Empowered Funds LLC increased its position in shares of CBIZ, Inc. (NYSE:CBZ - Free Report) by 30.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 41,460 shares of the business services provider's stock after buying an additional 9,667 shares during the period. Empowered Funds LLC owned about 0.08% of CBIZ worth $3,393,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in the company. SG Americas Securities LLC boosted its holdings in shares of CBIZ by 7.2% in the fourth quarter. SG Americas Securities LLC now owns 2,536 shares of the business services provider's stock valued at $208,000 after acquiring an additional 170 shares during the period. US Bancorp DE boosted its holdings in shares of CBIZ by 16.1% in the third quarter. US Bancorp DE now owns 1,796 shares of the business services provider's stock valued at $121,000 after acquiring an additional 249 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of 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 acquiring an additional 279 shares during the period. Signaturefd LLC boosted its holdings in shares of CBIZ by 55.8% in the third 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 period. Finally, KBC Group NV boosted its holdings in shares of CBIZ by 29.7% in the third quarter. KBC Group NV now owns 1,553 shares of the business services provider's stock valued at $105,000 after acquiring an additional 356 shares during the period. 87.44% of the stock is currently owned by hedge funds and other institutional investors.
CBIZ Stock Performance
Shares of CBZ stock traded down $1.01 during trading hours on Friday, hitting $86.82. The stock had a trading volume of 197,426 shares, compared to its average volume of 216,343. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.49 and a quick ratio of 1.49. The stock's 50 day moving average is $83.39 and its 200 day moving average is $75.53. CBIZ, Inc. has a twelve month low of $62.65 and a twelve month high of $89.25. The firm has a market capitalization of $4.36 billion, a PE ratio of 36.79 and a beta of 0.95.
Wall Street Analyst Weigh In
Separately, StockNews.com raised CBIZ from a "sell" rating to a "hold" rating in a report on Friday, December 27th.
View Our Latest Analysis on CBZ
CBIZ Company Profile
(
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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