Chicago Equity Partners LLC trimmed its stake in shares of Insperity Inc (NYSE:NSP) by 3.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 74,345 shares of the business services provider’s stock after selling 2,260 shares during the quarter. Chicago Equity Partners LLC owned approximately 0.18% of Insperity worth $6,941,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds also recently modified their holdings of the company. Quantamental Technologies LLC acquired a new stake in Insperity during the fourth quarter worth approximately $65,000. Meeder Asset Management Inc. acquired a new stake in Insperity during the fourth quarter worth approximately $97,000. Northern Oak Wealth Management Inc. acquired a new stake in Insperity during the third quarter worth approximately $106,000. Rehmann Capital Advisory Group grew its stake in Insperity by 11,439.5% during the third quarter. Rehmann Capital Advisory Group now owns 21,348 shares of the business services provider’s stock worth $181,000 after purchasing an additional 21,163 shares during the period. Finally, Quantbot Technologies LP acquired a new stake in Insperity during the third quarter worth approximately $204,000. Institutional investors own 82.84% of the company’s stock.
Shares of Insperity stock opened at $110.90 on Monday. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.69. Insperity Inc has a 52 week low of $55.40 and a 52 week high of $121.15. The company has a market capitalization of $4.64 billion, a price-to-earnings ratio of 54.36, a PEG ratio of 1.62 and a beta of 0.94.
Several research firms recently commented on NSP. Zacks Investment Research cut Insperity from a “buy” rating to a “hold” rating in a research note on Friday, January 25th. ValuEngine raised Insperity from a “hold” rating to a “buy” rating in a research note on Thursday, January 24th. Finally, Robert W. Baird raised their price objective on Insperity from $110.00 to $125.00 and gave the company an “outperform” rating in a research note on Friday, November 2nd. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Insperity currently has an average rating of “Buy” and a consensus target price of $111.00.
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Insperity Company Profile
Insperity, Inc provides human resources (HR) and business solutions to enhance business performance for small and medium-sized businesses in the United States. The company offers its HR services through its Workforce Optimization and Workforce Synchronization solutions, which encompasses a range of human resources functions comprising payroll and employment administration, employee benefits, workers' compensation, government compliance, performance management and training, and development services.
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