Earnest Partners LLC Has $122.31 Million Position in Insperity, Inc. $NSP

Key Points

• Earnest Partners LLC increased its stake in Insperity, Inc. by 3.3%, holding approximately $122.31 million worth of stock after acquiring an additional 44,004 shares.
• Insperity reported Q2 earnings of $0.26 per share, missing analysts' expectations of $0.41, while the company had revenue of $1.66 billion.
• The company recently announced a quarterly dividend of $0.60, representing a 4.5% dividend yield, with a payout ratio of 226.42%.

Earnest Partners LLC boosted its stake in Insperity, Inc. (NYSE:NSP - Free Report) by 3.3% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,370,771 shares of the business services provider's stock after buying an additional 44,004 shares during the quarter. Earnest Partners LLC owned approximately 3.64% of Insperity worth $122,314,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Beverly Hills Private Wealth LLC raised its holdings in shares of Insperity by 4.6% during the 1st quarter. Beverly Hills Private Wealth LLC now owns 3,538 shares of the business services provider's stock valued at $316,000 after purchasing an additional 155 shares in the last quarter. Snowden Capital Advisors LLC raised its holdings in shares of Insperity by 6.0% during the 4th quarter. Snowden Capital Advisors LLC now owns 3,294 shares of the business services provider's stock valued at $255,000 after purchasing an additional 186 shares in the last quarter. Private Trust Co. NA raised its holdings in shares of Insperity by 279.1% during the 1st quarter. Private Trust Co. NA now owns 326 shares of the business services provider's stock valued at $29,000 after purchasing an additional 240 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Insperity by 9.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,911 shares of the business services provider's stock valued at $226,000 after purchasing an additional 251 shares in the last quarter. Finally, First Horizon Advisors Inc. raised its holdings in shares of Insperity by 56.0% during the 1st quarter. First Horizon Advisors Inc. now owns 705 shares of the business services provider's stock valued at $63,000 after purchasing an additional 253 shares in the last quarter. Institutional investors own 93.44% of the company's stock.

Insider Activity at Insperity

In related news, Director Eli Jones acquired 2,204 shares of the company's stock in a transaction dated Monday, August 4th. The shares were bought at an average price of $45.41 per share, for a total transaction of $100,083.64. Following the acquisition, the director owned 12,847 shares in the company, valued at $583,382.27. This trade represents a 20.71% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP James D. Allison acquired 4,000 shares of the company's stock in a transaction dated Monday, August 4th. The shares were bought at an average price of $46.82 per share, for a total transaction of $187,280.00. Following the acquisition, the executive vice president owned 64,517 shares in the company, valued at approximately $3,020,685.94. This trade represents a 6.61% increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 20,194 shares of company stock worth $925,981. Insiders own 5.50% of the company's stock.

Insperity Stock Performance

NSP traded up $0.76 during trading on Monday, hitting $55.15. The stock had a trading volume of 344,492 shares, compared to its average volume of 728,818. The firm has a market cap of $2.08 billion, a PE ratio of 52.03 and a beta of 0.48. Insperity, Inc. has a 12 month low of $44.14 and a 12 month high of $95.98. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 3.29. The company has a 50 day simple moving average of $56.62 and a 200-day simple moving average of $69.86.

Insperity (NYSE:NSP - Get Free Report) last announced its earnings results on Friday, August 1st. The business services provider reported $0.26 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.15). The firm had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.66 billion. Insperity had a return on equity of 35.32% and a net margin of 0.60%.The business's revenue was up 3.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.86 EPS. Insperity has set its FY 2025 guidance at 1.810-2.51 EPS. Q3 2025 guidance at 0.060-0.49 EPS. Analysts expect that Insperity, Inc. will post 2.33 EPS for the current year.

Insperity Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Thursday, September 4th will be issued a dividend of $0.60 per share. The ex-dividend date is Thursday, September 4th. This represents a $2.40 annualized dividend and a dividend yield of 4.4%. Insperity's payout ratio is presently 226.42%.

Analysts Set New Price Targets

NSP has been the topic of a number of recent research reports. Wall Street Zen downgraded shares of Insperity from a "hold" rating to a "sell" rating in a report on Saturday, August 9th. Truist Financial cut their price target on shares of Insperity from $70.00 to $50.00 and set a "hold" rating on the stock in a report on Monday, August 4th. JPMorgan Chase & Co. dropped their target price on shares of Insperity from $68.00 to $51.00 and set an "underweight" rating on the stock in a report on Monday, August 4th. Finally, Roth Capital dropped their target price on shares of Insperity from $85.00 to $74.00 and set a "buy" rating on the stock in a report on Monday, August 4th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Insperity presently has an average rating of "Hold" and a consensus target price of $58.33.

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.