CBIZ, Inc. (NYSE:CBZ - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $87.09 and last traded at $86.91, with a volume of 15420 shares traded. The stock had previously closed at $85.74.
Wall Street Analyst Weigh In
Separately, StockNews.com upgraded CBIZ from a "sell" rating to a "hold" rating in a research note on Friday, December 27th.
Check Out Our Latest Research Report on CBIZ
CBIZ Stock Performance
The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 0.36. The stock has a market cap of $4.41 billion, a P/E ratio of 37.25 and a beta of 0.95. The firm's 50-day moving average is $82.76 and its two-hundred day moving average is $75.38.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the business. Smartleaf Asset Management LLC increased its position in CBIZ by 75.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 644 shares of the business services provider's stock worth $53,000 after buying an additional 276 shares during the last quarter. VisionPoint Advisory Group LLC acquired a new position in shares of CBIZ during the 4th quarter valued at about $60,000. Signaturefd LLC increased its holdings in shares of CBIZ by 55.8% during the 3rd quarter. Signaturefd LLC now owns 961 shares of the business services provider's stock valued at $65,000 after acquiring an additional 344 shares during the last quarter. Quarry LP raised its stake in shares of CBIZ by 6,335.3% in the 3rd quarter. Quarry LP now owns 1,094 shares of the business services provider's stock valued at $74,000 after acquiring an additional 1,077 shares in the last quarter. Finally, Venturi Wealth Management LLC acquired a new stake in CBIZ in the 4th quarter worth approximately $110,000. Institutional investors own 87.44% of the company's stock.
About CBIZ
(
Get Free Report)
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.
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