Insperity, Inc. (NYSE:NSP) Shares Bought by Natixis Advisors LLC

Key Points

• Natixis Advisors LLC increased its stake in Insperity, Inc. by 27.3%, owning 131,927 shares valued at approximately $11.77 million after acquiring an additional 28,267 shares.
• Insperity recently reported earnings per share (EPS) of $0.26 for the last quarter, missing expectations by $0.15, with revenues reaching $1.66 billion, a 3.3% increase year-over-year.
• The company announced a quarterly dividend of $0.60 per share, leading to a dividend yield of 5.0%, although it has a high payout ratio of 142.86%.

Natixis Advisors LLC increased its holdings in shares of Insperity, Inc. (NYSE:NSP - Free Report) by 27.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 131,927 shares of the business services provider's stock after purchasing an additional 28,267 shares during the quarter. Natixis Advisors LLC owned approximately 0.35% of Insperity worth $11,772,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in NSP. Private Trust Co. NA grew its stake in 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 acquiring an additional 240 shares in the last quarter. DekaBank Deutsche Girozentrale purchased a new stake in shares of Insperity during the 1st quarter worth approximately $42,000. First Horizon Advisors Inc. increased its position in Insperity by 56.0% in the first quarter. First Horizon Advisors Inc. now owns 705 shares of the business services provider's stock worth $63,000 after purchasing an additional 253 shares during the last quarter. Covestor Ltd lifted its position in Insperity by 12.6% during the fourth quarter. Covestor Ltd now owns 1,302 shares of the business services provider's stock valued at $101,000 after purchasing an additional 146 shares during the last quarter. Finally, UMB Bank n.a. grew 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 worth $104,000 after buying an additional 319 shares in the last quarter. 93.44% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on NSP. JPMorgan Chase & Co. lowered their price target on shares of Insperity from $68.00 to $51.00 and set an "underweight" rating for the company in a report on Monday. Truist Financial lowered their price target on Insperity from $70.00 to $50.00 and set a "hold" rating for the company in a research report on Monday. Wall Street Zen lowered shares of Insperity from a "buy" rating to a "hold" rating in a research note on Wednesday, April 30th. Finally, Roth Capital cut their price target on shares of Insperity from $85.00 to $74.00 and set a "buy" rating on the stock in a report on Monday. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $58.33.

Insperity Trading Up 4.5%

Shares of NYSE NSP traded up $2.18 during trading hours on Tuesday, reaching $50.45. The stock had a trading volume of 1,827,033 shares, compared to its average volume of 562,184. The company has a current ratio of 1.12, a quick ratio of 1.13 and a debt-to-equity ratio of 3.29. The firm has a market cap of $1.90 billion, a price-to-earnings ratio of 47.59 and a beta of 0.47. The business's fifty day moving average price is $59.90 and its two-hundred day moving average price is $73.04. Insperity, Inc. has a 52-week low of $44.14 and a 52-week high of $95.98.

Insperity (NYSE:NSP - Get Free Report) last announced its earnings results on Friday, August 1st. The business services provider reported $0.26 earnings per share 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 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% on a year-over-year basis. During the same quarter last year, the business earned $0.86 earnings per share. Analysts expect that Insperity, Inc. will post 2.33 EPS for the current fiscal year.

Insperity Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 20th. Investors of record on Friday, June 6th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend was Friday, June 6th. Insperity's dividend payout ratio is currently 226.42%.

Insperity Company Profile

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.