Insperity, Inc. $NSP is Reinhart Partners LLC.'s 6th Largest Position

Key Points

• Reinhart Partners LLC increased its stake in Insperity, Inc. by 20.4% during Q2, owning approximately $107.43 million in the company, which makes up 3.7% of its total holdings.
• Insperity's stock recently reported a quarterly EPS of $0.26, missing forecasts by $0.15, and its revenue of $1.66 billion matched analyst estimates.
• The company announced a quarterly dividend of $0.60, with a yield of 4.6%, slated for distribution on September 18th, 2023.

Reinhart Partners LLC. grew its holdings in Insperity, Inc. (NYSE:NSP - Free Report) by 20.4% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,786,953 shares of the business services provider's stock after purchasing an additional 302,893 shares during the quarter. Insperity makes up 3.7% of Reinhart Partners LLC.'s portfolio, making the stock its 6th biggest position. Reinhart Partners LLC. owned 4.75% of Insperity worth $107,432,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of NSP. Charles Schwab Investment Management Inc. increased its position in Insperity by 5.9% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,410,944 shares of the business services provider's stock valued at $125,899,000 after buying an additional 78,888 shares in the last quarter. Earnest Partners LLC boosted its stake in Insperity by 3.3% in the 1st quarter. Earnest Partners LLC now owns 1,370,771 shares of the business services provider's stock worth $122,314,000 after purchasing an additional 44,004 shares in the last quarter. Sei Investments Co. boosted its stake in Insperity by 0.3% in the 1st quarter. Sei Investments Co. now owns 787,553 shares of the business services provider's stock worth $70,273,000 after purchasing an additional 2,419 shares in the last quarter. Jacobs Levy Equity Management Inc. boosted its stake in Insperity by 40.0% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 703,011 shares of the business services provider's stock worth $62,730,000 after purchasing an additional 200,685 shares in the last quarter. Finally, Northern Trust Corp lifted its stake in shares of Insperity by 0.4% during the first quarter. Northern Trust Corp now owns 521,655 shares of the business services provider's stock worth $46,547,000 after buying an additional 2,045 shares during the period. Institutional investors own 93.44% of the company's stock.

Insperity Price Performance

NYSE NSP traded down $1.16 during trading hours on Friday, reaching $50.33. The company's stock had a trading volume of 1,440,417 shares, compared to its average volume of 494,163. The firm has a market capitalization of $1.90 billion, a price-to-earnings ratio of 47.48 and a beta of 0.48. The company's 50-day moving average is $54.46 and its two-hundred day moving average is $66.60. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.12 and a quick ratio of 1.12. Insperity, Inc. has a 1-year low of $44.14 and a 1-year 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 business had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.66 billion. Insperity had a return on equity of 35.32% and a net margin of 0.60%.The company's quarterly revenue was up 3.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.86 earnings per share. Insperity has set its FY 2025 guidance at 1.810-2.51 EPS. Q3 2025 guidance at 0.060-0.49 EPS. On average, equities analysts predict that Insperity, Inc. will post 2.33 EPS for the current year.

Insperity Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Thursday, September 4th were issued 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 Thursday, September 4th. Insperity's payout ratio is presently 226.42%.

Insider Buying and Selling

In other news, Director Latha Ramchand purchased 1,000 shares of the business's stock in a transaction dated Wednesday, August 6th. The stock was acquired at an average price of $50.64 per share, for a total transaction of $50,640.00. Following the acquisition, the director directly owned 15,120 shares of the company's stock, valued at approximately $765,676.80. This represents a 7.08% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP James D. Allison bought 4,000 shares of the firm's stock in a transaction on Monday, August 4th. The stock was bought at an average cost of $46.82 per share, for a total transaction of $187,280.00. Following the transaction, the executive vice president directly owned 64,517 shares of the company's stock, valued at $3,020,685.94. The trade was 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 worth $925,981 in the last 90 days. 5.29% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on NSP shares. Roth Capital dropped their price objective on shares of Insperity from $85.00 to $74.00 and set a "buy" rating on the stock in a report on Monday, August 4th. Truist Financial reduced their price objective on Insperity from $70.00 to $50.00 and set a "hold" rating for the company in a research note on Monday, August 4th. JPMorgan Chase & Co. dropped their target price on Insperity from $68.00 to $51.00 and set an "underweight" rating on the stock in a research report on Monday, August 4th. Finally, Wall Street Zen raised shares of Insperity from a "sell" rating to a "hold" rating in a research report on Saturday, September 13th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $58.33.

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.