Insperity (NYSE:NSP) Stock Price Down 3.7%

Shares of Insperity, Inc. (NYSE:NSP) were down 3.7% during mid-day trading on Friday . The company traded as low as $103.08 and last traded at $104.87. Approximately 89,750 shares changed hands during mid-day trading, a decline of 72% from the average daily volume of 325,520 shares. The stock had previously closed at $108.93.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. StockNews.com cut Insperity from a “buy” rating to a “hold” rating in a research report on Monday, April 1st. TheStreet downgraded Insperity from a “b” rating to a “c+” rating in a report on Monday, February 12th. Two equities research analysts have rated the stock with a hold rating, According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $115.00.

Insperity Stock Performance

The company has a market cap of $3.92 billion, a price-to-earnings ratio of 24.42, a P/E/G ratio of 3.13 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 firm has a fifty day simple moving average of $103.13 and a 200 day simple moving average of $107.77.

Insperity (NYSE:NSP) last released its quarterly earnings results on Thursday, February 8th. The business services provider reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.38 by $0.08. The company had revenue of $1.58 billion during the quarter, compared to analysts’ expectations of $1.57 billion. Insperity had a net margin of 2.64% and a return on equity of 153.34%. On average, sell-side analysts expect that Insperity, Inc. will post 2.34 earnings per share for the current fiscal year.

Insperity Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 21st. Shareholders of record on Thursday, March 7th were given a $0.57 dividend. The ex-dividend date of this dividend was Wednesday, March 6th. This represents a $2.28 annualized dividend and a yield of 2.19%. Insperity’s dividend payout ratio is 51.12%.

Institutional Investors Weigh In On Insperity

A number of hedge funds have recently made changes to their positions in NSP. WINTON GROUP Ltd raised its stake in shares of Insperity by 2.9% in the third quarter. WINTON GROUP Ltd now owns 4,002 shares of the business services provider’s stock valued at $391,000 after acquiring an additional 112 shares during the last quarter. CWM LLC lifted its position in Insperity by 29.2% during the 3rd quarter. CWM LLC now owns 522 shares of the business services provider’s stock worth $51,000 after buying an additional 118 shares in the last quarter. Hohimer Wealth Management LLC grew 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 worth $501,000 after acquiring an additional 164 shares during the last quarter. Personal CFO Solutions LLC raised its position in Insperity by 5.2% in the 4th quarter. Personal CFO Solutions LLC now owns 3,406 shares of the business services provider’s stock worth $399,000 after purchasing an additional 169 shares during the last quarter. Finally, Paralel Advisors LLC raised its position in shares of Insperity by 1.3% during the third quarter. Paralel Advisors LLC now owns 15,754 shares of the business services provider’s stock worth $1,538,000 after acquiring an additional 197 shares during the last quarter. Institutional investors and hedge funds own 93.44% of the company’s stock.

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.