Insperity (NYSE:NSP) Sets New 1-Year Low at $84.83

Insperity, Inc. (NYSE:NSP) reached a new 52-week low on Wednesday . The stock traded as low as $84.83 and last traded at $84.83, with a volume of 31153 shares trading hands. The stock had previously closed at $87.11.

Wall Street Analyst Weigh In

A number of brokerages recently commented on NSP. William Blair reaffirmed an “outperform” rating on shares of Insperity in a report on Friday, May 17th. Robert W. Baird boosted 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.

Insperity Trading Down 1.4 %

The firm’s 50 day moving average is $93.86 and its 200 day moving average is $98.51. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 2.60. The firm has a market capitalization of $3.22 billion, a price-to-earnings ratio of 21.30, a price-to-earnings-growth ratio of 2.42 and a beta of 1.12.

Insperity (NYSE:NSP) last released its quarterly earnings results on Thursday, August 1st. The business services provider reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.14. The company had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.62 billion. Insperity had a return on equity of 138.16% and a net margin of 2.46%. Insperity’s revenue was up 1.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.33 earnings per share. Equities analysts forecast that Insperity, Inc. will post 2.39 earnings per share for the current year.

Insperity Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 19th. Stockholders of record on Thursday, September 5th will be issued a $0.60 dividend. The ex-dividend date of this dividend is Thursday, September 5th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.80%. Insperity’s dividend payout ratio is presently 58.68%.

Insider Transactions at Insperity

In other Insperity news, CEO Paul J. Sarvadi sold 16,123 shares of Insperity stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $92.23, for a total transaction of $1,487,024.29. Following the sale, the chief executive officer now directly owns 509,129 shares of the company’s stock, valued at approximately $46,956,967.67. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 5.50% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Insperity

A number of institutional investors have recently bought and sold shares of the stock. Sanctuary Advisors LLC purchased a new stake in shares of Insperity during the 2nd quarter worth $1,330,000. Quarry LP grew its holdings in Insperity by 205.6% in 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. The Manufacturers Life Insurance Company boosted its stake in shares of Insperity by 0.3% in the second quarter. The Manufacturers Life Insurance Company now owns 43,075 shares of the business services provider’s stock worth $3,929,000 after acquiring an additional 150 shares during the last quarter. Earnest Partners LLC boosted its stake in shares of Insperity by 2.5% in the second quarter. Earnest Partners LLC now owns 1,323,680 shares of the business services provider’s stock worth $120,733,000 after acquiring an additional 32,542 shares during the last quarter. Finally, Trinity Legacy Partners LLC increased its holdings in shares of Insperity by 0.8% during the 2nd quarter. Trinity Legacy Partners LLC now owns 223,398 shares of the business services provider’s stock worth $20,376,000 after buying an additional 1,818 shares during the last quarter. 93.44% of the stock is owned by institutional investors.

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.