Earnest Partners LLC Has $122.31 Million Stock Holdings 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 increased its stake in shares of Insperity, Inc. (NYSE:NSP - Free Report) by 3.3% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 1,370,771 shares of the business services provider's stock after buying an additional 44,004 shares during the period. Earnest Partners LLC owned 3.64% of Insperity worth $122,314,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Crossmark Global Holdings Inc. bought a new position in Insperity during the first quarter worth $222,000. GAMMA Investing LLC raised its holdings in shares of Insperity by 524.1% in the first quarter. GAMMA Investing LLC now owns 1,554 shares of the business services provider's stock valued at $139,000 after purchasing an additional 1,305 shares during the last quarter. Millennium Management LLC raised its holdings in shares of Insperity by 28.4% in the fourth quarter. Millennium Management LLC now owns 51,097 shares of the business services provider's stock valued at $3,961,000 after purchasing an additional 11,289 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in Insperity by 597.9% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 20,317 shares of the business services provider's stock worth $1,813,000 after buying an additional 17,406 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Insperity in the first quarter worth about $268,000. Institutional investors own 93.44% of the company's stock.

Insider Activity

In related news, Director John L. Lumelleau bought 5,500 shares of the company's stock in a transaction dated Monday, August 4th. The shares were acquired at an average price of $45.36 per share, with a total value of $249,480.00. Following the completion of the acquisition, the director owned 5,500 shares in the company, valued at approximately $249,480. This trade represents a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP James D. Allison acquired 4,000 shares of Insperity stock in a transaction that occurred on Monday, August 4th. The stock was bought at an average price of $46.82 per share, with a total value of $187,280.00. Following the purchase, the executive vice president directly owned 64,517 shares of the company's stock, valued at approximately $3,020,685.94. This trade represents a 6.61% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought 20,194 shares of company stock valued at $925,981 over the last 90 days. Insiders own 5.50% of the company's stock.

Insperity Price Performance

Shares of NYSE:NSP opened at $53.69 on Wednesday. Insperity, Inc. has a twelve month low of $44.14 and a twelve month high of $95.98. The company's 50 day moving average is $56.93 and its 200 day moving average is $70.58. 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 market cap of $2.02 billion, a PE ratio of 50.65 and a beta of 0.47.

Insperity (NYSE:NSP - Get Free Report) last released its quarterly earnings results on Friday, August 1st. The business services provider reported $0.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.41 by ($0.15). The company had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.66 billion. Insperity had a net margin of 0.60% and a return on equity of 35.32%. Insperity's revenue was up 3.3% compared to the same quarter last year. During the same period in the prior year, the business posted $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. On average, sell-side analysts forecast that Insperity, Inc. will post 2.33 EPS for the current year.

Insperity Dividend Announcement

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 paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 4.5%. The ex-dividend date is Thursday, September 4th. Insperity's dividend payout ratio (DPR) is presently 226.42%.

Wall Street Analyst Weigh In

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

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