UMB Bank n.a. Grows Stock Position in Insperity, Inc. (NYSE:NSP)

UMB Bank n.a. grew its holdings in shares of Insperity, Inc. (NYSE:NSP) by 45.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 849 shares of the business services provider’s stock after purchasing an additional 267 shares during the period. UMB Bank n.a.’s holdings in Insperity were worth $66,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB purchased a new position in Insperity in the third quarter valued at about $32,000. Millburn Ridgefield Corp acquired a new stake in Insperity during the 3rd quarter valued at $53,000. KBC Group NV raised its stake in Insperity by 26.4% in the 3rd quarter. KBC Group NV now owns 1,034 shares of the business services provider’s stock valued at $91,000 after purchasing an additional 216 shares during the last quarter. Quarry LP boosted its position in Insperity by 205.6% during the second quarter. Quarry LP now owns 1,088 shares of the business services provider’s stock worth $99,000 after acquiring an additional 732 shares during the last quarter. Finally, Covestor Ltd raised its holdings in Insperity by 21.7% in the 3rd quarter. Covestor Ltd now owns 1,156 shares of the business services provider’s stock valued at $102,000 after acquiring an additional 206 shares during the last quarter. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on NSP. StockNews.com downgraded Insperity from a “buy” rating to a “hold” rating in a research report on Monday, November 4th. JPMorgan Chase & Co. began coverage on shares of Insperity in a report on Tuesday, October 22nd. They issued an “underweight” rating and a $90.00 price target on the stock. Finally, Truist Financial lowered their price target on Insperity from $95.00 to $88.00 and set a “hold” rating for the company in a research report on Friday, November 1st. 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.com, the company has a consensus rating of “Hold” and an average target price of $95.67.

Insperity Stock Down 1.2 %

Shares of NYSE NSP opened at $78.26 on Friday. The stock has a fifty day moving average price of $78.17 and a 200 day moving average price of $85.41. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 2.95. Insperity, Inc. has a 12-month low of $71.69 and a 12-month high of $117.22. The company has a market cap of $2.93 billion, a P/E ratio of 24.84 and a beta of 1.14.

Insperity Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Tuesday, December 10th were issued a dividend of $0.60 per share. The ex-dividend date of this dividend was Tuesday, December 10th. This represents a $2.40 annualized dividend and a dividend yield of 3.07%. Insperity’s payout ratio is currently 76.19%.

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.