Insperity (NYSE:NSP) Hits New 1-Year Low at $90.73

Insperity, Inc. (NYSE:NSP)’s stock price hit a new 52-week low on Friday . The company traded as low as $90.73 and last traded at $90.74, with a volume of 47386 shares. The stock had previously closed at $91.42.

Wall Street Analysts Forecast Growth

NSP has been the topic of a number of research reports. William Blair reissued an “outperform” rating on shares of Insperity in a report on Friday, May 17th. StockNews.com raised shares of Insperity from a “hold” rating to a “buy” rating in a report on Thursday, May 9th. Finally, Robert W. Baird increased their target price on shares of Insperity from $105.00 to $109.00 and gave the stock a “neutral” rating in a report on Friday, May 17th. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $109.50.

Insperity Stock Performance

The company has a debt-to-equity ratio of 2.64, a quick ratio of 1.15 and a current ratio of 1.15. The stock’s fifty day moving average is $99.54 and its two-hundred day moving average is $105.01. The firm has a market cap of $3.43 billion, a price-to-earnings ratio of 22.30, a PEG ratio of 2.51 and a beta of 1.14.

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

Insperity Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 21st. Investors of record on Friday, June 7th were given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 2.63%. The ex-dividend date of this dividend was Friday, June 7th. This is a positive change from Insperity’s previous quarterly dividend of $0.57. Insperity’s dividend payout ratio is currently 58.68%.

Insider Activity at Insperity

In related news, CEO Paul J. Sarvadi sold 12,183 shares of the stock in a transaction dated Thursday, May 30th. The shares were sold at an average price of $95.41, for a total value of $1,162,380.03. Following the completion of the transaction, the chief executive officer now owns 525,252 shares in the company, valued at approximately $50,114,293.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In related news, Director John M. Morphy sold 3,300 shares of the stock in a transaction dated Thursday, May 23rd. The shares were 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 owns 7,633 shares in the company, valued at approximately $781,771.86. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Paul J. Sarvadi sold 12,183 shares of the stock in a transaction dated Thursday, May 30th. The shares were sold at an average price of $95.41, for a total transaction of $1,162,380.03. Following the completion of the transaction, the chief executive officer now owns 525,252 shares of the company’s stock, valued at approximately $50,114,293.32. The disclosure for this sale can be found here. Insiders sold 20,695 shares of company stock worth $2,044,864 in the last 90 days. Corporate insiders own 5.50% of the company’s stock.

Hedge Funds Weigh In On Insperity

Large investors have recently made changes to their positions in the business. Principal Securities Inc. bought a new position in shares of Insperity during the 4th quarter valued at about $32,000. C M Bidwell & Associates Ltd. bought a new position in shares of Insperity during the 4th quarter valued at about $34,000. GAMMA Investing LLC bought a new position in shares of Insperity during the 4th quarter valued at about $34,000. SRS Capital Advisors Inc. boosted its holdings in shares of 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 buying an additional 298 shares during the period. Finally, Hexagon Capital Partners LLC boosted its holdings in shares of Insperity by 1,600.0% in the fourth quarter. Hexagon Capital Partners LLC now owns 391 shares of the business services provider’s stock worth $46,000 after buying an additional 368 shares during the period. Institutional investors own 93.44% of the company’s stock.

About Insperity

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.