Insperity, Inc. (NYSE:NSP) Given Consensus Rating of “Hold” by Brokerages

Shares of Insperity, Inc. (NYSE:NSP) have received an average recommendation of “Hold” from the three research firms that are presently covering the company, MarketBeat reports. Two research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is $109.50.

NSP has been the topic of a number of recent research reports. StockNews.com raised Insperity from a “hold” rating to a “buy” rating in a report on Thursday, May 9th. Robert W. Baird boosted their target price on Insperity from $105.00 to $109.00 and gave the company a “neutral” rating in a report on Friday, May 17th. Finally, William Blair reissued an “outperform” rating on shares of Insperity in a report on Friday, May 17th.

Insperity Price Performance

NSP stock opened at $92.87 on Tuesday. The business has a 50 day moving average price of $102.21 and a 200 day moving average price of $106.60. The stock has a market cap of $3.50 billion, a price-to-earnings ratio of 22.71, a PEG ratio of 2.55 and a beta of 1.14. Insperity has a fifty-two week low of $90.80 and a fifty-two week high of $123.21. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 2.64.

Insperity (NYSE:NSP) last released its quarterly earnings results on Wednesday, May 1st. The business services provider reported $2.08 EPS for the quarter, topping the consensus estimate of $1.84 by $0.24. The company had revenue of $1.80 billion for the quarter, compared to analyst estimates of $1.81 billion. Insperity had a return on equity of 137.14% and a net margin of 2.39%. Equities research analysts anticipate that Insperity will post 2.43 earnings per share for the current fiscal year.

Insperity Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 21st. Shareholders of record on Friday, June 7th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 2.58%. This is an increase from Insperity’s previous quarterly dividend of $0.57. The ex-dividend date of this dividend is Friday, June 7th. Insperity’s payout ratio is presently 58.68%.

Insider Activity

In related news, Director John M. Morphy sold 3,300 shares of the company’s stock in a transaction on Thursday, May 23rd. The stock was sold at an average price of $102.42, for a total value of $337,986.00. Following the completion of the transaction, the director now directly owns 7,633 shares in the company, valued at $781,771.86. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, Director John M. Morphy sold 3,300 shares of the stock in a transaction dated Thursday, May 23rd. The stock was sold at an average price of $102.42, for a total value of $337,986.00. Following the completion of the sale, the director now owns 7,633 shares in the company, valued at $781,771.86. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Douglas S. Sharp sold 5,212 shares of the stock in a transaction dated Wednesday, May 8th. The shares were sold at an average price of $104.47, for a total value of $544,497.64. Following the completion of the sale, the chief financial officer now owns 28,516 shares of the company’s stock, valued at approximately $2,979,066.52. The disclosure for this sale can be found here. Insiders have sold 20,695 shares of company stock worth $2,044,864 over the last three months. 5.50% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of NSP. Mawer Investment Management Ltd. raised its position in shares of Insperity by 18.5% during the 1st quarter. Mawer Investment Management Ltd. now owns 4,991,238 shares of the business services provider’s stock worth $547,090,000 after purchasing an additional 780,917 shares during the period. Vanguard Group Inc. increased its position in shares of Insperity by 4.9% during the 1st quarter. Vanguard Group Inc. now owns 3,911,104 shares of the business services provider’s stock valued at $428,696,000 after purchasing an additional 182,773 shares during the period. Earnest Partners LLC boosted its stake in shares of Insperity by 4.9% during the 1st quarter. Earnest Partners LLC now owns 1,291,138 shares of the business services provider’s stock worth $141,522,000 after acquiring an additional 60,852 shares in the last quarter. Reinhart Partners LLC. boosted its stake in shares of Insperity by 1.4% during the 1st quarter. Reinhart Partners LLC. now owns 894,972 shares of the business services provider’s stock worth $98,098,000 after acquiring an additional 12,351 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Insperity by 2.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 702,844 shares of the business services provider’s stock worth $82,386,000 after acquiring an additional 19,096 shares in the last quarter. Institutional investors own 93.44% of the company’s stock.

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.