Value Holdings Management CO. LLC Raises Stock Holdings in Insperity, Inc. (NYSE:NSP)

Value Holdings Management CO. LLC boosted its position in Insperity, Inc. (NYSE:NSP) by 4.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 237,798 shares of the business services provider’s stock after purchasing an additional 9,600 shares during the quarter. Insperity makes up approximately 3.2% of Value Holdings Management CO. LLC’s investment portfolio, making the stock its 13th largest holding. Value Holdings Management CO. LLC owned about 0.64% of Insperity worth $18,432,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Assenagon Asset Management S.A. acquired a new position in Insperity during the 4th quarter valued at approximately $485,000. Reinhart Partners LLC. raised its position in Insperity by 8.3% during the 4th 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 last quarter. Harbor Capital Advisors Inc. lifted its stake in Insperity by 8.5% during the 4th quarter. Harbor Capital Advisors Inc. now owns 114,924 shares of the business services provider’s stock valued at $8,908,000 after acquiring an additional 8,972 shares during the period. Nordea Investment Management AB increased its stake in shares of Insperity by 4.6% in the fourth quarter. Nordea Investment Management AB now owns 109,888 shares of the business services provider’s stock worth $8,623,000 after acquiring an additional 4,791 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in shares of Insperity by 16.5% during the third quarter. JPMorgan Chase & Co. now owns 150,669 shares of the business services provider’s stock worth $13,259,000 after purchasing an additional 21,325 shares during the last quarter. 93.44% of the stock is owned by hedge funds and other institutional investors.

Insperity Trading Down 2.5 %

NYSE:NSP traded down $1.98 on Friday, reaching $76.78. The company’s stock had a trading volume of 420,131 shares, compared to its average volume of 367,111. Insperity, Inc. has a 12-month low of $71.69 and a 12-month high of $117.48. The stock has a 50 day moving average price of $77.97 and a 200 day moving average price of $85.80. The firm has a market cap of $2.87 billion, a price-to-earnings ratio of 24.37 and a beta of 1.14. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 2.95.

Insperity Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Tuesday, December 10th were given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 3.13%. The ex-dividend date of this dividend was Tuesday, December 10th. Insperity’s dividend payout ratio is currently 76.19%.

Analysts Set New Price Targets

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

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.