Natixis Advisors LLC Purchases 13,981 Shares of Insperity, Inc. (NYSE:NSP)

Natixis Advisors LLC increased its holdings in Insperity, Inc. (NYSE:NSP) by 27.4% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 65,016 shares of the business services provider’s stock after buying an additional 13,981 shares during the period. Natixis Advisors LLC owned 0.17% of Insperity worth $5,721,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in shares of Insperity by 4.9% during the first quarter. Vanguard Group Inc. now owns 3,911,104 shares of the business services provider’s stock worth $428,696,000 after purchasing an additional 182,773 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of Insperity by 3.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 422,163 shares of the business services provider’s stock valued at $38,505,000 after buying an additional 14,095 shares in the last quarter. Renaissance Technologies LLC bought a new stake in shares of Insperity during the 2nd quarter worth $5,536,000. Markel Group Inc. grew its position in Insperity by 32.6% in the third quarter. Markel Group Inc. now owns 70,143 shares of the business services provider’s stock worth $6,173,000 after acquiring an additional 17,237 shares in the last quarter. Finally, Harbor Capital Advisors Inc. increased its stake in Insperity by 69.9% in the third quarter. Harbor Capital Advisors Inc. now owns 105,952 shares of the business services provider’s stock valued at $9,324,000 after acquiring an additional 43,597 shares during the last quarter. Institutional investors own 93.44% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. StockNews.com lowered Insperity from a “buy” rating to a “hold” rating in a research note on Monday, November 4th. JPMorgan Chase & Co. began coverage on shares of Insperity in a research report on Tuesday, October 22nd. They set an “underweight” rating and a $90.00 price target on the stock. Truist Financial decreased their price target on shares of Insperity from $95.00 to $88.00 and set a “hold” rating on the stock in a research note on Friday, November 1st. Finally, William Blair cut shares of Insperity from an “outperform” rating to a “market perform” rating in a research note on Tuesday, September 24th. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $95.67.

Insperity Trading Up 3.0 %

Shares of NSP stock opened at $76.06 on Friday. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.16 and a quick ratio of 1.16. The business has a 50-day moving average of $83.54 and a 200 day moving average of $91.27. The stock has a market capitalization of $2.84 billion, a PE ratio of 24.15, a P/E/G ratio of 2.04 and a beta of 1.12. Insperity, Inc. has a 1-year low of $71.69 and a 1-year high of $119.40.

Insperity Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 24th. Investors of record on Tuesday, December 10th will be issued a dividend of $0.60 per share. The ex-dividend date is Tuesday, December 10th. This represents a $2.40 dividend on an annualized basis and a yield of 3.16%. Insperity’s dividend payout ratio is currently 76.19%.

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.