Copeland Capital Management LLC Reduces Stock Position in Insperity, Inc. (NYSE:NSP)

Copeland Capital Management LLC decreased its holdings in shares of Insperity, Inc. (NYSE:NSP - Free Report) by 4.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 449,617 shares of the business services provider's stock after selling 21,400 shares during the quarter. Copeland Capital Management LLC owned 1.20% of Insperity worth $34,850,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. KBC Group NV grew its position in Insperity by 87.5% during the 4th quarter. KBC Group NV now owns 1,939 shares of the business services provider's stock worth $150,000 after acquiring an additional 905 shares during the last quarter. Inspire Investing LLC grew its holdings in shares of Insperity by 10.9% during the fourth quarter. Inspire Investing LLC now owns 5,169 shares of the business services provider's stock worth $401,000 after purchasing an additional 509 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in shares of Insperity by 38.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 12,304 shares of the business services provider's stock valued at $954,000 after buying an additional 3,420 shares during the period. UMB Bank n.a. raised its holdings in Insperity by 45.9% in the 4th quarter. UMB Bank n.a. now owns 849 shares of the business services provider's stock valued at $66,000 after buying an additional 267 shares during the last quarter. Finally, Value Holdings Management CO. LLC boosted its position in Insperity by 4.2% during the 4th quarter. Value Holdings Management CO. LLC now owns 237,798 shares of the business services provider's stock worth $18,432,000 after buying an additional 9,600 shares during the period. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently issued reports on NSP. 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 target for the company. Truist Financial decreased their target price on Insperity from $95.00 to $88.00 and set a "hold" rating for the company in a research note on Friday, November 1st. Finally, StockNews.com lowered shares of Insperity from a "buy" rating to a "hold" rating in a research note on Monday, November 4th. One investment analyst has rated the stock with a sell rating and four have assigned a hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $95.67.

Insperity Stock Performance

NSP stock traded down $0.53 during midday trading on Wednesday, reaching $75.02. 157,649 shares of the company's stock traded hands, compared to its average volume of 340,137. The firm has a market capitalization of $2.80 billion, a PE ratio of 23.85 and a beta of 1.13. The company has a 50-day moving average price of $78.41 and a two-hundred day moving average price of $84.41. Insperity, Inc. has a 52 week low of $71.69 and a 52 week high of $114.29. The company has a debt-to-equity ratio of 2.95, a quick ratio of 1.16 and a current ratio of 1.16.

Insperity Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Tuesday, December 10th were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.20%. The ex-dividend date was Tuesday, December 10th. Insperity's payout ratio is 76.19%.

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.