Insperity (NYSE:NSP) Stock Rating Upgraded by StockNews.com

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

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

Insperity Stock Up 0.5 %

Shares of Insperity stock traded up $0.49 on Thursday, hitting $104.64. 175,774 shares of the company traded hands, compared to its average volume of 330,006. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 2.64. Insperity has a 12-month low of $90.80 and a 12-month high of $128.91. The company has a 50-day moving average price of $104.31 and a 200 day moving average price of $108.08. The company has a market cap of $3.94 billion, a PE ratio of 25.58, a PEG ratio of 2.94 and a beta of 1.16.

Insperity (NYSE:NSP) last issued its earnings results on Thursday, February 8th. The business services provider reported $0.46 EPS for the quarter, beating 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. Sell-side analysts predict that Insperity will post 2.34 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in NSP. Assenagon Asset Management S.A. raised its position in shares of Insperity by 189.2% in the fourth quarter. Assenagon Asset Management S.A. now owns 29,252 shares of the business services provider’s stock valued at $3,429,000 after purchasing an additional 19,137 shares during the period. Laurus Investment Counsel Inc. raised its holdings in Insperity by 349.9% in the 4th quarter. Laurus Investment Counsel Inc. now owns 44,095 shares of the business services provider’s stock worth $5,169,000 after acquiring an additional 34,295 shares during the period. Epoch Investment Partners Inc. lifted its position in Insperity by 75.1% during the 3rd quarter. Epoch Investment Partners Inc. now owns 168,652 shares of the business services provider’s stock worth $16,460,000 after acquiring an additional 72,361 shares during the last quarter. CenterBook Partners LP bought a new stake in Insperity during the third quarter valued at about $3,232,000. Finally, Quantbot Technologies LP acquired a new stake in shares of Insperity in the third quarter valued at about $624,000. Institutional investors and hedge funds own 93.44% of the company’s stock.

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.