Insperity, Inc. (NYSE:NSP) Holdings Raised by Jacobs Levy Equity Management Inc.

Jacobs Levy Equity Management Inc. grew its stake in shares of Insperity, Inc. (NYSE:NSP - Free Report) by 6.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 502,326 shares of the business services provider's stock after purchasing an additional 28,623 shares during the quarter. Jacobs Levy Equity Management Inc. owned approximately 1.34% of Insperity worth $38,935,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Mawer Investment Management Ltd. grew its holdings in shares of Insperity by 0.5% during the fourth quarter. Mawer Investment Management Ltd. now owns 5,217,635 shares of the business services provider's stock valued at $404,419,000 after purchasing an additional 27,599 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Insperity by 4.4% during the fourth quarter. Vanguard Group Inc. now owns 4,008,334 shares of the business services provider's stock valued at $310,686,000 after purchasing an additional 167,560 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Insperity by 5.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,332,056 shares of the business services provider's stock worth $103,248,000 after buying an additional 71,288 shares during the period. Earnest Partners LLC boosted its position in shares of Insperity by 3.7% during the fourth quarter. Earnest Partners LLC now owns 1,326,767 shares of the business services provider's stock worth $102,838,000 after buying an additional 47,730 shares during the period. Finally, Reinhart Partners LLC. boosted its position in shares of Insperity by 8.3% during the fourth quarter. Reinhart Partners LLC. now owns 1,171,843 shares of the business services provider's stock worth $90,830,000 after buying an additional 89,809 shares during the period. 93.44% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have recently issued reports on NSP. Truist Financial reduced their price objective on Insperity from $82.00 to $70.00 and set a "hold" rating for the company in a research report on Wednesday, April 30th. StockNews.com downgraded Insperity from a "buy" rating to a "hold" rating in a research 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. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $89.67.

Insperity Stock Performance

Shares of NYSE NSP traded up $0.73 during midday trading on Friday, hitting $71.70. 422,392 shares of the company's stock were exchanged, compared to its average volume of 361,051. 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 stock's 50 day moving average price is $79.79 and its 200-day moving average price is $79.86. The firm has a market cap of $2.70 billion, a P/E ratio of 29.75 and a beta of 0.55. Insperity, Inc. has a twelve month low of $61.54 and a twelve month high of $105.01.

Insperity (NYSE:NSP - Get Free Report) last released its earnings results on Tuesday, April 29th. The business services provider reported $1.57 earnings per share 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 analyst estimates of $1.87 billion. Insperity had a return on equity of 72.22% and a net margin of 1.38%. The business's revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter last year, the company earned $2.27 earnings per share. Equities research analysts anticipate that Insperity, Inc. will post 2.33 EPS for the current year.

Insperity Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were given a $0.60 dividend. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $2.40 dividend on an annualized basis and a yield of 3.35%. Insperity's dividend payout ratio (DPR) is 142.86%.

Insiders Place Their Bets

In other Insperity news, CEO Paul J. Sarvadi sold 14,203 shares of the company's stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of $65.26, for a total value of $926,887.78. Following the completion of the sale, the chief executive officer now directly owns 458,589 shares in the company, valued at $29,927,518.14. This represents a 3.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 5.29% of the stock is currently owned by 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.