12,235 Shares in CBIZ, Inc. (NYSE:CBZ) Acquired by Numerai GP LLC

Numerai GP LLC bought a new position in shares of CBIZ, Inc. (NYSE:CBZ - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 12,235 shares of the business services provider's stock, valued at approximately $1,001,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in CBZ. Barclays PLC increased its holdings in CBIZ by 362.1% in the 3rd quarter. Barclays PLC now owns 78,711 shares of the business services provider's stock worth $5,298,000 after purchasing an additional 61,679 shares in the last quarter. Argent Capital Management LLC grew its holdings in shares of CBIZ by 13.3% during the fourth quarter. Argent Capital Management LLC now owns 86,079 shares of the business services provider's stock worth $7,044,000 after purchasing an additional 10,098 shares during the last quarter. Artemis Investment Management LLP increased its stake in shares of CBIZ by 18.5% in the fourth quarter. Artemis Investment Management LLP now owns 393,910 shares of the business services provider's stock valued at $32,234,000 after buying an additional 61,376 shares during the period. Nisa Investment Advisors LLC increased its stake in shares of CBIZ by 31.2% in the fourth quarter. Nisa Investment Advisors LLC now owns 2,227 shares of the business services provider's stock valued at $182,000 after buying an additional 529 shares during the period. Finally, SG Americas Securities LLC raised its holdings in CBIZ by 7.2% in the 4th quarter. SG Americas Securities LLC now owns 2,536 shares of the business services provider's stock valued at $208,000 after buying an additional 170 shares during the last quarter. Institutional investors own 87.44% of the company's stock.

CBIZ Trading Down 0.2%

Shares of NYSE CBZ traded down $0.17 during trading on Tuesday, reaching $74.09. The company had a trading volume of 39,161 shares, compared to its average volume of 367,794. The stock has a market cap of $4.03 billion, a P/E ratio of 31.39 and a beta of 0.91. The company's fifty day moving average price is $73.25 and its 200-day moving average price is $78.49. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 0.36. CBIZ, Inc. has a 12 month low of $62.65 and a 12 month high of $90.13.

CBIZ (NYSE:CBZ - Get Free Report) last posted its quarterly earnings data 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 company had revenue of $838.01 million for the quarter, compared to analyst estimates of $860.25 million. CBIZ had a return on equity of 15.12% and a net margin of 7.08%. The firm's quarterly revenue was up 69.5% on a year-over-year basis. During the same period in the previous year, the firm earned $1.54 earnings per share. As a group, research analysts expect that CBIZ, Inc. will post 2.65 earnings per share for the current year.

Insider Activity

In related news, Director Benaree Pratt Wiley sold 6,526 shares of CBIZ stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $71.75, for a total transaction of $468,240.50. Following the completion of the transaction, the director now owns 41,759 shares of the company's stock, valued at $2,996,208.25. This trade represents a 13.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 4.95% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on CBZ. StockNews.com lowered shares of CBIZ from a "hold" rating to a "sell" rating in a report on Tuesday, February 25th. William Blair reiterated an "outperform" rating on shares of CBIZ in a report on Friday, April 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.