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

Shares of Insperity, Inc. (NYSE:NSP) have received an average recommendation of “Reduce” from the four research firms that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation and three have assigned a hold recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $95.67.

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

Insperity Stock Up 4.8 %

Shares of NSP opened at $80.51 on Wednesday. The firm has a 50 day simple moving average of $77.90 and a two-hundred day simple moving average of $85.64. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.16 and a quick ratio of 1.16. Insperity has a one year low of $71.69 and a one year high of $117.48. The company has a market cap of $3.01 billion, a P/E ratio of 25.56 and a beta of 1.14.

Insperity Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Tuesday, December 10th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 2.98%. The ex-dividend date was Tuesday, December 10th. Insperity’s dividend payout ratio is currently 76.19%.

Institutional Investors Weigh In On Insperity

Institutional investors have recently added to or reduced their stakes in the business. State Street Corp lifted its holdings in shares of Insperity by 0.9% during the third quarter. State Street Corp now owns 1,287,058 shares of the business services provider’s stock worth $113,261,000 after purchasing an additional 11,123 shares during the period. Value Holdings Management CO. LLC lifted its holdings in Insperity by 4.2% during the 4th quarter. Value Holdings Management CO. LLC now owns 237,798 shares of the business services provider’s stock worth $18,432,000 after buying an additional 9,600 shares during the period. Barclays PLC lifted its holdings in Insperity by 129.7% during the 3rd quarter. Barclays PLC now owns 82,580 shares of the business services provider’s stock worth $7,269,000 after buying an additional 46,625 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Insperity by 16.5% in the third quarter. JPMorgan Chase & Co. now owns 150,669 shares of the business services provider’s stock valued at $13,259,000 after buying an additional 21,325 shares during the period. Finally, Harbor Capital Advisors Inc. raised its position in shares of Insperity by 8.5% during the fourth quarter. Harbor Capital Advisors Inc. now owns 114,924 shares of the business services provider’s stock worth $8,908,000 after acquiring an additional 8,972 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.