Insperity (NYSE:NSP) Stock Rating Lowered by William Blair

William Blair lowered shares of Insperity (NYSE:NSP) from an outperform rating to a market perform rating in a research note issued to investors on Tuesday morning, MarketBeat reports.

Insperity Stock Up 0.5 %

NYSE NSP opened at $86.99 on Tuesday. The stock has a fifty day moving average of $92.91 and a 200-day moving average of $97.60. The stock has a market capitalization of $3.28 billion, a P/E ratio of 21.27, a price-to-earnings-growth ratio of 2.50 and a beta of 1.12. Insperity has a 52 week low of $84.78 and a 52 week high of $119.40. The company has a debt-to-equity ratio of 2.60, a quick ratio of 1.17 and a current ratio of 1.17.

Insperity (NYSE:NSP) last posted its quarterly earnings results on Thursday, August 1st. The business services provider reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.14. Insperity had a return on equity of 138.16% and a net margin of 2.46%. The business had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.62 billion. During the same period last year, the company earned $0.33 EPS. The firm’s revenue was up 1.3% on a year-over-year basis. On average, equities research analysts forecast that Insperity will post 2.43 EPS for the current year.

Insperity Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 19th. Stockholders of record on Thursday, September 5th were given a $0.60 dividend. The ex-dividend date of this dividend was Thursday, September 5th. This represents a $2.40 annualized dividend and a dividend yield of 2.76%. Insperity’s dividend payout ratio is currently 58.68%.

Insider Transactions at Insperity

In other news, CEO Paul J. Sarvadi sold 16,123 shares of the firm’s stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $92.23, for a total value of $1,487,024.29. Following the transaction, the chief executive officer now directly owns 509,129 shares in the company, valued at approximately $46,956,967.67. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 5.50% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Mawer Investment Management Ltd. grew its stake in Insperity by 4.0% in the second quarter. Mawer Investment Management Ltd. now owns 5,188,547 shares of the business services provider’s stock valued at $473,247,000 after acquiring an additional 197,309 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Insperity by 4.9% during the 1st quarter. Vanguard Group Inc. now owns 3,911,104 shares of the business services provider’s stock valued at $428,696,000 after purchasing an additional 182,773 shares in the last quarter. Earnest Partners LLC lifted its holdings in shares of Insperity by 2.5% during the 2nd quarter. Earnest Partners LLC now owns 1,323,680 shares of the business services provider’s stock valued at $120,733,000 after purchasing an additional 32,542 shares in the last quarter. Reinhart Partners LLC. grew its position in shares of Insperity by 13.3% in the 2nd quarter. Reinhart Partners LLC. now owns 1,013,874 shares of the business services provider’s stock valued at $92,475,000 after purchasing an additional 118,902 shares during the period. Finally, Sei Investments Co. increased its stake in Insperity by 5.3% during the 2nd quarter. Sei Investments Co. now owns 734,271 shares of the business services provider’s stock worth $66,973,000 after purchasing an additional 37,091 shares in the last quarter. 93.44% of the stock is currently owned by institutional investors.

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.