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

Insperity, Inc. (NYSE:NSP - Get Free Report) has been assigned a consensus recommendation of "Reduce" from the four research firms that are currently covering the stock, Marketbeat 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 price target among brokerages that have updated their coverage on the stock in the last year is $95.67.

Several research firms have recently issued reports on NSP. JPMorgan Chase & Co. assumed coverage on shares of Insperity in a research report on Tuesday, October 22nd. They set an "underweight" rating and a $90.00 price objective on the stock. StockNews.com cut shares of Insperity from a "buy" rating to a "hold" rating in a research note on Monday, November 4th. Truist Financial decreased their price target on shares of Insperity from $95.00 to $88.00 and set a "hold" rating on the stock in a research note on Friday, November 1st. Finally, William Blair lowered Insperity from an "outperform" rating to a "market perform" rating in a research report on Tuesday, September 24th.

Institutional Trading of Insperity

Hedge funds have recently made changes to their positions in the business. Envestnet Portfolio Solutions Inc. increased its position in shares of Insperity by 32.0% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 3,161 shares of the business services provider's stock valued at $288,000 after purchasing an additional 766 shares during the last quarter. LRI Investments LLC boosted its stake in Insperity by 20.4% during the second quarter. LRI Investments LLC now owns 2,465 shares of the business services provider's stock worth $225,000 after buying an additional 417 shares during the period. Bank of New York Mellon Corp increased its position in Insperity by 3.5% during the second quarter. Bank of New York Mellon Corp now owns 422,163 shares of the business services provider's stock valued at $38,505,000 after acquiring an additional 14,095 shares during the last quarter. Foyston Gordon & Payne Inc raised its stake in shares of Insperity by 8.2% in the second quarter. Foyston Gordon & Payne Inc now owns 2,973 shares of the business services provider's stock valued at $271,000 after acquiring an additional 226 shares during the period. Finally, Farther Finance Advisors LLC lifted its holdings in shares of Insperity by 58.6% in the 2nd quarter. Farther Finance Advisors LLC now owns 4,984 shares of the business services provider's stock worth $449,000 after acquiring an additional 1,842 shares during the last quarter. 93.44% of the stock is currently owned by hedge funds and other institutional investors.

Insperity Stock Down 0.7 %

Shares of NSP opened at $76.11 on Friday. The business's 50 day moving average is $80.47 and its 200 day moving average is $88.14. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 2.95. Insperity has a 12-month low of $71.69 and a 12-month high of $119.02. The company has a market capitalization of $2.85 billion, a PE ratio of 24.16 and a beta of 1.15.

Insperity Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 24th. Investors of record on Tuesday, December 10th will be given a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 3.15%. The ex-dividend date of this dividend is Tuesday, December 10th. Insperity's dividend payout ratio is presently 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.