Advantage Alpha Capital Partners LP Has $3.95 Million Stock Position in CBIZ, Inc. (NYSE:CBZ)

Advantage Alpha Capital Partners LP lifted its position in CBIZ, Inc. (NYSE:CBZ - Free Report) by 33.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 48,299 shares of the business services provider's stock after purchasing an additional 12,131 shares during the quarter. Advantage Alpha Capital Partners LP owned 0.10% of CBIZ worth $3,952,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Smartleaf Asset Management LLC raised its position in CBIZ by 75.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 644 shares of the business services provider's stock valued at $53,000 after purchasing an additional 276 shares during the last quarter. VisionPoint Advisory Group LLC acquired a new stake in shares of CBIZ in the fourth quarter valued at $60,000. Quarry LP raised its holdings in shares of CBIZ by 6,335.3% in the third quarter. Quarry LP now owns 1,094 shares of the business services provider's stock valued at $74,000 after buying an additional 1,077 shares during the last quarter. Venturi Wealth Management LLC bought a new stake in CBIZ during the 4th quarter worth about $110,000. Finally, KBC Group NV increased its position in CBIZ by 30.1% in the 4th quarter. KBC Group NV now owns 2,021 shares of the business services provider's stock valued at $165,000 after acquiring an additional 468 shares in the last quarter. Institutional investors and hedge funds own 87.44% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on CBZ shares. StockNews.com lowered shares of CBIZ from a "hold" rating to a "sell" rating in a research report on Tuesday, February 25th. William Blair reaffirmed an "outperform" rating on shares of CBIZ in a report on Thursday, February 27th.

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CBIZ Trading Down 0.1 %

CBIZ stock traded down $0.07 during mid-day trading on Tuesday, hitting $73.98. The stock had a trading volume of 517,296 shares, compared to its average volume of 307,918. CBIZ, Inc. has a 12 month low of $62.66 and a 12 month high of $90.13. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $3.98 billion, a PE ratio of 31.35 and a beta of 0.99. The stock has a 50-day simple moving average of $80.84 and a two-hundred day simple moving average of $76.64.

Insider Activity at CBIZ

In other news, Director Benaree Pratt Wiley sold 6,526 shares of the business's stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $71.75, for a total transaction of $468,240.50. Following the completion of the transaction, the director now directly owns 41,759 shares in the company, valued at approximately $2,996,208.25. The trade was a 13.52 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 5.40% of the stock is currently owned by corporate insiders.

CBIZ Profile

CBIZ, Inc provides financial, insurance, and advisory services in the United States and Canada. It operates through Financial Services, Benefits and Insurance Services, and National Practices segments. The Financial Services segment offers accounting and tax, financial advisory, valuation, risk and advisory, and government healthcare consulting services.