Insperity (NYSE:NSP) Shares Up 5.8% - Time to Buy?

Shares of Insperity, Inc. (NYSE:NSP - Get Free Report) traded up 5.8% on Tuesday . The stock traded as high as $84.12 and last traded at $84.01. 381,576 shares traded hands during trading, an increase of 41% from the average session volume of 270,058 shares. The stock had previously closed at $79.41.

Analyst Ratings Changes

A number of brokerages have recently issued reports on NSP. JPMorgan Chase & Co. began coverage on shares of Insperity in a research note on Tuesday, October 22nd. They issued an "underweight" rating and a $90.00 target price on the stock. William Blair cut Insperity from an "outperform" rating to a "market perform" rating in a research note on Tuesday, September 24th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, Insperity currently has a consensus rating of "Hold" and a consensus price target of $99.50.

Insperity Price Performance

The company has a debt-to-equity ratio of 2.60, a quick ratio of 1.17 and a current ratio of 1.17. The company's fifty day moving average price is $88.42 and its 200 day moving average price is $94.69. The firm has a market capitalization of $3.17 billion, a price-to-earnings ratio of 20.58, a price-to-earnings-growth ratio of 2.39 and a beta of 1.11.

Insperity (NYSE:NSP - Get Free Report) last posted its earnings results on Thursday, August 1st. The business services provider reported $0.86 EPS for the quarter, beating the consensus estimate of $0.72 by $0.14. The company had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.62 billion. Insperity had a return on equity of 138.16% and a net margin of 2.46%. The business's revenue was up 1.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.33 earnings per share. Equities research analysts expect that Insperity, Inc. will post 2.43 earnings per share for the current year.

Insperity Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 19th. Stockholders of record on Thursday, September 5th were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 2.85%. The ex-dividend date of this dividend was Thursday, September 5th. Insperity's dividend payout ratio (DPR) is 58.68%.

Insider Transactions at Insperity

In other Insperity news, CEO Paul J. Sarvadi sold 16,123 shares of the business's stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $92.23, for a total transaction of $1,487,024.29. Following the completion of the transaction, the chief executive officer now directly owns 509,129 shares of the company's stock, valued at $46,956,967.67. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 5.50% of the company's stock.

Institutional Investors Weigh In On Insperity

A number of hedge funds have recently made changes to their positions in the business. Harbor Capital Advisors Inc. increased its holdings in shares of Insperity by 69.9% during the third quarter. Harbor Capital Advisors Inc. now owns 105,952 shares of the business services provider's stock valued at $9,324,000 after purchasing an additional 43,597 shares during the period. Janney Montgomery Scott LLC increased its stake in Insperity by 9.0% during the 3rd quarter. Janney Montgomery Scott LLC now owns 8,884 shares of the business services provider's stock valued at $782,000 after buying an additional 733 shares during the period. State of Alaska Department of Revenue raised its position in shares of Insperity by 7.3% during the 3rd quarter. State of Alaska Department of Revenue now owns 4,108 shares of the business services provider's stock worth $361,000 after buying an additional 280 shares in the last quarter. Arkadios Wealth Advisors lifted its stake in shares of Insperity by 27.1% in the 3rd quarter. Arkadios Wealth Advisors now owns 4,765 shares of the business services provider's stock worth $419,000 after acquiring an additional 1,017 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Insperity by 13.1% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 21,812 shares of the business services provider's stock worth $1,897,000 after acquiring an additional 2,530 shares during the period. Institutional investors 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.