Advantage Alpha Capital Partners LP Has $3.95 Million Stock Position in CBIZ, Inc. (NYSE:CBZ)

Advantage Alpha Capital Partners LP raised its position in CBIZ, Inc. (NYSE:CBZ) by 33.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 48,299 shares of the business services provider’s stock after buying an additional 12,131 shares during the quarter. Advantage Alpha Capital Partners LP’s holdings in CBIZ were worth $3,952,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in CBZ. Smartleaf Asset Management LLC boosted its position in shares of CBIZ by 75.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 644 shares of the business services provider’s stock worth $53,000 after acquiring an additional 276 shares in the last quarter. VisionPoint Advisory Group LLC acquired a new stake in shares of CBIZ in the 4th quarter valued at $60,000. Quarry LP increased its stake in shares of CBIZ by 6,335.3% in 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 last quarter. Venturi Wealth Management LLC acquired a new position in shares of CBIZ during the 4th quarter worth $110,000. Finally, KBC Group NV lifted its position in shares of CBIZ by 30.1% during the 4th quarter. KBC Group NV now owns 2,021 shares of the business services provider’s stock worth $165,000 after buying an additional 468 shares during the last quarter. 87.44% of the stock is currently owned by institutional investors and hedge funds.

CBIZ Trading Up 0.0 %

Shares of CBZ stock opened at $72.97 on Monday. CBIZ, Inc. has a twelve month low of $62.66 and a twelve month high of $90.13. The stock’s fifty day simple moving average is $81.19 and its 200 day simple moving average is $76.58. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $3.92 billion, a P/E ratio of 30.92 and a beta of 0.99.

Insider Activity

In related news, Director Benaree Pratt Wiley sold 6,526 shares of the firm’s stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of $71.75, for a total value of $468,240.50. Following the completion of the transaction, the director now owns 41,759 shares in the company, valued at $2,996,208.25. This trade represents a 13.52 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 5.40% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on CBZ. StockNews.com cut CBIZ from a “hold” rating to a “sell” rating in a research report on Tuesday, February 25th. William Blair reiterated an “outperform” rating on shares of CBIZ in a research report on Thursday, February 27th.

CBIZ 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.