Insperity Inc (NYSE:NSP) has been given a consensus recommendation of “Buy” by the six ratings firms that are presently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $111.00.

Several equities analysts recently weighed in on NSP shares. Robert W. Baird increased their price target on shares of Insperity from $110.00 to $125.00 and gave the company an “outperform” rating in a research report on Friday, November 2nd. Zacks Investment Research lowered shares of Insperity from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 2nd.

In other Insperity news, Chairman Paul J. Sarvadi sold 30,000 shares of the company’s stock in a transaction dated Wednesday, November 7th. The shares were sold at an average price of $116.61, for a total transaction of $3,498,300.00. Following the sale, the chairman now directly owns 598,962 shares of the company’s stock, valued at $69,844,958.82. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Jay E. Mincks sold 1,042 shares of the company’s stock in a transaction dated Monday, November 5th. The shares were sold at an average price of $108.62, for a total transaction of $113,182.04. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 35,742 shares of company stock worth $4,156,509. Insiders own 9.58% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Legal & General Group Plc grew its holdings in shares of Insperity by 7.0% in the second quarter. Legal & General Group Plc now owns 81,048 shares of the business services provider’s stock worth $7,680,000 after purchasing an additional 5,336 shares during the last quarter. MetLife Investment Advisors LLC grew its holdings in shares of Insperity by 10.5% in the second quarter. MetLife Investment Advisors LLC now owns 17,458 shares of the business services provider’s stock worth $1,663,000 after purchasing an additional 1,663 shares during the last quarter. OppenheimerFunds Inc. grew its holdings in shares of Insperity by 248.3% in the second quarter. OppenheimerFunds Inc. now owns 100,542 shares of the business services provider’s stock worth $9,576,000 after purchasing an additional 71,672 shares during the last quarter. Macquarie Group Ltd. grew its holdings in shares of Insperity by 53.8% in the second quarter. Macquarie Group Ltd. now owns 2,000 shares of the business services provider’s stock worth $191,000 after purchasing an additional 700 shares during the last quarter. Finally, Aperio Group LLC grew its holdings in shares of Insperity by 10.8% in the third quarter. Aperio Group LLC now owns 11,699 shares of the business services provider’s stock worth $1,380,000 after purchasing an additional 1,142 shares during the last quarter. 83.27% of the stock is currently owned by institutional investors and hedge funds.

Shares of NYSE NSP traded up $0.15 during trading on Friday, hitting $95.14. The stock had a trading volume of 2,881 shares, compared to its average volume of 301,875. Insperity has a 12 month low of $55.40 and a 12 month high of $121.15. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.21 and a quick ratio of 1.21. The firm has a market cap of $3.92 billion, a price-to-earnings ratio of 46.57, a PEG ratio of 1.37 and a beta of 0.96.

Insperity (NYSE:NSP) last posted its earnings results on Thursday, November 1st. The business services provider reported $0.96 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.82 by $0.14. Insperity had a net margin of 3.41% and a return on equity of 123.25%. The firm had revenue of $925.13 million during the quarter, compared to analyst estimates of $935.62 million. During the same quarter in the prior year, the business posted $1.14 EPS. The business’s revenue was up 16.3% compared to the same quarter last year. On average, research analysts anticipate that Insperity will post 3.36 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 28th. Shareholders of record on Thursday, December 13th were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 0.84%. The ex-dividend date was Wednesday, December 12th. Insperity’s dividend payout ratio (DPR) is presently 39.22%.

Insperity Company Profile

Insperity, Inc provides human resources (HR) and business solutions to enhance business performance for small and medium-sized businesses in the United States. The company offers its HR services through its Workforce Optimization and Workforce Synchronization solutions, which encompasses a range of human resources functions comprising payroll and employment administration, employee benefits, workers' compensation, government compliance, performance management and training, and development services.

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