Fifth Third Bancorp Lowers Position in Insperity, Inc. $NSP

Fifth Third Bancorp lessened its stake in Insperity, Inc. (NYSE:NSP) by 5.2% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,123 shares of the business services provider’s stock after selling 718 shares during the quarter. Fifth Third Bancorp’s holdings in Insperity were worth $789,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of NSP. Two Sigma Investments LP purchased a new position in shares of Insperity in the fourth quarter worth $446,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Insperity by 22.8% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 81,755 shares of the business services provider’s stock worth $6,337,000 after buying an additional 15,167 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Insperity by 9.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,911 shares of the business services provider’s stock worth $226,000 after buying an additional 251 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of Insperity by 55,588.0% in the first quarter. GAMMA Investing LLC now owns 138,663 shares of the business services provider’s stock worth $123,730,000 after buying an additional 138,414 shares in the last quarter. Finally, Rhumbline Advisers lifted its holdings in shares of Insperity by 0.7% in the first quarter. Rhumbline Advisers now owns 120,586 shares of the business services provider’s stock worth $10,760,000 after buying an additional 896 shares in the last quarter. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Insperity Trading Up 0.2%

NSP stock opened at $49.40 on Monday. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 3.29. Insperity, Inc. has a twelve month low of $44.14 and a twelve month high of $95.98. The stock has a market capitalization of $1.86 billion, a price-to-earnings ratio of 46.60 and a beta of 0.48. The firm’s fifty day simple moving average is $53.75 and its two-hundred day simple moving average is $64.94.

Insperity (NYSE:NSP) last posted its quarterly earnings data on Friday, August 1st. The business services provider reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.15). Insperity had a net margin of 0.60% and a return on equity of 35.32%. The firm had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.66 billion. During the same quarter last year, the firm earned $0.86 EPS. The company’s revenue was up 3.3% on a year-over-year basis. Insperity has set its FY 2025 guidance at 1.810-2.51 EPS. Q3 2025 guidance at 0.060-0.49 EPS. As a group, analysts anticipate that Insperity, Inc. will post 2.33 earnings per share for the current year.

Insperity Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Thursday, September 4th were issued a $0.60 dividend. The ex-dividend date was Thursday, September 4th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 4.9%. Insperity’s dividend payout ratio is presently 226.42%.

Analysts Set New Price Targets

NSP has been the topic of several research reports. Wall Street Zen upgraded shares of Insperity from a “sell” rating to a “hold” rating in a research report on Saturday, September 13th. JPMorgan Chase & Co. reduced their price target on shares of Insperity from $68.00 to $51.00 and set an “underweight” rating on the stock in a research report on Monday, August 4th. Roth Capital reduced their price target on shares of Insperity from $85.00 to $74.00 and set a “buy” rating on the stock in a research report on Monday, August 4th. Finally, Truist Financial reduced their price target on shares of Insperity from $70.00 to $50.00 and set a “hold” rating on the stock in a research report on Monday, August 4th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $58.33.

Insider Transactions at Insperity

In related news, Director Carol R. Kaufman purchased 5,000 shares of the business’s stock in a transaction dated Monday, August 4th. The shares were purchased at an average cost of $45.24 per share, for a total transaction of $226,200.00. Following the completion of the acquisition, the director owned 47,067 shares in the company, valued at approximately $2,129,311.08. This trade represents a 11.89% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director John L. Lumelleau purchased 5,500 shares of the business’s stock in a transaction dated Monday, August 4th. The stock was bought at an average price of $45.36 per share, for a total transaction of $249,480.00. Following the completion of the acquisition, the director owned 5,500 shares of the company’s stock, valued at approximately $249,480. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders purchased 20,194 shares of company stock valued at $925,981. Company insiders own 5.50% of the company’s stock.

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.