Value Holdings Management CO. LLC Acquires 9,600 Shares of Insperity, Inc. (NYSE:NSP)

Value Holdings Management CO. LLC lifted its stake in shares of Insperity, Inc. (NYSE:NSP - Free Report) by 4.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 237,798 shares of the business services provider's stock after buying an additional 9,600 shares during the quarter. Insperity makes up about 3.2% of Value Holdings Management CO. LLC's investment portfolio, making the stock its 13th largest holding. Value Holdings Management CO. LLC owned approximately 0.64% of Insperity worth $18,432,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Earnest Partners LLC raised its holdings in shares of Insperity by 2.5% in the 2nd quarter. Earnest Partners LLC now owns 1,323,680 shares of the business services provider's stock worth $120,733,000 after purchasing an additional 32,542 shares in the last quarter. State Street Corp lifted its position in shares of Insperity by 0.9% during the 3rd quarter. State Street Corp now owns 1,287,058 shares of the business services provider's stock valued at $113,261,000 after acquiring an additional 11,123 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Insperity by 4.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,260,768 shares of the business services provider's stock worth $110,948,000 after acquiring an additional 59,216 shares in the last quarter. Reinhart Partners LLC. grew its holdings in shares of Insperity by 8.3% in the 4th quarter. Reinhart Partners LLC. now owns 1,171,843 shares of the business services provider's stock worth $90,830,000 after acquiring an additional 89,809 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in shares of Insperity by 16.7% during the third quarter. Geode Capital Management LLC now owns 968,634 shares of the business services provider's stock worth $85,254,000 after purchasing an additional 138,837 shares during the period. 93.44% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on NSP shares. StockNews.com lowered shares of Insperity from a "buy" rating to a "hold" rating in a research note on Monday, November 4th. JPMorgan Chase & Co. initiated coverage on Insperity in a research note on Tuesday, October 22nd. They issued an "underweight" rating and a $90.00 price objective for the company. William Blair cut Insperity from an "outperform" rating to a "market perform" rating in a research note on Tuesday, September 24th. Finally, Truist Financial decreased their target price on shares of Insperity from $95.00 to $88.00 and set a "hold" rating for the company in a research note on Friday, November 1st. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $95.67.

Insperity Stock Performance

Shares of NSP stock traded down $1.98 during trading on Friday, reaching $76.78. The company had a trading volume of 420,131 shares, compared to its average volume of 367,111. Insperity, Inc. has a one year low of $71.69 and a one year high of $117.48. The firm's 50 day simple moving average is $77.97 and its two-hundred day simple moving average is $85.77. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.16 and a quick ratio of 1.16. The company has a market capitalization of $2.87 billion, a PE ratio of 24.37 and a beta of 1.14.

Insperity Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Tuesday, December 10th were issued 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 (DPR) is currently 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.