Barclays PLC Has $5.30 Million Stock Holdings in CBIZ, Inc. (NYSE:CBZ)

Barclays PLC boosted its position in shares of CBIZ, Inc. (NYSE:CBZ - Free Report) by 362.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 78,711 shares of the business services provider's stock after buying an additional 61,679 shares during the period. Barclays PLC owned approximately 0.16% of CBIZ worth $5,298,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. AQR Capital Management LLC boosted its position in shares of CBIZ by 1.2% during the 2nd quarter. AQR Capital Management LLC now owns 14,960 shares of the business services provider's stock worth $1,109,000 after acquiring an additional 176 shares in the last quarter. Inspire Investing LLC increased its stake in shares of CBIZ by 4.2% in the 2nd quarter. Inspire Investing LLC now owns 4,757 shares of the business services provider's stock valued at $352,000 after purchasing an additional 190 shares during the last quarter. US Bancorp DE raised its holdings in shares of CBIZ by 16.1% during the 3rd quarter. US Bancorp DE now owns 1,796 shares of the business services provider's stock worth $121,000 after buying an additional 249 shares in the last quarter. Arizona State Retirement System lifted its position in shares of CBIZ by 2.2% during the 2nd quarter. Arizona State Retirement System now owns 12,603 shares of the business services provider's stock worth $934,000 after buying an additional 275 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in CBIZ by 1.7% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 16,514 shares of the business services provider's stock valued at $1,111,000 after buying an additional 279 shares in the last quarter. 87.44% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of CBIZ from a "sell" rating to a "hold" rating in a research note on Thursday.

CBIZ Price Performance

Shares of NYSE:CBZ traded up $0.82 during trading on Friday, hitting $81.25. 564,315 shares of the company were exchanged, compared to its average volume of 319,395. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 0.36. CBIZ, Inc. has a 1-year low of $60.59 and a 1-year high of $86.36. The company has a market capitalization of $4.08 billion, a P/E ratio of 34.43 and a beta of 0.95. The business's 50 day moving average is $75.48 and its 200-day moving average is $73.59.

CBIZ (NYSE:CBZ - Get Free Report) last announced its quarterly earnings results on Tuesday, October 29th. The business services provider reported $0.84 EPS for the quarter, beating analysts' consensus estimates of $0.76 by $0.08. CBIZ had a return on equity of 15.12% and a net margin of 7.08%. The firm had revenue of $438.90 million for the quarter, compared to analyst estimates of $440.16 million. During the same period last year, the firm posted $0.66 earnings per share. The business's revenue for the quarter was up 6.9% on a year-over-year basis. Equities analysts forecast that CBIZ, Inc. will post 2.65 earnings per share for the current year.

CBIZ Company 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.