CBIZ, Inc. (NYSE:CBZ) has been assigned an average broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a hold recommendation.

Zacks has also assigned CBIZ an industry rank of 214 out of 265 based on the ratings given to its competitors.

CBZ has been the subject of a number of recent analyst reports. Zacks Investment Research upgraded shares of CBIZ from a “sell” rating to a “hold” rating in a report on Tuesday, January 2nd. ValuEngine downgraded shares of CBIZ from a “buy” rating to a “hold” rating in a report on Friday, December 1st.

Shares of CBIZ (CBZ) traded down $0.15 during midday trading on Thursday, hitting $15.95. 339,079 shares of the stock were exchanged, compared to its average volume of 200,731. The stock has a market capitalization of $874.87, a P/E ratio of 19.69 and a beta of 0.79. CBIZ has a 1-year low of $12.70 and a 1-year high of $17.25. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 0.39.

CBIZ (NYSE:CBZ) last issued its quarterly earnings results on Thursday, November 2nd. The business services provider reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.04). The firm had revenue of $207.70 million for the quarter, compared to analysts’ expectations of $212.66 million. CBIZ had a return on equity of 8.94% and a net margin of 5.34%. The business’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.20 earnings per share. analysts expect that CBIZ will post 0.84 EPS for the current fiscal year.

In related news, Director Steven L. Gerard sold 26,423 shares of the business’s stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of $15.03, for a total value of $397,137.69. Following the completion of the sale, the director now directly owns 349,906 shares in the company, valued at $5,259,087.18. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Steven L. Gerard sold 33,731 shares of the business’s stock in a transaction that occurred on Wednesday, December 13th. The shares were sold at an average price of $15.02, for a total transaction of $506,639.62. Following the completion of the sale, the director now owns 349,363 shares of the company’s stock, valued at $5,247,432.26. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 105,053 shares of company stock valued at $1,575,512. 6.90% of the stock is owned by insiders.

Institutional investors have recently added to or reduced their stakes in the stock. BNP Paribas Arbitrage SA grew its holdings in CBIZ by 147.0% in the second quarter. BNP Paribas Arbitrage SA now owns 9,637 shares of the business services provider’s stock valued at $145,000 after purchasing an additional 5,735 shares during the period. Ameriprise Financial Inc. lifted its position in CBIZ by 0.9% during the second quarter. Ameriprise Financial Inc. now owns 13,840 shares of the business services provider’s stock valued at $208,000 after buying an additional 130 shares in the last quarter. SG Americas Securities LLC acquired a new position in CBIZ during the third quarter valued at approximately $228,000. GSA Capital Partners LLP acquired a new position in CBIZ during the second quarter valued at approximately $272,000. Finally, Legal & General Group Plc lifted its position in CBIZ by 49.6% during the second quarter. Legal & General Group Plc now owns 18,360 shares of the business services provider’s stock valued at $276,000 after buying an additional 6,091 shares in the last quarter. Hedge funds and other institutional investors own 84.14% of the company’s stock.

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CBIZ Company 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.

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