Analysts Set Insperity, Inc. (NYSE:NSP) Target Price at $95.67

Insperity, Inc. (NYSE:NSP) has earned an average rating of “Reduce” from the four analysts that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating and three have given a hold rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $95.67.

NSP has been the subject of several analyst reports. William Blair downgraded shares of Insperity from an “outperform” rating to a “market perform” rating in a research note on Tuesday, September 24th. StockNews.com downgraded Insperity from a “buy” rating to a “hold” rating in a report on Monday, November 4th. Truist Financial cut their target price on shares of Insperity from $95.00 to $88.00 and set a “hold” rating on the stock in a report on Friday, November 1st. Finally, JPMorgan Chase & Co. started coverage on shares of Insperity in a report on Tuesday, October 22nd. They set an “underweight” rating and a $90.00 price target for the company.

Insperity Stock Performance

Shares of NSP stock opened at $75.66 on Friday. The company’s fifty day simple moving average is $80.21 and its 200-day simple moving average is $87.90. The company has a market cap of $2.83 billion, a PE ratio of 24.02 and a beta of 1.15. Insperity has a 52 week low of $71.69 and a 52 week high of $119.02. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 2.95.

Insperity Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 24th. Investors of record on Tuesday, December 10th will be paid a dividend of $0.60 per share. The ex-dividend date is Tuesday, December 10th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.17%. Insperity’s dividend payout ratio is presently 76.19%.

Institutional Trading of Insperity

Several institutional investors have recently modified their holdings of the company. Mawer Investment Management Ltd. lifted its stake in Insperity by 4.0% during the second quarter. Mawer Investment Management Ltd. now owns 5,188,547 shares of the business services provider’s stock valued at $473,247,000 after buying an additional 197,309 shares in the last quarter. Earnest Partners LLC raised its position in Insperity by 2.5% during the second quarter. Earnest Partners LLC now owns 1,323,680 shares of the business services provider’s stock valued at $120,733,000 after acquiring an additional 32,542 shares in the last quarter. State Street Corp raised its holdings 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 purchasing an additional 11,123 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Insperity by 4.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,260,768 shares of the business services provider’s stock worth $110,948,000 after buying an additional 59,216 shares during the last quarter. Finally, Reinhart Partners LLC. lifted its holdings in Insperity by 6.7% in the 3rd quarter. Reinhart Partners LLC. now owns 1,082,034 shares of the business services provider’s stock worth $95,219,000 after purchasing an additional 68,160 shares during the last quarter. Institutional investors and hedge funds 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.