Nomura Holdings Inc. Purchases New Position in Insperity, Inc. (NYSE:NSP)

Nomura Holdings Inc. bought a new stake in shares of Insperity, Inc. (NYSE:NSP - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,703 shares of the business services provider's stock, valued at approximately $365,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Millennium Management LLC grew its holdings in Insperity by 28.4% in the 4th quarter. Millennium Management LLC now owns 51,097 shares of the business services provider's stock worth $3,961,000 after acquiring an additional 11,289 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Insperity by 4.0% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,436 shares of the business services provider's stock worth $1,584,000 after purchasing an additional 795 shares during the period. LRI Investments LLC grew its stake in shares of Insperity by 624.4% in the fourth quarter. LRI Investments LLC now owns 2,883 shares of the business services provider's stock worth $223,000 after purchasing an additional 2,485 shares during the last quarter. Jacobs Levy Equity Management Inc. grew its stake in shares of Insperity by 6.0% in the fourth quarter. Jacobs Levy Equity Management Inc. now owns 502,326 shares of the business services provider's stock worth $38,935,000 after purchasing an additional 28,623 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. increased its holdings in Insperity by 7.9% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 81,398 shares of the business services provider's stock valued at $6,309,000 after purchasing an additional 5,951 shares during the period. 93.44% of the stock is currently owned by institutional investors.

Insperity Stock Down 1.0%

NSP traded down $0.68 on Wednesday, hitting $64.49. The company had a trading volume of 63,260 shares, compared to its average volume of 368,239. The stock has a fifty day simple moving average of $76.81 and a 200-day simple moving average of $79.31. The company has a debt-to-equity ratio of 3.80, a current ratio of 1.08 and a quick ratio of 1.08. The firm has a market capitalization of $2.43 billion, a P/E ratio of 26.80 and a beta of 0.55. Insperity, Inc. has a 52-week low of $61.54 and a 52-week high of $104.90.

Insperity (NYSE:NSP - Get Free Report) last released its earnings results on Tuesday, April 29th. The business services provider reported $1.57 EPS for the quarter, missing analysts' consensus estimates of $2.01 by ($0.44). The firm had revenue of $310.00 million during the quarter, compared to analysts' expectations of $1.87 billion. Insperity had a net margin of 1.38% and a return on equity of 72.22%. The company's revenue for the quarter was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.27 EPS. As a group, equities analysts expect that Insperity, Inc. will post 2.33 EPS for the current fiscal year.

Insperity Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 20th. Stockholders of record on Friday, June 6th will be given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.72%. The ex-dividend date of this dividend is Friday, June 6th. Insperity's dividend payout ratio is presently 142.86%.

Analysts Set New Price Targets

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

Insider Buying and Selling

In other Insperity news, CEO Paul J. Sarvadi sold 14,203 shares of the company's stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $65.26, for a total value of $926,887.78. Following the sale, the chief executive officer now owns 458,589 shares in the company, valued at approximately $29,927,518.14. This represents a 3.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 5.50% of the stock is owned by company insiders.

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.