Robert W. Baird Reiterates Buy Rating for Insperity, Inc. (NSP)

Insperity, Inc. (NYSE:NSP)‘s stock had its “buy” rating reiterated by research analysts at Robert W. Baird in a research report issued to clients and investors on Friday. They currently have a $112.00 target price on the stock.

A number of other equities analysts have also weighed in on the stock. SunTrust Banks, Inc. reissued a “hold” rating and issued a $110.00 price objective on shares of Insperity in a research report on Friday, November 3rd. They noted that the move was a valuation call. Zacks Investment Research downgraded shares of Insperity from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 3rd. BidaskClub upgraded shares of Insperity from a “sell” rating to a “hold” rating in a research note on Sunday, August 6th. Finally, Roth Capital upgraded shares of Insperity from a “neutral” rating to a “buy” rating and upped their target price for the company from $84.00 to $92.00 in a research note on Tuesday, August 1st. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of C$101.20.

Insperity (NYSE:NSP) traded up C$0.65 during midday trading on Friday, reaching C$106.20. 120,596 shares of the company’s stock were exchanged, compared to its average volume of 151,030. The firm has a market capitalization of $2,213.53, a price-to-earnings ratio of 28.40, a PEG ratio of 1.50 and a beta of 0.82. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.02. Insperity has a one year low of C$69.20 and a one year high of C$106.95.

Insperity (NYSE:NSP) last released its quarterly earnings data on Wednesday, November 1st. The company reported C$1.14 EPS for the quarter, topping analysts’ consensus estimates of C$0.98 by C$0.16. The firm had revenue of C$795.50 million for the quarter, compared to the consensus estimate of C$786.44 million. Insperity had a net margin of 2.43% and a return on equity of 94.38%. The firm’s revenue was up 13.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.78 earnings per share. research analysts anticipate that Insperity will post 3.94 EPS for the current year.

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In other Insperity news, SVP Daniel D. Herink sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of C$83.34, for a total value of C$250,020.00. Following the completion of the transaction, the senior vice president now directly owns 19,014 shares in the company, valued at C$1,584,626.76. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Mckenna Michelle sold 600 shares of the firm’s stock in a transaction dated Wednesday, August 23rd. The stock was sold at an average price of C$79.69, for a total transaction of C$47,814.00. Following the completion of the transaction, the director now owns 1,145 shares of the company’s stock, valued at C$91,245.05. The disclosure for this sale can be found here. In the last 90 days, insiders have bought 590,667 shares of company stock valued at $106,280 and have sold 327,025 shares valued at $10,766,557. Company insiders own 27.47% of the company’s stock.

Institutional investors and hedge funds have recently modified their holdings of the stock. Victory Capital Management Inc. raised its position in shares of Insperity by 17.7% in the second quarter. Victory Capital Management Inc. now owns 1,445 shares of the company’s stock valued at $103,000 after purchasing an additional 217 shares during the period. Ameritas Investment Partners Inc. grew its stake in shares of Insperity by 18.6% in the second quarter. Ameritas Investment Partners Inc. now owns 1,608 shares of the company’s stock worth $114,000 after acquiring an additional 252 shares during the last quarter. DekaBank Deutsche Girozentrale grew its stake in shares of Insperity by 78.2% in the third quarter. DekaBank Deutsche Girozentrale now owns 1,611 shares of the company’s stock worth $134,000 after acquiring an additional 707 shares during the last quarter. Profund Advisors LLC boosted its stake in Insperity by 18.0% during the second quarter. Profund Advisors LLC now owns 3,045 shares of the company’s stock worth $216,000 after buying an additional 465 shares in the last quarter. Finally, Amalgamated Bank acquired a new stake in Insperity during the third quarter worth $220,000. 81.74% of the stock is currently owned by hedge funds and other institutional investors.

About Insperity

Insperity, Inc provides a range of human resources (HR) and business solutions. The Company’s HR services offerings are provided through its Workforce Optimization and Workforce Synchronization solutions (together, its professional employer organization (PEO) HR Outsourcing solutions), which encompass a range of human resources functions, including payroll and employment administration, employee benefits, workers’ compensation, performance management and training and development services, along with its cloud-based human capital management platform, the Employee Service Center (ESC).

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