Inceptionr LLC Invests $395,000 in CBIZ, Inc. (NYSE:CBZ)

Inceptionr LLC acquired a new position in CBIZ, Inc. (NYSE:CBZ - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,830 shares of the business services provider's stock, valued at approximately $395,000.

Other large investors also recently made changes to their positions in the company. Smartleaf Asset Management LLC grew its holdings in CBIZ by 75.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 644 shares of the business services provider's stock worth $53,000 after acquiring an additional 276 shares during the last quarter. VisionPoint Advisory Group LLC acquired a new position in shares of CBIZ during the fourth quarter worth approximately $60,000. Quarry LP grew its stake in shares of CBIZ by 6,335.3% during the third quarter. Quarry LP now owns 1,094 shares of the business services provider's stock valued at $74,000 after purchasing an additional 1,077 shares during the last quarter. KBC Group NV increased 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 purchasing an additional 356 shares in the last quarter. Finally, Venturi Wealth Management LLC bought a new position in CBIZ in the 4th quarter worth approximately $110,000. Institutional investors own 87.44% of the company's stock.

Insider Activity at CBIZ

In other CBIZ news, Director Benaree Pratt Wiley sold 6,526 shares of CBIZ stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of $71.75, for a total value of $468,240.50. Following the transaction, the director now owns 41,759 shares of the company's stock, valued at approximately $2,996,208.25. The trade was a 13.52 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 5.40% of the stock is currently owned by corporate insiders.

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Analyst Ratings Changes

A number of research analysts have commented on the company. William Blair reiterated an "outperform" rating on shares of CBIZ in a research report on Thursday, February 27th. StockNews.com lowered CBIZ from a "hold" rating to a "sell" rating in a research report on Tuesday, February 25th.

CBIZ Trading Down 1.7 %

Shares of CBIZ stock traded down $1.21 on Wednesday, hitting $68.72. 370,137 shares of the company's stock traded hands, compared to its average volume of 303,651. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.49 and a quick ratio of 1.49. CBIZ, Inc. has a one year low of $62.65 and a one year high of $90.13. The stock has a market capitalization of $3.69 billion, a PE ratio of 29.12 and a beta of 0.99. The firm's 50-day moving average price is $82.90 and its two-hundred day moving average price is $76.64.

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.