Jane Street Group LLC Has $1.72 Million Holdings in CBIZ, Inc. (NYSE:CBZ)

Jane Street Group LLC lowered its position in CBIZ, Inc. (NYSE:CBZ - Free Report) by 58.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,026 shares of the business services provider's stock after selling 29,474 shares during the quarter. Jane Street Group LLC's holdings in CBIZ were worth $1,721,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the company. Arizona State Retirement System lifted its position in shares of CBIZ by 1.0% during the 4th quarter. Arizona State Retirement System now owns 13,112 shares of the business services provider's stock worth $1,073,000 after buying an additional 125 shares during the period. Corient Private Wealth LLC raised its stake in CBIZ by 1.4% during the fourth quarter. Corient Private Wealth LLC now owns 9,510 shares of the business services provider's stock worth $778,000 after acquiring an additional 128 shares in the last quarter. Kensington Investment Counsel LLC lifted its holdings in shares of CBIZ by 0.7% during the fourth quarter. Kensington Investment Counsel LLC now owns 20,211 shares of the business services provider's stock valued at $1,654,000 after acquiring an additional 132 shares during the period. SG Americas Securities LLC lifted its holdings in shares of CBIZ by 7.2% during 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. Finally, Huntington National Bank boosted its stake in shares of CBIZ by 9.4% in the 4th quarter. Huntington National Bank now owns 2,220 shares of the business services provider's stock valued at $182,000 after purchasing an additional 191 shares in the last quarter. Institutional investors and hedge funds own 87.44% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on CBZ. William Blair reiterated an "outperform" rating on shares of CBIZ in a research report on Friday, April 25th. StockNews.com cut shares of CBIZ from a "hold" rating to a "sell" rating in a research note on Tuesday, February 25th.

CBIZ Stock Performance

CBZ stock traded down $1.82 during trading hours on Wednesday, reaching $71.78. The stock had a trading volume of 252,153 shares, compared to its average volume of 346,025. The stock has a 50-day simple moving average of $73.35 and a 200 day simple moving average of $78.46. CBIZ, Inc. has a fifty-two week low of $62.66 and a fifty-two week high of $90.13. The stock has a market capitalization of $3.90 billion, a PE ratio of 30.41 and a beta of 0.91. 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 (NYSE:CBZ - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The business services provider reported $2.29 EPS for the quarter, topping analysts' consensus estimates of $2.11 by $0.18. The business had revenue of $838.01 million during the quarter, compared to analysts' expectations of $860.25 million. CBIZ had a return on equity of 15.12% and a net margin of 7.08%. CBIZ's quarterly revenue was up 69.5% on a year-over-year basis. During the same quarter last year, the company posted $1.54 earnings per share. Analysts predict that CBIZ, Inc. will post 2.65 EPS for the current fiscal year.

Insider Activity at CBIZ

In other CBIZ news, Director Benaree Pratt Wiley sold 6,526 shares of the company's stock in a transaction 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 directly owns 41,759 shares in the company, valued at $2,996,208.25. The trade was a 13.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 4.95% of the stock is owned by company insiders.

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.