New York State Common Retirement Fund Sells 3,784 Shares of CBIZ, Inc. (NYSE:CBZ)

New York State Common Retirement Fund cut its holdings in CBIZ, Inc. (NYSE:CBZ - Free Report) by 4.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 79,695 shares of the business services provider's stock after selling 3,784 shares during the period. New York State Common Retirement Fund owned 0.16% of CBIZ worth $6,521,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of CBZ. Creative Planning lifted its position in CBIZ by 10.2% during the third quarter. Creative Planning now owns 17,562 shares of the business services provider's stock valued at $1,182,000 after purchasing an additional 1,630 shares in the last quarter. Signaturefd LLC raised its stake in shares of CBIZ by 55.8% in the third quarter. Signaturefd LLC now owns 961 shares of the business services provider's stock worth $65,000 after buying an additional 344 shares during the period. Assenagon Asset Management S.A. lifted its position in shares of CBIZ by 70.4% during the 3rd quarter. Assenagon Asset Management S.A. now owns 36,800 shares of the business services provider's stock valued at $2,476,000 after buying an additional 15,200 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of CBIZ by 1.7% during the 3rd 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. Finally, US Bancorp DE increased its holdings in CBIZ by 16.1% in the 3rd quarter. US Bancorp DE now owns 1,796 shares of the business services provider's stock worth $121,000 after acquiring an additional 249 shares in the last quarter. Hedge funds and other institutional investors own 87.44% of the company's stock.

CBIZ Price Performance

Shares of NYSE CBZ traded up $0.13 during mid-day trading on Friday, reaching $78.24. The company's stock had a trading volume of 607,999 shares, compared to its average volume of 279,064. The stock has a fifty day moving average of $84.16 and a two-hundred day moving average of $76.48. The firm has a market capitalization of $3.93 billion, a PE ratio of 33.15 and a beta of 0.95. CBIZ, Inc. has a 52 week low of $62.65 and a 52 week high of $90.13. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.49 and a quick ratio of 1.49.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. William Blair reiterated an "outperform" rating on shares of CBIZ in a research report on Thursday. StockNews.com cut shares of CBIZ from a "hold" rating to a "sell" rating in a research note on Tuesday, February 25th.

About CBIZ

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.