Insperity (NYSE:NSP) hit a new 52-week high and low during mid-day trading on Wednesday . The company traded as low as $76.40 and last traded at $75.40, with a volume of 111850 shares trading hands. The stock had previously closed at $75.95.
A number of brokerages have recently issued reports on NSP. Zacks Investment Research cut shares of Insperity from a “buy” rating to a “hold” rating in a research report on Monday. Roth Capital boosted their target price on shares of Insperity from $58.00 to $71.00 and gave the company a “buy” rating in a research report on Tuesday, February 13th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. Insperity has a consensus rating of “Hold” and an average target price of $64.00.
The stock has a market cap of $3,044.95, a PE ratio of 37.02, a PEG ratio of 1.50 and a beta of 0.85. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.07 and a current ratio of 1.07.
Insperity (NYSE:NSP) last announced its earnings results on Monday, February 12th. The business services provider reported $0.55 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.92 by ($0.37). Insperity had a net margin of 2.55% and a return on equity of 102.86%. The business had revenue of $826.50 million during the quarter, compared to the consensus estimate of $813.28 million. During the same period in the previous year, the firm posted $0.58 EPS. The company’s revenue was up 13.4% compared to the same quarter last year. equities analysts anticipate that Insperity will post 2.72 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 22nd. Investors of record on Thursday, March 8th were given a dividend of $0.20 per share. This is a boost from Insperity’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Wednesday, March 7th. This represents a $0.80 annualized dividend and a yield of 1.04%. Insperity’s dividend payout ratio is currently 39.22%.
In related news, Director Austin P. Young sold 5,000 shares of the company’s stock in a transaction dated Monday, March 12th. The shares were sold at an average price of $70.05, for a total transaction of $350,250.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Chairman Paul J. Sarvadi sold 45,000 shares of the company’s stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $61.58, for a total transaction of $2,771,100.00. The disclosure for this sale can be found here. Insiders have sold 117,751 shares of company stock valued at $7,471,328 in the last ninety days. 13.92% of the stock is currently owned by company insiders.
Institutional investors and hedge funds have recently bought and sold shares of the stock. USA Mutuals Advisors Inc. bought a new stake in Insperity during the fourth quarter worth about $100,000. Mutual of America Capital Management LLC lifted its position in Insperity by 100.0% during the fourth quarter. Mutual of America Capital Management LLC now owns 2,000 shares of the business services provider’s stock worth $115,000 after purchasing an additional 1,000 shares during the period. Fuller & Thaler Asset Management Inc. lifted its position in Insperity by 100.0% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 2,200 shares of the business services provider’s stock worth $126,000 after purchasing an additional 1,100 shares during the period. Elkfork Partners LLC lifted its position in Insperity by 65.6% during the fourth quarter. Elkfork Partners LLC now owns 2,768 shares of the business services provider’s stock worth $159,000 after purchasing an additional 1,096 shares during the period. Finally, Xact Kapitalforvaltning AB bought a new stake in Insperity during the fourth quarter worth about $203,000. 83.49% of the stock is owned by institutional investors and hedge funds.
COPYRIGHT VIOLATION WARNING: “Insperity (NSP) Hits New 12-Month High and Low at $76.40” was originally published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this news story on another publication, it was illegally copied and republished in violation of US & international copyright legislation. The correct version of this news story can be accessed at https://ledgergazette.com/2018/04/18/insperity-nsp-hits-new-12-month-high-and-low-at-76-40.html.
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.
Receive News & Ratings for Insperity Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Insperity and related companies with MarketBeat.com's FREE daily email newsletter.