Roundview Capital LLC Has $3.07 Million Holdings in CBIZ, Inc. (NYSE:CBZ)

Roundview Capital LLC lessened its stake in CBIZ, Inc. (NYSE:CBZ - Free Report) by 8.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 40,423 shares of the business services provider's stock after selling 3,877 shares during the period. Roundview Capital LLC owned about 0.07% of CBIZ worth $3,066,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in CBZ. Invesco Ltd. boosted its holdings in CBIZ by 157.2% in the fourth quarter. Invesco Ltd. now owns 769,209 shares of the business services provider's stock worth $62,944,000 after purchasing an additional 470,095 shares during the period. Wellington Management Group LLP acquired a new position in CBIZ in the fourth quarter worth $32,859,000. Capital World Investors boosted its holdings in CBIZ by 37.6% in the fourth quarter. Capital World Investors now owns 1,134,585 shares of the business services provider's stock worth $92,843,000 after purchasing an additional 309,785 shares during the period. Waters Parkerson & CO. LLC acquired a new position in CBIZ in the fourth quarter worth $23,383,000. Finally, SG Capital Management LLC acquired a new position in CBIZ in the fourth quarter worth $20,543,000. Institutional investors and hedge funds own 87.44% of the company's stock.

CBIZ Stock Performance

Shares of CBZ traded up $1.16 during midday trading on Friday, hitting $77.72. 352,874 shares of the stock traded hands, compared to its average volume of 539,694. CBIZ, Inc. has a 1-year low of $62.65 and a 1-year high of $90.13. The firm has a market capitalization of $4.23 billion, a PE ratio of 52.87 and a beta of 0.91. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.52 and a current ratio of 1.52. The business's 50 day moving average price is $72.28 and its two-hundred day moving average price is $75.92.

CBIZ (NYSE:CBZ - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The business services provider reported $2.29 earnings per share for the quarter, topping the consensus estimate of $2.11 by $0.18. The business had revenue of $838.01 million during the quarter, compared to the consensus estimate of $860.25 million. CBIZ had a net margin of 4.03% and a return on equity of 14.83%. The company's quarterly revenue was up 69.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.54 earnings per share. Equities research analysts predict that CBIZ, Inc. will post 2.65 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, William Blair reaffirmed an "outperform" rating on shares of CBIZ in a report on Friday, April 25th.

CBIZ Company 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.