Insperity, Inc. (NYSE:NSP) Shares Acquired by Reinhart Partners LLC.

Reinhart Partners LLC. increased its position in Insperity, Inc. (NYSE:NSP) by 8.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,171,843 shares of the business services provider’s stock after buying an additional 89,809 shares during the period. Insperity comprises 3.5% of Reinhart Partners LLC.’s portfolio, making the stock its 5th largest holding. Reinhart Partners LLC.’s holdings in Insperity were worth $90,830,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. Wilmington Savings Fund Society FSB purchased a new stake in Insperity during the third quarter worth approximately $32,000. Millburn Ridgefield Corp purchased a new stake in Insperity during the third quarter worth approximately $53,000. KBC Group NV lifted its position in shares of Insperity by 26.4% during the third quarter. KBC Group NV now owns 1,034 shares of the business services provider’s stock worth $91,000 after purchasing an additional 216 shares in the last quarter. Quarry LP lifted its position in shares of Insperity by 205.6% during the second quarter. Quarry LP now owns 1,088 shares of the business services provider’s stock worth $99,000 after purchasing an additional 732 shares in the last quarter. Finally, Covestor Ltd lifted its position in shares of Insperity by 21.7% during the third quarter. Covestor Ltd now owns 1,156 shares of the business services provider’s stock worth $102,000 after purchasing an additional 206 shares in the last quarter. 93.44% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

NSP has been the topic of a number of recent research reports. JPMorgan Chase & Co. initiated coverage on shares of Insperity in a research report on Tuesday, October 22nd. They set an “underweight” rating and a $90.00 target price on the stock. StockNews.com cut shares of Insperity from a “buy” rating to a “hold” rating in a research report on Monday, November 4th. Truist Financial reduced their target price on shares of Insperity from $95.00 to $88.00 and set a “hold” rating on the stock in a research report on Friday, November 1st. Finally, William Blair cut shares of Insperity from an “outperform” rating to a “market perform” rating in a report on Tuesday, September 24th. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $95.67.

Insperity Stock Up 2.2 %

NSP traded up $1.69 during trading on Monday, hitting $77.02. The company had a trading volume of 165,250 shares, compared to its average volume of 311,096. The company has a market cap of $2.88 billion, a PE ratio of 24.45 and a beta of 1.14. Insperity, Inc. has a 1-year low of $71.69 and a 1-year high of $117.50. The business has a 50-day moving average of $78.16 and a 200-day moving average of $86.21. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.16 and a quick ratio of 1.16.

Insperity Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Tuesday, December 10th were given a $0.60 dividend. The ex-dividend date was Tuesday, December 10th. This represents a $2.40 dividend on an annualized basis and a yield of 3.12%. Insperity’s dividend payout ratio is presently 76.19%.

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.