33,541 Shares in CBIZ, Inc. (CBZ) Acquired by First Quadrant L P CA

First Quadrant L P CA acquired a new stake in CBIZ, Inc. (NYSE:CBZ) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 33,541 shares of the business services provider’s stock, valued at approximately $545,000. First Quadrant L P CA owned approximately 0.06% of CBIZ as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in CBZ. Dimensional Fund Advisors LP boosted its position in CBIZ by 1.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 4,571,940 shares of the business services provider’s stock valued at $68,580,000 after buying an additional 54,348 shares during the period. Vanguard Group Inc. boosted its position in CBIZ by 4.9% during the 2nd quarter. Vanguard Group Inc. now owns 2,302,818 shares of the business services provider’s stock valued at $34,542,000 after buying an additional 108,000 shares during the period. State Street Corp boosted its position in CBIZ by 6.0% during the 2nd quarter. State Street Corp now owns 1,000,676 shares of the business services provider’s stock valued at $15,016,000 after buying an additional 56,421 shares during the period. Northern Trust Corp boosted its position in CBIZ by 22.2% during the 2nd quarter. Northern Trust Corp now owns 984,960 shares of the business services provider’s stock valued at $14,775,000 after buying an additional 179,219 shares during the period. Finally, Phocas Financial Corp. boosted its position in CBIZ by 4.7% during the 2nd quarter. Phocas Financial Corp. now owns 914,308 shares of the business services provider’s stock valued at $13,715,000 after buying an additional 40,780 shares during the period. 84.66% of the stock is owned by institutional investors.

In related news, insider Chris Spurio sold 16,250 shares of the stock in a transaction dated Tuesday, September 12th. The shares were sold at an average price of $15.18, for a total value of $246,675.00. Following the completion of the transaction, the insider now directly owns 191,293 shares in the company, valued at approximately $2,903,827.74. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Ware H. Grove sold 25,000 shares of the stock in a transaction dated Thursday, August 31st. The stock was sold at an average price of $15.06, for a total transaction of $376,500.00. Following the completion of the transaction, the insider now owns 282,172 shares of the company’s stock, valued at $4,249,510.32. The disclosure for this sale can be found here. Company insiders own 6.90% of the company’s stock.

Shares of CBIZ, Inc. (NYSE:CBZ) opened at $15.05 on Tuesday. CBIZ, Inc. has a 12-month low of $11.60 and a 12-month high of $17.25. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.54 and a quick ratio of 1.54. The company has a market cap of $828.25, a PE ratio of 18.42 and a beta of 0.85.

CBIZ (NYSE:CBZ) last posted its earnings results on Thursday, November 2nd. The business services provider reported $0.18 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.22 by ($0.04). CBIZ had a return on equity of 8.94% and a net margin of 5.34%. The company had revenue of $207.70 million during the quarter, compared to analysts’ expectations of $212.66 million. During the same period in the prior year, the business posted $0.20 earnings per share. The company’s revenue for the quarter was up 4.0% on a year-over-year basis. research analysts predict that CBIZ, Inc. will post 0.84 earnings per share for the current year.

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CBZ has been the subject of several analyst reports. ValuEngine raised shares of CBIZ from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. BidaskClub cut shares of CBIZ from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Finally, Zacks Investment Research cut shares of CBIZ from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 3rd.

CBIZ Profile

CBIZ, Inc (CBIZ) is engaged in the professional services business. The Company operates its professional services business through acquiring and integrating accounting and financial service providers, group health benefits consulting firms, property and casualty brokerage firms, payroll service providers, and valuation and other service firms throughout the United States.

Institutional Ownership by Quarter for CBIZ (NYSE:CBZ)

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