Voya Investment Management LLC Increases Position in Insperity, Inc. (NYSE:NSP)

Voya Investment Management LLC boosted its position in shares of Insperity, Inc. (NYSE:NSP - Free Report) by 23.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 66,410 shares of the business services provider's stock after purchasing an additional 12,537 shares during the period. Voya Investment Management LLC owned about 0.18% of Insperity worth $5,147,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Jones Financial Companies Lllp boosted its stake in shares of Insperity by 493.2% during the 4th quarter. Jones Financial Companies Lllp now owns 350 shares of the business services provider's stock worth $27,000 after buying an additional 291 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Insperity in the third quarter valued at $32,000. UMB Bank n.a. increased its holdings in Insperity by 45.9% during the fourth quarter. UMB Bank n.a. now owns 849 shares of the business services provider's stock worth $66,000 after buying an additional 267 shares during the last quarter. New Age Alpha Advisors LLC bought a new stake in Insperity during the fourth quarter worth $87,000. Finally, Covestor Ltd grew its position in shares of Insperity by 12.6% in the 4th quarter. Covestor Ltd now owns 1,302 shares of the business services provider's stock valued at $101,000 after acquiring an additional 146 shares during the period. Institutional investors and hedge funds own 93.44% of the company's stock.

Insperity Stock Up 0.6 %

NSP traded up $0.42 during trading on Tuesday, hitting $65.22. 136,341 shares of the company's stock were exchanged, compared to its average volume of 345,753. The stock has a market cap of $2.45 billion, a P/E ratio of 27.07 and a beta of 0.67. The business's 50 day moving average is $83.40 and its two-hundred day moving average is $80.80. Insperity, Inc. has a fifty-two week low of $61.54 and a fifty-two week high of $106.69. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 3.80.

Insperity (NYSE:NSP - Get Free Report) last issued its quarterly 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). Insperity had a net margin of 1.38% and a return on equity of 72.22%. The business had revenue of $310.00 million for the quarter, compared to analysts' expectations of $1.87 billion. During the same period in the previous year, the business posted $2.27 earnings per share. The business's revenue was up 3.4% compared to the same quarter last year. As a group, equities analysts expect that Insperity, Inc. will post 2.33 earnings per share for the current fiscal year.

Insperity Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were given a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 3.68%. The ex-dividend date of this dividend was Thursday, March 13th. Insperity's dividend payout ratio is 142.86%.

Insider Activity

In other news, Director Ellen H. Masterson acquired 1,755 shares of the business's stock in a transaction dated Wednesday, February 12th. The stock was bought at an average cost of $85.75 per share, for a total transaction of $150,491.25. Following the completion of the transaction, the director now owns 16,612 shares of the company's stock, valued at $1,424,479. The trade was a 11.81 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Paul J. Sarvadi sold 25,000 shares of the company's stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $84.32, for a total transaction of $2,108,000.00. Following the completion of the transaction, the chief executive officer now owns 436,584 shares of the company's stock, valued at $36,812,762.88. This trade represents a 5.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 5.50% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on NSP shares. StockNews.com downgraded shares of Insperity from a "buy" rating to a "hold" rating in a research report on Wednesday, April 30th. Truist Financial decreased their price objective on Insperity from $82.00 to $70.00 and set a "hold" rating on the stock in a report on Wednesday, April 30th. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $89.67.

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.