Insperity (NYSE:NSP) Upgraded by StockNews.com to “Buy”

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

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

Insperity Price Performance

NSP opened at $102.88 on Wednesday. The company’s 50-day simple moving average is $103.92 and its two-hundred day simple moving average is $108.01. Insperity has a 52-week low of $90.80 and a 52-week high of $128.91. The company has a debt-to-equity ratio of 2.64, a quick ratio of 1.11 and a current ratio of 1.15. The stock has a market capitalization of $3.87 billion, a P/E ratio of 25.15, a P/E/G ratio of 2.94 and a beta of 1.16.

Insperity (NYSE:NSP) last issued its quarterly earnings data on Thursday, February 8th. The business services provider reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.08. Insperity had a net margin of 2.39% and a return on equity of 137.14%. The firm had revenue of $1.58 billion for the quarter, compared to analysts’ expectations of $1.57 billion. As a group, analysts predict that Insperity will post 2.34 EPS for the current year.

Insperity Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Investors of record on Thursday, March 7th were issued a $0.57 dividend. This represents a $2.28 annualized dividend and a yield of 2.22%. The ex-dividend date was Wednesday, March 6th. Insperity’s dividend payout ratio is 55.75%.

Institutional Investors Weigh In On Insperity

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Mawer Investment Management Ltd. increased its holdings in Insperity by 5.6% in the 4th quarter. Mawer Investment Management Ltd. now owns 4,210,321 shares of the business services provider’s stock worth $493,534,000 after acquiring an additional 224,772 shares in the last quarter. Earnest Partners LLC increased its holdings in Insperity by 24.7% in the 3rd quarter. Earnest Partners LLC now owns 1,045,622 shares of the business services provider’s stock worth $102,053,000 after acquiring an additional 207,283 shares in the last quarter. Reinhart Partners LLC. increased its holdings in Insperity by 1.4% in the 1st quarter. Reinhart Partners LLC. now owns 894,972 shares of the business services provider’s stock worth $98,098,000 after acquiring an additional 12,351 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Insperity by 2.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 702,844 shares of the business services provider’s stock valued at $82,386,000 after buying an additional 19,096 shares in the last quarter. Finally, Sei Investments Co. grew its holdings in Insperity by 40.5% during the 4th quarter. Sei Investments Co. now owns 655,579 shares of the business services provider’s stock valued at $76,846,000 after buying an additional 188,894 shares in the last quarter. 93.44% of the stock is owned by hedge funds and other 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.