CBIZ, Inc. (NYSE:CBZ) Shares Sold by Chatham Capital Group Inc.

Chatham Capital Group Inc. cut its holdings in shares of CBIZ, Inc. (NYSE:CBZ) by 1.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 50,987 shares of the business services provider’s stock after selling 545 shares during the quarter. Chatham Capital Group Inc. owned about 0.10% of CBIZ worth $4,172,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Arizona State Retirement System boosted its holdings in CBIZ by 1.0% in the 4th quarter. Arizona State Retirement System now owns 13,112 shares of the business services provider’s stock valued at $1,073,000 after purchasing an additional 125 shares during the last quarter. SG Americas Securities LLC boosted 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 purchasing an additional 170 shares during the last quarter. US Bancorp DE boosted its holdings in CBIZ by 16.1% in the 3rd quarter. US Bancorp DE now owns 1,796 shares of the business services provider’s stock valued at $121,000 after purchasing an additional 249 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in CBIZ by 75.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 644 shares of the business services provider’s stock valued at $53,000 after purchasing an additional 276 shares during the last quarter. Finally, KBC Group NV boosted its holdings in CBIZ by 29.7% in the 3rd quarter. KBC Group NV now owns 1,553 shares of the business services provider’s stock valued at $105,000 after purchasing an additional 356 shares during the last quarter. 87.44% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. William Blair reiterated an “outperform” rating on shares of CBIZ in a report on Thursday, February 27th. StockNews.com downgraded shares of CBIZ from a “hold” rating to a “sell” rating in a research note on Tuesday, February 25th.

CBIZ Price Performance

CBIZ stock opened at $71.66 on Friday. The company’s 50 day simple moving average is $83.77 and its 200-day simple moving average is $76.61. The company has a market capitalization of $3.60 billion, a price-to-earnings ratio of 30.36 and a beta of 0.95. CBIZ, Inc. has a 1 year low of $62.65 and a 1 year high of $90.13. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.49 and a current ratio of 1.49.

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.