Insperity (NYSE:NSP) Raised to Buy at StockNews.com

StockNews.com upgraded shares of Insperity (NYSE:NSP) from a hold rating to a buy rating in a research note issued to investors on Wednesday.

Separately, TheStreet lowered shares of Insperity from a b rating to a c+ rating in a research report on Monday, February 12th.

Insperity Trading Up 1.4 %

Shares of Insperity stock opened at $104.40 on Wednesday. Insperity has a 1 year low of $90.80 and a 1 year high of $128.91. The firm has a market cap of $3.93 billion, a PE ratio of 23.41, a PEG ratio of 2.98 and a beta of 1.14. The company has a debt-to-equity ratio of 3.95, a current ratio of 1.11 and a quick ratio of 1.11. The company has a 50 day simple moving average of $103.72 and a two-hundred day simple moving average of $107.99.

Insperity (NYSE:NSP) last announced its earnings results on Thursday, February 8th. The business services provider reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.08. Insperity had a net margin of 2.64% and a return on equity of 153.34%. The business had revenue of $1.58 billion during the quarter, compared to analyst estimates of $1.57 billion. Analysts expect that Insperity will post 2.34 earnings per share for the current fiscal year.

Insperity Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 21st. Stockholders of record on Thursday, March 7th were issued a $0.57 dividend. The ex-dividend date of this dividend was Wednesday, March 6th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 2.18%. Insperity’s payout ratio is 51.12%.

Institutional Investors Weigh In On Insperity

A number of hedge funds have recently made changes to their positions in the business. WINTON GROUP Ltd lifted its holdings in shares of Insperity by 2.9% in the 3rd quarter. WINTON GROUP Ltd now owns 4,002 shares of the business services provider’s stock worth $391,000 after acquiring an additional 112 shares during the last quarter. CWM LLC raised its holdings in Insperity by 29.2% during the 3rd quarter. CWM LLC now owns 522 shares of the business services provider’s stock valued at $51,000 after buying an additional 118 shares during the last quarter. Retirement Systems of Alabama raised its holdings in Insperity by 0.3% during the 1st quarter. Retirement Systems of Alabama now owns 44,484 shares of the business services provider’s stock valued at $4,876,000 after buying an additional 126 shares during the last quarter. Hohimer Wealth Management LLC raised its holdings in Insperity by 4.0% during the 4th quarter. Hohimer Wealth Management LLC now owns 4,271 shares of the business services provider’s stock valued at $501,000 after buying an additional 164 shares during the last quarter. Finally, Personal CFO Solutions LLC raised its holdings in Insperity by 5.2% during the 4th quarter. Personal CFO Solutions LLC now owns 3,406 shares of the business services provider’s stock valued at $399,000 after buying an additional 169 shares during the last quarter. 93.44% of the stock is currently owned by institutional investors.

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.