Insperity, Inc. (NYSE:NSP) Receives $95.67 Consensus Target Price from Analysts

Insperity, Inc. (NYSE:NSP) has earned a consensus rating of “Reduce” from the four research firms that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation and three have issued a hold recommendation on the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $95.67.

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

Hedge Funds Weigh In On Insperity

Institutional investors have recently added to or reduced their stakes in the stock. Wilmington Savings Fund Society FSB purchased a new position in Insperity in the third quarter valued at about $32,000. Millburn Ridgefield Corp bought a new stake in shares of Insperity in the 3rd quarter worth approximately $53,000. UMB Bank n.a. raised its holdings in shares of Insperity by 45.9% in the 4th quarter. UMB Bank n.a. now owns 849 shares of the business services provider’s stock worth $66,000 after purchasing an additional 267 shares during the period. KBC Group NV lifted its stake in Insperity by 26.4% in the third quarter. KBC Group NV now owns 1,034 shares of the business services provider’s stock valued at $91,000 after purchasing an additional 216 shares during the last quarter. Finally, Quarry LP grew its holdings in Insperity by 205.6% during the second quarter. Quarry LP now owns 1,088 shares of the business services provider’s stock valued at $99,000 after purchasing an additional 732 shares during the period. Institutional investors own 93.44% of the company’s stock.

Insperity Trading Down 2.5 %

NYSE:NSP opened at $76.78 on Wednesday. Insperity has a one year low of $71.69 and a one year high of $117.48. The company has a market cap of $2.87 billion, a PE ratio of 24.37 and a beta of 1.14. 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 firm has a 50-day moving average of $77.97 and a 200-day moving average of $85.80.

Insperity Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Tuesday, December 10th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.13%. The ex-dividend date was Tuesday, December 10th. Insperity’s payout ratio is 76.19%.

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.