StockNews.com Begins Coverage on Insperity (NYSE:NSP)

StockNews.com started coverage on shares of Insperity (NYSE:NSP – Get Rating) in a research report released on Thursday. The firm issued a strong-buy rating on the business services provider’s stock.

Insperity Stock Down 2.2 %

Shares of NSP opened at $116.34 on Thursday. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 4.55. The firm has a market cap of $4.40 billion, a P/E ratio of 25.07, a price-to-earnings-growth ratio of 1.77 and a beta of 1.22. The company’s 50-day moving average price is $117.24 and its 200 day moving average price is $113.69. Insperity has a 12-month low of $87.74 and a 12-month high of $125.95.

Insperity Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 24th. Investors of record on Friday, March 10th will be issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 1.79%. The ex-dividend date is Thursday, March 9th. Insperity’s dividend payout ratio (DPR) is 44.83%.

Insider Activity at Insperity

In related news, EVP James D. Allison sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, February 17th. The stock was sold at an average price of $124.96, for a total value of $624,800.00. Following the completion of the transaction, the executive vice president now directly owns 40,380 shares of the company’s stock, valued at $5,045,884.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Insperity news, Director Richard G. Rawson sold 6,000 shares of the stock in a transaction on Friday, February 17th. The stock was sold at an average price of $125.74, for a total value of $754,440.00. Following the completion of the transaction, the director now owns 51,796 shares in the company, valued at $6,512,829.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP James D. Allison sold 5,000 shares of the stock in a transaction on Friday, February 17th. The stock was sold at an average price of $124.96, for a total value of $624,800.00. Following the completion of the transaction, the executive vice president now owns 40,380 shares of the company’s stock, valued at approximately $5,045,884.80. The disclosure for this sale can be found here. Insiders sold 13,500 shares of company stock valued at $1,690,340 over the last three months. 6.10% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Capital Impact Advisors LLC raised its position in Insperity by 1.2% in the third quarter. Capital Impact Advisors LLC now owns 7,550 shares of the business services provider’s stock worth $872,000 after acquiring an additional 86 shares in the last quarter. Securian Asset Management Inc. boosted its stake in shares of Insperity by 3.1% during the third quarter. Securian Asset Management Inc. now owns 3,281 shares of the business services provider’s stock valued at $335,000 after acquiring an additional 100 shares during the last quarter. NorthCrest Asset Manangement LLC boosted its stake in shares of Insperity by 1.1% during the fourth quarter. NorthCrest Asset Manangement LLC now owns 9,400 shares of the business services provider’s stock valued at $1,068,000 after acquiring an additional 100 shares during the last quarter. Thrivent Financial for Lutherans boosted its stake in shares of Insperity by 1.2% during the third quarter. Thrivent Financial for Lutherans now owns 9,460 shares of the business services provider’s stock valued at $966,000 after acquiring an additional 113 shares during the last quarter. Finally, Oppenheimer & Co. Inc. boosted its stake in shares of Insperity by 2.3% during the fourth quarter. Oppenheimer & Co. Inc. now owns 5,115 shares of the business services provider’s stock valued at $581,000 after acquiring an additional 115 shares during the last quarter. Hedge funds and other institutional investors own 90.19% of the company’s stock.

About Insperity

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Insperity, Inc engages in the provision of human resources and business solutions designed to help improve business performance. The firm also offers payroll and employment administration, employee benefits, workers’ compensation, government compliance, performance management, and training and development services, along with cloud-based human capital management platform.