Hotchkis & Wiley Capital Management LLC Buys 41,322 Shares of Insperity, Inc. $NSP

Key Points

• Hotchkis & Wiley Capital Management LLC increased its stake in Insperity, Inc. by 34% during the first quarter, acquiring an additional 41,322 shares, bringing their total to 162,912 shares valued at approximately $14.5 million.
• Insperity announced a quarterly dividend of $0.60 per share, with a yield of 4.3%, to be paid on September 18th to investors of record.
• Recent analysts' reports have downgraded Insperity's stock price target, with JPMorgan Chase lowering it from $68 to $51 and Roth Capital adjusting it from $85 to $74, while maintaining an average rating of "Hold."

Hotchkis & Wiley Capital Management LLC grew its stake in Insperity, Inc. (NYSE:NSP - Free Report) by 34.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 162,912 shares of the business services provider's stock after acquiring an additional 41,322 shares during the period. Hotchkis & Wiley Capital Management LLC owned 0.43% of Insperity worth $14,537,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Private Trust Co. NA grew its stake in shares of Insperity by 279.1% during the first 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 during the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in Insperity during the 1st quarter worth $33,000. DekaBank Deutsche Girozentrale acquired a new position in Insperity during the 1st quarter worth $42,000. First Horizon Advisors Inc. boosted its position in Insperity by 56.0% in the 1st quarter. First Horizon Advisors Inc. now owns 705 shares of the business services provider's stock valued at $63,000 after buying an additional 253 shares during the last quarter. Finally, UMB Bank n.a. increased its stake in shares of Insperity by 37.6% in the 1st quarter. UMB Bank n.a. now owns 1,168 shares of the business services provider's stock valued at $104,000 after buying an additional 319 shares during the period. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Insperity news, Director Eli Jones purchased 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, with a total value of $100,083.64. Following the completion of the transaction, the director directly owned 12,847 shares in the company, valued at $583,382.27. This trade represents a 20.71% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP James D. Allison acquired 4,000 shares of the business's stock in a transaction dated Monday, August 4th. The shares were acquired at an average price of $46.82 per share, for a total transaction of $187,280.00. Following the acquisition, the executive vice president directly owned 64,517 shares in the company, valued at $3,020,685.94. This represents a 6.61% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders purchased 20,194 shares of company stock valued at $925,981. Company insiders own 5.29% of the company's stock.

Insperity Stock Up 3.1%

Shares of Insperity stock opened at $55.4930 on Friday. The business has a fifty day simple moving average of $57.16 and a 200 day simple moving average of $70.79. The stock has a market cap of $2.09 billion, a PE ratio of 52.35 and a beta of 0.47. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 3.29. Insperity, Inc. has a 12 month low of $44.14 and a 12 month high of $95.98.

Insperity (NYSE:NSP - Get Free Report) last issued 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 net margin of 0.60% and a return on equity of 35.32%. The firm's revenue for the quarter was up 3.3% on a year-over-year basis. During the same period in the previous year, the company 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. Research analysts predict that Insperity, Inc. will post 2.33 EPS for the current year.

Insperity Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 18th. Investors of record on Thursday, September 4th will be paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend is Thursday, September 4th. Insperity's dividend payout ratio (DPR) is presently 226.42%.

Analysts Set New Price Targets

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