7,780 Shares in CBIZ, Inc. (NYSE:CBZ) Bought by Versor Investments LP

Versor Investments LP bought a new position in CBIZ, Inc. (NYSE:CBZ) during the 4th quarter, HoldingsChannel reports. The fund bought 7,780 shares of the business services provider’s stock, valued at approximately $637,000.

A number of other hedge funds have also added to or reduced their stakes in CBZ. VisionPoint Advisory Group LLC purchased a new position in CBIZ during the 4th quarter valued at $60,000. Quarry LP increased its position in CBIZ by 6,335.3% during the 3rd quarter. Quarry LP now owns 1,094 shares of the business services provider’s stock valued at $74,000 after purchasing an additional 1,077 shares during the period. KBC Group NV increased its position in CBIZ by 29.7% during 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 period. Venturi Wealth Management LLC purchased a new position in CBIZ during the 4th quarter valued at $110,000. Finally, US Bancorp DE increased its position in CBIZ by 16.1% during 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 period. 87.44% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. William Blair reissued an “outperform” rating on shares of CBIZ in a research report on Thursday. StockNews.com cut shares of CBIZ from a “hold” rating to a “sell” rating in a report on Tuesday.

CBIZ Stock Performance

Shares of CBZ stock opened at $78.24 on Friday. CBIZ, Inc. has a 12 month low of $62.65 and a 12 month high of $90.13. The stock has a market cap of $3.93 billion, a PE ratio of 33.15 and a beta of 0.95. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 0.36. The company’s fifty day moving average price is $84.16 and its 200-day moving average price is $76.42.

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.