Copeland Capital Management LLC Has $41.85 Million Stock Position in Insperity, Inc. (NYSE:NSP)

Copeland Capital Management LLC boosted its holdings in Insperity, Inc. (NYSE:NSP - Free Report) by 4.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 468,992 shares of the business services provider's stock after buying an additional 19,375 shares during the period. Copeland Capital Management LLC owned 1.25% of Insperity worth $41,848,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in NSP. Jones Financial Companies Lllp lifted its stake in shares of Insperity by 493.2% in the 4th quarter. Jones Financial Companies Lllp now owns 350 shares of the business services provider's stock valued at $27,000 after purchasing an additional 291 shares in the last quarter. Millennium Management LLC lifted its stake in shares of Insperity by 28.4% in the 4th 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 in the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Insperity by 9.4% in 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. Bank of New York Mellon Corp lifted its stake in shares of Insperity by 27.0% in the 4th quarter. Bank of New York Mellon Corp now owns 448,602 shares of the business services provider's stock valued at $34,771,000 after purchasing an additional 95,495 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of Insperity in the 4th quarter valued at about $10,390,000. 93.44% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently weighed in on NSP. Wall Street Zen lowered Insperity from a "buy" rating to a "hold" rating in a research note on Wednesday, April 30th. Truist Financial lowered their price target on Insperity from $82.00 to $70.00 and set a "hold" rating for the company in a report on Wednesday, April 30th.

Insperity Stock Performance

NSP stock traded up $0.57 during trading on Friday, reaching $59.38. 633,822 shares of the company's stock were exchanged, compared to its average volume of 392,685. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 3.66. Insperity, Inc. has a 1-year low of $57.87 and a 1-year high of $104.90. The company's fifty day moving average price is $66.07 and its 200-day moving average price is $76.61. The firm has a market cap of $2.23 billion, a PE ratio of 35.34 and a beta of 0.51.

Insperity (NYSE:NSP - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The business services provider reported $1.57 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.01 by ($0.44). Insperity had a return on equity of 52.17% and a net margin of 0.95%. The business had revenue of $310.00 million for the quarter, compared to analyst estimates of $1.87 billion. During the same quarter last year, the firm posted $2.27 EPS. The company's revenue was up 3.4% compared to the same quarter last year. On average, research 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. Stockholders of record on Friday, June 6th were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 4.04%. The ex-dividend date was Friday, June 6th. Insperity's dividend payout ratio is presently 142.86%.

Insider Transactions at Insperity

In other news, CEO Paul J. Sarvadi sold 14,203 shares of the business's stock in a transaction on Monday, May 5th. The stock was sold at an average price of $65.26, for a total transaction of $926,887.78. Following the sale, the chief executive officer now directly owns 458,589 shares of the company's stock, valued at $29,927,518.14. The trade was a 3.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 5.29% of the company's stock.

Insperity 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.