Advantage Alpha Capital Partners LP Buys 12,131 Shares of CBIZ, Inc. (NYSE:CBZ)

Advantage Alpha Capital Partners LP increased its position in CBIZ, Inc. (NYSE:CBZ - Free Report) by 33.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 48,299 shares of the business services provider's stock after purchasing an additional 12,131 shares during the period. 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 institutional investors have also added to or reduced their stakes in CBZ. Summit Creek Advisors LLC boosted its holdings in shares of CBIZ by 19.9% during the 4th quarter. Summit Creek Advisors LLC now owns 304,076 shares of the business services provider's stock valued at $24,883,000 after buying an additional 50,435 shares in the last quarter. Vanguard Group Inc. boosted its stake in CBIZ by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 4,716,456 shares of the business services provider's stock worth $385,948,000 after acquiring an additional 43,784 shares in the last quarter. Bridge City Capital LLC grew its holdings in CBIZ by 8.3% in the fourth quarter. Bridge City Capital LLC now owns 84,479 shares of the business services provider's stock worth $6,913,000 after purchasing an additional 6,451 shares during the period. KLP Kapitalforvaltning AS bought a new position in shares of CBIZ during the fourth quarter valued at approximately $769,000. Finally, Sei Investments Co. increased its stake in shares of CBIZ by 1.5% during the fourth quarter. Sei Investments Co. now owns 37,401 shares of the business services provider's stock valued at $3,061,000 after purchasing an additional 549 shares in the last quarter. Institutional investors own 87.44% of the company's stock.

Analyst Ratings Changes

CBZ has been the topic of a number of analyst reports. StockNews.com cut CBIZ from a "hold" rating to a "sell" rating in a research report on Tuesday, February 25th. William Blair reissued an "outperform" rating on shares of CBIZ in a report on Thursday, February 27th.

CBIZ Stock Down 0.2 %

CBIZ stock traded down $0.14 during trading hours on Friday, hitting $75.05. The stock had a trading volume of 280,765 shares, compared to its average volume of 317,538. The stock's 50-day moving average price is $80.27 and its 200-day moving average price is $76.68. The stock has a market capitalization of $4.03 billion, a P/E ratio of 31.80 and a beta of 0.99. CBIZ, Inc. has a 12-month low of $62.66 and a 12-month high of $90.13. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 0.36.

Insider Activity at CBIZ

In related news, Director Benaree Pratt Wiley sold 6,526 shares of the company's stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $71.75, for a total value of $468,240.50. Following the transaction, the director now directly owns 41,759 shares of the company's stock, valued at approximately $2,996,208.25. This represents a 13.52 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 5.40% of the stock is owned by 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.