BNP Paribas Financial Markets Has $5.64 Million Stake in Insperity, Inc. (NYSE:NSP)

BNP Paribas Financial Markets boosted its holdings in shares of Insperity, Inc. (NYSE:NSP) by 53.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 72,757 shares of the business services provider’s stock after buying an additional 25,280 shares during the period. BNP Paribas Financial Markets’ holdings in Insperity were worth $5,639,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of NSP. Value Holdings Management CO. LLC lifted 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 acquiring an additional 9,600 shares during the period. Jones Financial Companies Lllp raised its position in Insperity by 493.2% in the fourth quarter. Jones Financial Companies Lllp now owns 350 shares of the business services provider’s stock worth $27,000 after purchasing an additional 291 shares in the last quarter. Barclays PLC lifted its stake in Insperity by 129.7% during the third 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. Empowered Funds LLC acquired a new stake in Insperity during the fourth quarter valued at approximately $1,373,000. Finally, Bank of New York Mellon Corp boosted its holdings in Insperity by 27.0% during the fourth quarter. Bank of New York Mellon Corp now owns 448,602 shares of the business services provider’s stock valued at $34,771,000 after purchasing an additional 95,495 shares in the last quarter. Institutional investors and hedge funds own 93.44% of the company’s stock.

Insider Transactions at Insperity

In related news, CEO Paul J. Sarvadi sold 14,203 shares of the company’s stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $65.26, for a total transaction of $926,887.78. Following the transaction, the chief executive officer now owns 458,589 shares in the company, valued at $29,927,518.14. This represents a 3.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 5.29% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on NSP shares. StockNews.com cut Insperity from a “buy” rating to a “hold” rating in a report on Wednesday, April 30th. Truist Financial lowered their price target on Insperity from $82.00 to $70.00 and set a “hold” rating on the stock in a research report on Wednesday, April 30th. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $89.67.

Insperity Price Performance

Shares of Insperity stock opened at $69.38 on Wednesday. The stock has a market capitalization of $2.61 billion, a price-to-earnings ratio of 28.79 and a beta of 0.55. The firm’s 50-day moving average price is $81.03 and its two-hundred day moving average price is $80.08. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 3.80. Insperity, Inc. has a 1-year low of $61.54 and a 1-year high of $106.01.

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

Insperity Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 3.46%. The ex-dividend date was Thursday, March 13th. Insperity’s payout ratio is presently 142.86%.

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.