Cambiar Investors LLC Sells 1,420 Shares of Insperity, Inc. (NYSE:NSP)

Cambiar Investors LLC lessened its stake in Insperity, Inc. (NYSE:NSP) by 7.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 18,883 shares of the business services provider’s stock after selling 1,420 shares during the period. Cambiar Investors LLC owned about 0.05% of Insperity worth $1,464,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Inspire Investing LLC increased its position in shares of Insperity by 19.7% during the third quarter. Inspire Investing LLC now owns 4,660 shares of the business services provider’s stock worth $410,000 after buying an additional 768 shares during the period. Creative Planning grew its holdings in Insperity by 14.6% during the 3rd quarter. Creative Planning now owns 4,104 shares of the business services provider’s stock worth $361,000 after acquiring an additional 522 shares during the period. nVerses Capital LLC raised its position in shares of Insperity by 285.7% in the 3rd quarter. nVerses Capital LLC now owns 2,700 shares of the business services provider’s stock worth $238,000 after acquiring an additional 2,000 shares in the last quarter. Blue Trust Inc. raised its position in shares of Insperity by 10.8% in the 3rd quarter. Blue Trust Inc. now owns 3,413 shares of the business services provider’s stock worth $311,000 after acquiring an additional 333 shares in the last quarter. Finally, Vest Financial LLC lifted its stake in shares of Insperity by 40.3% in the 3rd quarter. Vest Financial LLC now owns 16,298 shares of the business services provider’s stock valued at $1,434,000 after purchasing an additional 4,678 shares during the period. Institutional investors own 93.44% of the company’s stock.

Insperity Trading Up 5.7 %

Shares of Insperity stock opened at $85.47 on Wednesday. The company has a debt-to-equity ratio of 2.95, a quick ratio of 1.16 and a current ratio of 1.16. Insperity, Inc. has a 52 week low of $68.79 and a 52 week high of $110.72. The stock has a 50 day moving average price of $77.98 and a two-hundred day moving average price of $83.67. The stock has a market capitalization of $3.20 billion, a PE ratio of 27.13 and a beta of 1.13.

Insperity Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Tuesday, December 10th were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.81%. The ex-dividend date was Tuesday, December 10th. Insperity’s dividend payout ratio (DPR) is 76.19%.

Analysts Set New Price Targets

A number of brokerages have weighed in on NSP. JPMorgan Chase & Co. started coverage on Insperity in a report on Tuesday, October 22nd. They issued an “underweight” rating and a $90.00 target price for the company. 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 report on Friday, November 1st. Finally, StockNews.com lowered shares of Insperity from a “buy” rating to a “hold” rating in a research note on Monday, November 4th. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. Based on data from MarketBeat.com, Insperity currently has an average rating of “Hold” and an average target price of $95.67.

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.