Insperity, Inc. (NYSE:NSP) Analysts Recommend 'Reduce' Rating

Insperity, Inc. (NYSE:NSP) has recently been analyzed by four research firms who have collectively given the stock an average rating of "Reduce", according to findings from Marketbeat Ratings. Among these analysts, one has suggested a sell recommendation, while three others have issued hold recommendations.

The average one-year price target set by these brokers for Insperity stands at $95.67.

Recent Analyst Ratings

Insperity has attracted attention from several equity research analysts in recent months. For instance, JPMorgan Chase & Co. initiated coverage on Insperity in a research note dated October 22. They assigned an "underweight" rating along with a price target of $90.00. Additionally, StockNews.com downgraded Insperity's shares from a "buy" rating to a "hold" rating on November 4. Truist Financial also tempered their outlook by reducing their price target from $95.00 to $88.00, maintaining a hold rating as of November 1. Moreover, William Blair adjusted their rating from "outperform" to "market perform" as of September 24.

Institutional Ownership

Many institutional investors have been active in buying and selling shares of Insperity. For instance, Franklin Resources Inc. has increased its ownership by 4.6% during the third quarter, now holding 20,821 shares valued at approximately $1.84 million after acquiring an additional 909 shares. Tidal Investments LLC significantly raised its stake by 84.3%, now owning 7,385 shares worth $650,000. Wilmington Savings Fund Society FSB also entered the scene by purchasing a new position valued at around $32,000. Geode Capital Management LLC expanded its shares by 16.7%, totaling 968,634 shares valued at $85.25 million, thanks to an additional buy of 138,837 shares. Lastly, Barclays PLC raised its position in Insperity by 129.7%, accumulating 82,580 shares worth about $7.27 million.

Stock Performance Overview

On the day of reporting, shares of Insperity were trading at $76.43. The company has a 50-day moving average price of $79.97 and a 200-day moving average price of $87.75. Over the past year, Insperity's stock has reached a low of $71.69, while hitting a high of $119.02. Insperity has a market capitalization of $2.86 billion, a price-to-earnings (P/E) ratio of 24.26, and a beta of 1.15, as well as a current and quick ratio of 1.16. The company's debt-to-equity ratio stands at 2.95.

Dividend Information

Recently, Insperity declared a quarterly dividend amounting to $0.60 per share, which was distributed on December 24 to investors recorded as of December 10. This dividend translates into an annualized yield of 3.14%, with a total annual payout of $2.40. The ex-dividend date was also December 10. The current dividend payout ratio for Insperity is 76.19%.

Overview of Insperity

Insperity, Inc. focuses on providing human resources (HR) and business solutions aimed at enhancing business performance for small and medium-sized enterprises primarily in the United States. The company offers a range of HR services through its workforce optimization and synchronization solutions, which cover payroll management, employment administration, employee benefits management, workers' compensation, compliance with governmental regulations, performance management, and employee training and development.

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