Insperity, Inc. (NSP) To Go Ex-Dividend on March 13th

Insperity, Inc. (NYSE:NSP) announced a quarterly dividend on Thursday, February 27th, RTT News reports. Shareholders of record on Thursday, March 13th will be given a dividend of 0.60 per share by the business services provider on Thursday, March 27th. This represents a $2.40 dividend on an annualized basis and a yield of 2.55%. The ex-dividend date is Thursday, March 13th.

Insperity has increased its dividend by an average of 10.6% per year over the last three years and has increased its dividend annually for the last 14 consecutive years. Insperity has a payout ratio of 55.4% indicating that its dividend is sufficiently covered by earnings. Analysts expect Insperity to earn $3.05 per share next year, which means the company should continue to be able to cover its $2.40 annual dividend with an expected future payout ratio of 78.7%.

Insperity Trading Up 4.3 %

Shares of NYSE NSP opened at $94.20 on Tuesday. The company has a market cap of $3.51 billion, a PE ratio of 39.09 and a beta of 1.02. The company has a debt-to-equity ratio of 3.80, a quick ratio of 1.08 and a current ratio of 1.08. The firm’s 50 day moving average price is $80.94 and its 200-day moving average price is $82.60. Insperity has a 52-week low of $68.79 and a 52-week high of $110.72.

Analysts Set New Price Targets

Separately, StockNews.com raised Insperity from a “hold” rating to a “buy” rating in a report on Wednesday, February 12th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $95.67.

Insider Buying and Selling at Insperity

In related news, COO Arthur A. Arizpe sold 6,000 shares of the stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $84.68, for a total transaction of $508,080.00. Following the completion of the transaction, the chief operating officer now directly owns 72,551 shares of the company’s stock, valued at approximately $6,143,618.68. This represents a 7.64 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ellen H. Masterson acquired 1,755 shares of Insperity stock in a transaction on Wednesday, February 12th. The stock was purchased at an average cost of $85.75 per share, for a total transaction of $150,491.25. Following the purchase, the director now owns 16,612 shares in the company, valued at approximately $1,424,479. The trade was a 11.81 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 5.50% of the stock is owned by corporate insiders.

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.