Federated Hermes Inc. Raises Holdings in Insperity, Inc. (NYSE:NSP)

Federated Hermes Inc. lifted its position in shares of Insperity, Inc. (NYSE:NSP) by 20.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,414 shares of the business services provider’s stock after purchasing an additional 757 shares during the period. Federated Hermes Inc.’s holdings in Insperity were worth $517,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Earnest Partners LLC grew its stake in Insperity by 24.7% during the 3rd quarter. Earnest Partners LLC now owns 1,045,622 shares of the business services provider’s stock worth $102,053,000 after buying an additional 207,283 shares during the last quarter. Reinhart Partners LLC. boosted its holdings in shares of Insperity by 6.0% in the fourth quarter. Reinhart Partners LLC. now owns 882,621 shares of the business services provider’s stock valued at $103,461,000 after acquiring an additional 49,576 shares during the period. Sei Investments Co. grew its position in shares of Insperity by 24.7% during the third quarter. Sei Investments Co. now owns 466,685 shares of the business services provider’s stock worth $45,549,000 after acquiring an additional 92,401 shares during the last quarter. Jacobs Levy Equity Management Inc. grew its position in shares of Insperity by 0.5% during the third quarter. Jacobs Levy Equity Management Inc. now owns 376,858 shares of the business services provider’s stock worth $36,781,000 after acquiring an additional 1,999 shares during the last quarter. Finally, FMR LLC increased its holdings in shares of Insperity by 18.7% in the 3rd quarter. FMR LLC now owns 353,669 shares of the business services provider’s stock valued at $34,518,000 after acquiring an additional 55,620 shares during the period. 93.44% of the stock is owned by hedge funds and other institutional investors.

Insperity Price Performance

Shares of NYSE NSP opened at $102.88 on Friday. The stock has a fifty day moving average price of $103.92 and a 200 day moving average price of $107.96. Insperity, Inc. has a 1-year low of $90.80 and a 1-year high of $128.91. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.15 and a quick ratio of 1.11. The company has a market cap of $3.87 billion, a PE ratio of 25.15, a P/E/G ratio of 2.98 and a beta of 1.16.

Insperity (NYSE:NSP) last released its earnings results on Thursday, February 8th. The business services provider reported $0.46 EPS for the quarter, topping the consensus estimate of $0.38 by $0.08. Insperity had a net margin of 2.39% and a return on equity of 137.14%. The company had revenue of $1.58 billion during the quarter, compared to analysts’ expectations of $1.57 billion. Sell-side analysts forecast that Insperity, Inc. will post 2.34 EPS for the current year.

Insperity Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Shareholders of record on Thursday, March 7th were given a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 2.22%. The ex-dividend date was Wednesday, March 6th. Insperity’s payout ratio is 55.75%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on NSP shares. StockNews.com raised shares of Insperity from a “hold” rating to a “buy” rating in a research report on Wednesday. TheStreet downgraded shares of Insperity from a “b” rating to a “c+” rating in a research note on Monday, February 12th.

About Insperity

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.