Insperity (NYSE:NSP) Sets New 1-Year Low - Should You Sell?

Insperity, Inc. (NYSE:NSP - Get Free Report) hit a new 52-week low during trading on Friday . The company traded as low as $59.09 and last traded at $59.66, with a volume of 277751 shares. The stock had previously closed at $60.20.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Wall Street Zen lowered shares of Insperity from a "buy" rating to a "hold" rating in a research note on Wednesday, April 30th. Truist Financial dropped their price objective on Insperity from $82.00 to $70.00 and set a "hold" rating for the company in a research note on Wednesday, April 30th.

Insperity Price Performance

The stock has a fifty day moving average of $68.31 and a two-hundred day moving average of $77.40. The stock has a market capitalization of $2.26 billion, a price-to-earnings ratio of 35.70 and a beta of 0.52. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 3.66.

Insperity (NYSE:NSP - Get Free Report) last announced its earnings results on Tuesday, April 29th. The business services provider reported $1.57 EPS for the quarter, missing the consensus estimate of $2.01 by ($0.44). Insperity had a return on equity of 52.17% and a net margin of 0.95%. The business had revenue of $310.00 million for the quarter, compared to the consensus estimate of $1.87 billion. During the same quarter in the previous year, the company posted $2.27 EPS. Insperity's revenue for the quarter was up 3.4% on a year-over-year basis. As a group, equities research analysts forecast that Insperity, Inc. will post 2.33 earnings per share for the current year.

Insperity Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 20th. Stockholders of record on Friday, June 6th were given a dividend of $0.60 per share. The ex-dividend date of this dividend was Friday, June 6th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 4.00%. Insperity's payout ratio is 142.86%.

Insider Activity

In related news, CEO Paul J. Sarvadi sold 14,203 shares of the business's stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $65.26, for a total value of $926,887.78. Following the completion of the transaction, the chief executive officer now owns 458,589 shares in the company, valued at $29,927,518.14. The trade was a 3.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 5.50% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. River Road Asset Management LLC acquired a new position in shares of Insperity during the fourth quarter valued at $47,513,000. T. Rowe Price Investment Management Inc. bought a new stake in Insperity during the 4th quarter worth about $39,231,000. Norges Bank acquired a new position in Insperity during the 4th quarter valued at about $31,587,000. First Trust Advisors LP lifted its position in Insperity by 54.2% during the 4th quarter. First Trust Advisors LP now owns 1,074,691 shares of the business services provider's stock valued at $83,299,000 after purchasing an additional 377,603 shares during the period. Finally, Reinhart Partners LLC. boosted its stake in shares of Insperity by 26.6% in the 1st quarter. Reinhart Partners LLC. now owns 1,484,060 shares of the business services provider's stock valued at $132,423,000 after purchasing an additional 312,217 shares during the last quarter. 93.44% of the stock is currently owned by institutional investors.

About Insperity

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.