Analysts Set Insperity, Inc. (NYSE:NSP) Target Price at $95.67

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

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

Hedge Funds Weigh In On Insperity

A number of institutional investors have recently made changes to their positions in NSP. Wilmington Savings Fund Society FSB acquired a new stake in Insperity in the 3rd quarter valued at approximately $32,000. Millburn Ridgefield Corp bought a new position in Insperity during the third quarter worth $53,000. nVerses Capital LLC acquired a new position in Insperity during the 2nd quarter valued at $64,000. KBC Group NV boosted its holdings in Insperity by 26.4% in the 3rd quarter. KBC Group NV now owns 1,034 shares of the business services provider’s stock valued at $91,000 after purchasing an additional 216 shares during the period. Finally, Quarry LP grew its position in Insperity by 205.6% in the 2nd quarter. Quarry LP now owns 1,088 shares of the business services provider’s stock worth $99,000 after purchasing an additional 732 shares during the last quarter. 93.44% of the stock is currently owned by institutional investors.

Insperity Stock Performance

NYSE:NSP opened at $76.82 on Friday. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 2.95. The company has a 50-day moving average of $79.28 and a 200-day moving average of $87.49. Insperity has a twelve month low of $71.69 and a twelve month high of $119.02. The firm has a market cap of $2.87 billion, a price-to-earnings ratio of 24.39 and a beta of 1.15.

Insperity Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Tuesday, December 10th were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 3.12%. The ex-dividend date was Tuesday, December 10th. Insperity’s dividend payout ratio is 76.19%.

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.