC grew its holdings in shares of Insperity by 129.7% in the 3rd quarter. Barclays PLC now owns 82,580 shares of the business services provider’s stock valued at $7,269,000 after acquiring an additional 46,625 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in Insperity in the third quarter valued at approximately $32,000. Tidal Investments LLC grew its stake in Insperity by 84.3% in the third quarter. Tidal Investments LLC now owns 7,385 shares of the business services provider’s stock valued at $650,000 after purchasing an additional 3,377 shares in the last quarter. Franklin Resources Inc. increased its position in shares of Insperity by 4.6% during the 3rd quarter. Franklin Resources Inc. now owns 20,821 shares of the business services provider’s stock worth $1,844,000 after purchasing an additional 909 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its stake 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 in the last quarter. Institutional investors own 93.44% of the company’s stock.

Insperity Stock Down 3.1 %

NSP opened at $64.81 on Tuesday. The stock has a fifty day moving average of $83.40 and a 200-day moving average of $80.80. The company has a market capitalization of $2.44 billion, a P/E ratio of 26.89 and a beta of 0.67. Insperity, Inc. has a fifty-two week low of $61.54 and a fifty-two week high of $106.69. The company has a debt-to-equity ratio of 3.80, a quick ratio of 1.08 and a current ratio of 1.08.

Insperity (NYSE:NSP) last issued its quarterly earnings data on Tuesday, April 29th. The business services provider reported $1.57 earnings per share for the quarter, missing the consensus estimate of $2.01 by ($0.44). Insperity had a return on equity of 72.22% and a net margin of 1.38%. The business had revenue of $310.00 million during the quarter, compared to analyst estimates of $1.87 billion. During the same quarter last year, the firm earned $2.27 EPS. Insperity’s revenue for the quarter was up 3.4% compared to the same quarter last year. On average, equities analysts expect that Insperity, Inc. will post 2.33 EPS for the current year.

Insperity Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were paid a dividend of $0.60 per share. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $2.40 dividend on an annualized basis and a yield of 3.70%. Insperity’s dividend payout ratio (DPR) is presently 142.86%.

Wall Street Analyst Weigh In

NSP has been the topic of a number of recent analyst reports. Truist Financial lowered their target price on shares of Insperity from $82.00 to $70.00 and set a “hold” rating on the stock in a report on Wednesday, April 30th. StockNews.com downgraded shares of Insperity from a “buy” rating to a “hold” rating in a report on Wednesday, April 30th. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $89.67.

Insider Buying and Selling at Insperity

In other Insperity news, COO Arthur A. Arizpe sold 6,000 shares of the stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $84.68, for a total transaction of $508,080.00. Following the sale, the chief operating officer now directly owns 72,551 shares in the company, valued at $6,143,618.68. This represents a 7.64 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Paul J. Sarvadi sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $84.32, for a total transaction of $2,108,000.00. Following the completion of the transaction, the chief executive officer now directly owns 436,584 shares in the company, valued at approximately $36,812,762.88. This represents a 5.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 5.50% of the company’s stock.

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.