Aperio Group LLC increased its stake in CBIZ, Inc. (NYSE:CBZ) by 6.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 57,387 shares of the business services provider’s stock after purchasing an additional 3,560 shares during the quarter. Aperio Group LLC owned approximately 0.10% of CBIZ worth $1,201,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. Victory Capital Management Inc. raised its holdings in shares of CBIZ by 15.0% in the 1st quarter. Victory Capital Management Inc. now owns 45,790 shares of the business services provider’s stock worth $958,000 after purchasing an additional 5,983 shares during the period. Robeco Institutional Asset Management B.V. bought a new stake in CBIZ during the 1st quarter valued at $3,254,000. Dupont Capital Management Corp bought a new stake in CBIZ during the 1st quarter valued at $450,000. CWM LLC bought a new stake in CBIZ during the 1st quarter valued at $774,000. Finally, Trust Co. of Vermont bought a new stake in CBIZ during the 1st quarter valued at $69,000. 88.75% of the stock is currently owned by institutional investors.

In related news, Director Benaree Pratt Wiley sold 1,600 shares of the company’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $20.24, for a total value of $32,384.00. Following the completion of the transaction, the director now directly owns 9,202 shares in the company, valued at $186,248.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Joseph S. Dimartino sold 3,053 shares of the company’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $21.27, for a total transaction of $64,937.31. Following the completion of the transaction, the director now owns 47,865 shares of the company’s stock, valued at $1,018,088.55. The disclosure for this sale can be found here. Insiders have sold a total of 8,749 shares of company stock valued at $204,145 over the last 90 days. Company insiders own 7.40% of the company’s stock.

A number of equities research analysts have issued reports on the stock. ValuEngine raised shares of CBIZ from a “sell” rating to a “hold” rating in a report on Tuesday, March 3rd. TheStreet raised shares of CBIZ from a “c+” rating to a “b” rating in a report on Wednesday, May 6th. CJS Securities raised shares of CBIZ from a “market perform” rating to an “outperform” rating in a report on Tuesday, March 31st. Finally, Zacks Investment Research cut shares of CBIZ from a “buy” rating to a “hold” rating in a report on Wednesday, May 6th.

CBZ opened at $22.27 on Friday. The company has a fifty day moving average price of $21.94 and a 200-day moving average price of $25.09. The firm has a market capitalization of $1.21 billion, a P/E ratio of 17.66 and a beta of 0.62. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.18 and a quick ratio of 2.18. CBIZ, Inc. has a one year low of $16.85 and a one year high of $28.73.

CBIZ (NYSE:CBZ) last released its quarterly earnings results on Wednesday, May 6th. The business services provider reported $0.66 EPS for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.05). The firm had revenue of $277.50 million for the quarter, compared to analysts’ expectations of $277.61 million. CBIZ had a net margin of 7.33% and a return on equity of 10.74%. The firm’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.67 earnings per share. On average, analysts expect that CBIZ, Inc. will post 1.25 earnings per share for the current year.

CBIZ Company Profile

CBIZ, Inc provides professional business services, products, and solutions that help its clients in managing finances and employees. It offers its services through three groups: Financial Services, Benefits and Insurance Services, and National Practices. The Financial Services group provides accounting and tax, government healthcare consulting, financial advisory, valuation, and risk and advisory services.

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Institutional Ownership by Quarter for CBIZ (NYSE:CBZ)

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