Insperity (NYSE:NSP) Stock Rating Reaffirmed by William Blair

William Blair reiterated their outperform rating on shares of Insperity (NYSE:NSPFree Report) in a report issued on Friday, RTT News reports.

Several other brokerages have also recently issued reports on NSP. StockNews.com upgraded shares of Insperity from a hold rating to a buy rating in a research report on Thursday, May 9th. Robert W. Baird upped their price objective on shares of Insperity from $105.00 to $109.00 and gave the stock a neutral rating in a report on Friday. Finally, TheStreet cut shares of Insperity from a b rating to a c+ rating in a report on Monday, February 12th. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, Insperity has a consensus rating of Moderate Buy and an average target price of $109.50.

View Our Latest Research Report on Insperity

Insperity Price Performance

Shares of NYSE NSP opened at $104.55 on Friday. Insperity has a 1 year low of $90.80 and a 1 year high of $128.91. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.15 and a quick ratio of 1.15. The company’s 50-day moving average is $104.84 and its 200 day moving average is $108.45. The stock has a market capitalization of $3.94 billion, a P/E ratio of 25.49, a P/E/G ratio of 2.98 and a beta of 1.16.

Insperity Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 21st. Shareholders of record on Thursday, March 7th were issued a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 2.18%. The ex-dividend date was Wednesday, March 6th. Insperity’s dividend payout ratio (DPR) is presently 55.75%.

Insider Activity

In other news, CFO Douglas S. Sharp sold 5,212 shares of the stock in a transaction that occurred on Wednesday, May 8th. The shares were sold at an average price of $104.47, for a total transaction of $544,497.64. Following the sale, the chief financial officer now owns 28,516 shares in the company, valued at $2,979,066.52. The transaction was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 5.50% of the company’s stock.

Institutional Investors Weigh In On Insperity

A number of institutional investors have recently made changes to their positions in the company. Principal Securities Inc. bought a new position in Insperity during the fourth quarter valued at approximately $32,000. GAMMA Investing LLC bought a new position in Insperity in the fourth quarter worth approximately $34,000. C M Bidwell & Associates Ltd. bought a new position in Insperity in the fourth quarter worth approximately $34,000. Trivant Custom Portfolio Group LLC bought a new position in Insperity in the third quarter worth approximately $44,000. Finally, SRS Capital Advisors Inc. raised its position in Insperity by 387.0% in the fourth quarter. SRS Capital Advisors Inc. now owns 375 shares of the business services provider’s stock worth $44,000 after acquiring an additional 298 shares during the period. Hedge funds and other institutional investors own 93.44% of the company’s stock.

About Insperity

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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.

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