CBIZ Stock Holdings and Analyst RatingsCBIZ Stock Holdings and Analyst Ratings Hedge Fund Activity During the first quarter, CANADA LIFE ASSURANCE Co. reduced its stake in CBIZ, Inc. (NYSE: CBZ) by 2.9%, selling 1,302 shares and owning 0.09% of the company at the end of the period. Other hedge funds also made adjustments to their CBZ positions: * Vanguard Group Inc. increased its holdings by 1.2% in the third quarter. * SG Americas Securities LLC acquired a new stake in the fourth quarter. * Assenagon Asset Management SA increased its stake by 167.3% in the fourth quarter. * Mirae Asset Global Investments Co. Ltd. raised its stake by 6.0% in the fourth quarter. * Bleakley Financial Group LLC purchased a new stake in the fourth quarter. CBIZ Stock Metrics As of Tuesday’s opening, CBZ was trading at $84.67, with a market cap of $4.24 billion. The company has a 52-week high of $86.28 and a 52-week low of $49.15. Its debt-to-equity ratio is 0.50, quick ratio is 1.54, and current ratio is 1.54. CBZ’s 50-day moving average is $77.33, and its 200-day moving average is $74.27. Analyst Ratings On July 16, StockNews.com downgraded CBZ from a “hold” rating to a “sell” rating. CBIZ Profile CBIZ, Inc. provides financial, insurance, and advisory services in the United States and Canada. Its segments include: * Financial Services: Accounting and tax, financial advisory, valuation, risk and consulting, and government healthcare consulting. * Benefits and Insurance Services * National Practices
CANADA LIFE ASSURANCE Co reduced its position in CBIZ, Inc. (NYSE:CBZ – Free Report) by 2.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The company owned 43,475 shares of the business services provider after selling 1,302 shares during the quarter. CANADA LIFE ASSURANCE Co owned about 0.09% of CBIZ worth $3,417,000 at the end of the most recent reporting period.
Several other hedge funds have also made changes to their positions in CBZ recently. Vanguard Group Inc. increased its stake in shares of CBIZ by 1.2% in the third quarter. Vanguard Group Inc. now owns 2,667,189 shares of the professional services provider’s stock worth $138,427,000 after purchasing an additional 31,477 shares during the period. SG Americas Securities LLC purchased a new stake in shares of CBIZ during the 4th quarter worth $384,000. Assenagon Asset Management SA increased its stake in shares of CBIZ by 167.3% during the 4th quarter. Assenagon Asset Management SA now owns 93,543 shares of the professional services provider’s stock worth $5,855,000 after purchasing an additional 58,549 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of CBIZ by 6.0% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 23,229 shares of the business services provider’s stock worth $1,454,000 after purchasing an additional 1,325 shares during the period. Finally, Bleakley Financial Group LLC bought a new stake in shares of CBIZ in the 4th quarter worth $238,000. 87.44% of the shares are currently held by institutional investors.
CBIZ stock yield
NYSE:CBZ opened at $84.67 on Tuesday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.54 and a current ratio of 1.54. CBIZ, Inc. has a 52-week low of $49.15 and a 52-week high of $86.28. The company has a market cap of $4.24 billion, a price-to-earnings ratio of 34.28 and a beta of 0.93. The company’s 50-day moving average is $77.33 and its 200-day moving average is $74.27.
Changes in analyst ratings
Separately, StockNews.com downgraded CBIZ from a “hold” rating to a “sell” rating in a research report on Tuesday, July 16.
Read our latest research report on CBZ
CBIZ profile
(Free Report)
CBIZ, Inc. provides financial, insurance, and advisory services in the United States and Canada. It operates through the Financial Services, Benefits and Insurance Services, and National Practices segments. The Financial Services segment provides accounting and tax, financial advisory, valuation, risk and consulting, and government healthcare consulting services.
Also see
Would you like to know which other hedge funds CBZ has in its portfolio? Visit HoldingsChannel.com for the latest 13F filings and insider transactions for CBIZ, Inc. (NYSE:CBZ – Free Report).
Get news and reviews for CBIZ Daily – Enter your email address below to receive a concise daily summary of the latest news and analyst ratings for CBIZ and related companies with MarketBeat.com’s FREE daily email newsletter.
The post CANADA LIFE ASSURANCE Co. Sells 1,302 Shares of CBIZ, Inc. (NYSE:CBZ) first appeared on Frugals ca.
