Nordea Investment Management AB Has $8.62 Million Stock Position in Insperity, Inc. (NYSE:NSP)

Nordea Investment Management AB grew its position in shares of Insperity, Inc. (NYSE:NSP) by 4.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 109,888 shares of the business services provider’s stock after acquiring an additional 4,791 shares during the quarter. Nordea Investment Management AB’s holdings in Insperity were worth $8,623,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Rhumbline Advisers lifted its stake in shares of Insperity by 1.5% in the second quarter. Rhumbline Advisers now owns 120,025 shares of the business services provider’s stock valued at $10,947,000 after buying an additional 1,822 shares in the last quarter. National Bank of Canada FI lifted its holdings in shares of Insperity by 22.0% in the second quarter. National Bank of Canada FI now owns 2,515 shares of the business services provider’s stock valued at $226,000 after purchasing an additional 453 shares in the last quarter. Arizona State Retirement System grew its holdings in Insperity by 1.9% during the second quarter. Arizona State Retirement System now owns 9,918 shares of the business services provider’s stock worth $905,000 after buying an additional 185 shares in the last quarter. Quest Partners LLC purchased a new stake in Insperity in the 2nd quarter valued at $305,000. Finally, Texas Permanent School Fund Corp boosted its holdings in Insperity by 51.0% during the 2nd quarter. Texas Permanent School Fund Corp now owns 46,809 shares of the business services provider’s stock worth $4,269,000 after acquiring an additional 15,806 shares during the last quarter. 93.44% of the stock is currently owned by institutional investors.

Insperity Trading Down 1.1 %

Shares of Insperity stock opened at $75.67 on Friday. The company has a debt-to-equity ratio of 2.95, a quick ratio of 1.16 and a current ratio of 1.16. The stock has a market capitalization of $2.83 billion, a P/E ratio of 24.02 and a beta of 1.14. Insperity, Inc. has a 52-week low of $71.69 and a 52-week high of $118.50. The stock’s 50-day simple moving average is $78.15 and its 200 day simple moving average is $86.42.

Insperity Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Tuesday, December 10th were issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 3.17%. The ex-dividend date of this dividend was Tuesday, December 10th. Insperity’s dividend payout ratio (DPR) is presently 76.19%.

Analysts Set New Price Targets

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

About Insperity

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.