Swiss National Bank Acquires 600 Shares of CBIZ, Inc. (NYSE:CBZ)

Swiss National Bank increased its holdings in CBIZ, Inc. (NYSE:CBZ) by 0.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 88,900 shares of the business services provider’s stock after acquiring an additional 600 shares during the period. Swiss National Bank owned about 0.18% of CBIZ worth $7,275,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Geneva Capital Management LLC lifted its holdings in shares of CBIZ by 49.7% in the fourth quarter. Geneva Capital Management LLC now owns 423,407 shares of the business services provider’s stock valued at $34,647,000 after purchasing an additional 140,493 shares in the last quarter. FMR LLC lifted its position in shares of CBIZ by 27.4% during the third quarter. FMR LLC now owns 594,660 shares of the business services provider’s stock valued at $40,015,000 after purchasing an additional 127,822 shares in the last quarter. Barclays PLC boosted its stake in shares of CBIZ by 362.1% in the 3rd quarter. Barclays PLC now owns 78,711 shares of the business services provider’s stock worth $5,298,000 after buying an additional 61,679 shares during the last quarter. Artemis Investment Management LLP boosted its position in CBIZ by 18.5% in the fourth quarter. Artemis Investment Management LLP now owns 393,910 shares of the business services provider’s stock worth $32,234,000 after purchasing an additional 61,376 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in CBIZ by 7.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 704,888 shares of the business services provider’s stock valued at $47,432,000 after purchasing an additional 48,979 shares during the period. Institutional investors own 87.44% of the company’s stock.

CBIZ Stock Up 0.0 %

Shares of NYSE:CBZ opened at $72.97 on Friday. The company has a market cap of $3.92 billion, a price-to-earnings ratio of 30.92 and a beta of 0.99. CBIZ, Inc. has a one year low of $62.66 and a one year high of $90.13. The firm has a fifty day moving average price of $81.19 and a two-hundred day moving average price of $76.56. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.49 and a quick ratio of 1.49.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on CBZ shares. William Blair reissued an “outperform” rating on shares of CBIZ in a report on Thursday, February 27th. StockNews.com downgraded shares of CBIZ from a “hold” rating to a “sell” rating in a research report on Tuesday, February 25th.

Insider Transactions at CBIZ

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

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.