CBIZ, Inc. (NYSE:CBZ) Shares Acquired by Thompson Siegel & Walmsley LLC

Thompson Siegel & Walmsley LLC increased its stake in CBIZ, Inc. (NYSE:CBZ - Free Report) by 38.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 59,700 shares of the business services provider's stock after acquiring an additional 16,500 shares during the quarter. Thompson Siegel & Walmsley LLC owned approximately 0.12% of CBIZ worth $3,737,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Fortis Group Advisors LLC purchased a new stake in shares of CBIZ during the third quarter worth $45,000. Exchange Traded Concepts LLC purchased a new stake in shares of CBIZ during the fourth quarter worth $172,000. Welch & Forbes LLC purchased a new stake in shares of CBIZ during the fourth quarter worth $212,000. Mackenzie Financial Corp purchased a new stake in shares of CBIZ during the fourth quarter worth $233,000. Finally, Bleakley Financial Group LLC purchased a new stake in shares of CBIZ during the fourth quarter worth $238,000. Hedge funds and other institutional investors own 87.44% of the company's stock.

CBIZ Trading Up 0.7 %

Shares of CBZ stock traded up $0.55 on Friday, hitting $77.00. 146,648 shares of the stock traded hands, compared to its average volume of 280,487. The firm's 50-day moving average price is $75.62 and its two-hundred day moving average price is $66.76. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.54 and a current ratio of 1.54. The stock has a market capitalization of $3.86 billion, a PE ratio of 31.17 and a beta of 0.87. CBIZ, Inc. has a twelve month low of $49.13 and a twelve month high of $79.55.

CBIZ (NYSE:CBZ - Get Free Report) last announced its quarterly earnings results on Thursday, April 25th. The business services provider reported $1.54 earnings per share for the quarter, missing the consensus estimate of $1.57 by ($0.03). The firm had revenue of $494.30 million for the quarter, compared to analyst estimates of $490.88 million. CBIZ had a net margin of 7.65% and a return on equity of 15.43%. The company's revenue was up 8.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.46 EPS. As a group, analysts anticipate that CBIZ, Inc. will post 2.74 EPS for the current year.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of CBIZ from a "hold" rating to a "sell" rating in a report on Friday, April 26th.

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.