UMB Bank n.a. Increases Stake in Insperity, Inc. (NYSE:NSP)

UMB Bank n.a. grew its holdings in shares of Insperity, Inc. (NYSE:NSP) by 37.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,168 shares of the business services provider’s stock after purchasing an additional 319 shares during the quarter. UMB Bank n.a.’s holdings in Insperity were worth $104,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Jones Financial Companies Lllp boosted its position in Insperity by 493.2% during the fourth quarter. Jones Financial Companies Lllp now owns 350 shares of the business services provider’s stock worth $27,000 after acquiring an additional 291 shares during the last quarter. New Age Alpha Advisors LLC purchased a new position in Insperity in the 4th quarter worth approximately $87,000. Covestor Ltd boosted its holdings in shares of Insperity by 12.6% during the 4th quarter. Covestor Ltd now owns 1,302 shares of the business services provider’s stock worth $101,000 after purchasing an additional 146 shares during the last quarter. Assetmark Inc. grew its position in shares of Insperity by 11.6% in the fourth quarter. Assetmark Inc. now owns 2,032 shares of the business services provider’s stock valued at $158,000 after purchasing an additional 211 shares in the last quarter. Finally, US Bancorp DE increased its holdings in shares of Insperity by 36.7% in the fourth quarter. US Bancorp DE now owns 2,150 shares of the business services provider’s stock valued at $167,000 after purchasing an additional 577 shares during the last quarter. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Insider Activity at Insperity

In other Insperity news, CEO Paul J. Sarvadi sold 14,203 shares of Insperity 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 sale, the chief executive officer now owns 458,589 shares of the company’s stock, valued at approximately $29,927,518.14. The trade was a 3.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 5.29% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Wall Street Zen cut shares of Insperity from a “buy” rating to a “hold” rating in a research report on Wednesday, April 30th. Truist Financial dropped their price target on shares of Insperity from $82.00 to $70.00 and set a “hold” rating for the company in a research note on Wednesday, April 30th.

Insperity Trading Up 0.0%

Shares of NYSE:NSP opened at $61.31 on Friday. Insperity, Inc. has a 52 week low of $59.63 and a 52 week high of $104.90. The company’s 50 day moving average is $70.95 and its two-hundred day moving average is $78.27. The company has a market cap of $2.31 billion, a PE ratio of 25.44 and a beta of 0.51. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 3.80.

Insperity (NYSE:NSP) last posted its 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 company had revenue of $310.00 million during the quarter, compared to analysts’ expectations of $1.87 billion. During the same period last year, the business earned $2.27 earnings per share. The company’s quarterly revenue was up 3.4% on a year-over-year basis. Equities analysts predict that Insperity, Inc. will post 2.33 earnings per share for the current fiscal year.

Insperity Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 20th. Shareholders of record on Friday, June 6th will be paid a $0.60 dividend. The ex-dividend date is Friday, June 6th. This represents a $2.40 dividend on an annualized basis and a yield of 3.91%. Insperity’s dividend payout ratio is presently 142.86%.

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.