Mawer Investment Management Ltd. decreased its holdings in shares of CBIZ, Inc. (NYSE:CBZ) by 0.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,368,338 shares of the business services provider’s stock after selling 10,762 shares during the period. Mawer Investment Management Ltd.’s holdings in CBIZ were worth $63,021,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of CBZ. Envestnet Asset Management Inc. boosted its position in shares of CBIZ by 10.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 18,524 shares of the business services provider’s stock valued at $424,000 after purchasing an additional 1,698 shares in the last quarter. Nisa Investment Advisors LLC purchased a new stake in CBIZ during the third quarter valued at about $39,000. Alberta Investment Management Corp lifted its stake in CBIZ by 61.2% during the third quarter. Alberta Investment Management Corp now owns 151,183 shares of the business services provider’s stock valued at $3,458,000 after buying an additional 57,368 shares in the last quarter. Whittier Trust Co. purchased a new stake in CBIZ during the third quarter valued at about $114,000. Finally, BNP Paribas Arbitrage SA lifted its stake in CBIZ by 25.0% during the third quarter. BNP Paribas Arbitrage SA now owns 47,966 shares of the business services provider’s stock valued at $1,097,000 after buying an additional 9,589 shares in the last quarter. Institutional investors own 86.39% of the company’s stock.

Shares of NYSE CBZ traded down $0.23 during mid-day trading on Tuesday, reaching $30.03. The company had a trading volume of 6,653 shares, compared to its average volume of 239,936. The stock has a fifty day moving average of $27.28 and a two-hundred day moving average of $25.13. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.43 and a current ratio of 1.43. The company has a market capitalization of $1.64 billion, a price-to-earnings ratio of 21.77 and a beta of 0.58. CBIZ, Inc. has a 12-month low of $16.85 and a 12-month high of $30.67.

CBIZ (NYSE:CBZ) last released its quarterly earnings data on Thursday, February 18th. The business services provider reported ($0.03) EPS for the quarter, hitting analysts’ consensus estimates of ($0.03). CBIZ had a return on equity of 11.27% and a net margin of 8.08%. Sell-side analysts forecast that CBIZ, Inc. will post 1.37 earnings per share for the current fiscal year.

In other CBIZ news, CEO Jerome P. Grisko sold 12,248 shares of CBIZ stock in a transaction on Monday, December 7th. The stock was sold at an average price of $24.78, for a total transaction of $303,505.44. Following the completion of the transaction, the chief executive officer now directly owns 128,642 shares of the company’s stock, valued at $3,187,748.76. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Jerome P. Grisko sold 22,000 shares of CBIZ stock in a transaction on Thursday, December 3rd. The shares were sold at an average price of $24.19, for a total value of $532,180.00. Following the transaction, the chief executive officer now directly owns 128,642 shares of the company’s stock, valued at $3,111,849.98. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 73,300 shares of company stock valued at $1,822,511. 7.40% of the stock is owned by company insiders.

Separately, Zacks Investment Research lowered shares of CBIZ from a “buy” rating to a “hold” rating in a research note on Monday, January 4th.

CBIZ Profile

CBIZ, Inc provides financial, insurance, and advisory services in the United States and Canada. The company's financial services include accounting and tax, government healthcare consulting, financial advisory, valuation, and risk and advisory services. Its benefits and insurance services comprise group health benefits consulting, payroll, property and casualty, and retirement plan services.

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Institutional Ownership by Quarter for CBIZ (NYSE:CBZ)

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