StockNews.com Upgrades Insperity (NYSE:NSP) to Buy

Insperity (NYSE:NSP) was upgraded by research analysts at StockNews.com from a “hold” rating to a “buy” rating in a research note issued to investors on Thursday.

Separately, TheStreet lowered Insperity from a “b” rating to a “c+” rating in a report on Monday, February 12th.

Insperity Stock Performance

Shares of Insperity stock traded up $0.49 during trading on Thursday, hitting $104.64. 175,774 shares of the stock were exchanged, compared to its average volume of 330,006. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 2.64. The company has a fifty day moving average price of $104.31 and a 200-day moving average price of $108.08. The stock has a market capitalization of $3.94 billion, a price-to-earnings ratio of 25.58, a price-to-earnings-growth ratio of 2.94 and a beta of 1.16. Insperity has a 1-year low of $90.80 and a 1-year high of $128.91.

Insperity (NYSE:NSP) last announced its quarterly earnings results on Thursday, February 8th. The business services provider reported $0.46 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.08. Insperity had a return on equity of 137.14% and a net margin of 2.39%. The firm had revenue of $1.58 billion for the quarter, compared to the consensus estimate of $1.57 billion. As a group, equities analysts predict that Insperity will post 2.34 EPS for the current fiscal year.

Hedge Funds Weigh In On Insperity

A number of large investors have recently made changes to their positions in NSP. WINTON GROUP Ltd increased its position in Insperity by 2.9% during the 3rd quarter. WINTON GROUP Ltd now owns 4,002 shares of the business services provider’s stock worth $391,000 after buying an additional 112 shares during the period. Retirement Systems of Alabama increased its position in Insperity by 0.3% during the first quarter. Retirement Systems of Alabama now owns 44,484 shares of the business services provider’s stock worth $4,876,000 after acquiring an additional 126 shares during the period. Hohimer Wealth Management LLC raised its stake in Insperity by 4.0% in the 4th quarter. Hohimer Wealth Management LLC now owns 4,271 shares of the business services provider’s stock worth $501,000 after purchasing an additional 164 shares in the last quarter. Personal CFO Solutions LLC boosted its holdings in Insperity by 5.2% in the 4th quarter. Personal CFO Solutions LLC now owns 3,406 shares of the business services provider’s stock valued at $399,000 after purchasing an additional 169 shares during the period. Finally, Paralel Advisors LLC grew its position in shares of Insperity by 1.3% during the 3rd quarter. Paralel Advisors LLC now owns 15,754 shares of the business services provider’s stock worth $1,538,000 after purchasing an additional 197 shares in the last quarter. Institutional investors own 93.44% of the company’s stock.

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.