Venturi Wealth Management LLC Buys Shares of 1,350 CBIZ, Inc. (NYSE:CBZ)

Venturi Wealth Management LLC purchased a new stake in shares of CBIZ, Inc. (NYSE:CBZ) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 1,350 shares of the business services provider’s stock, valued at approximately $110,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in CBZ. Signaturefd LLC lifted its position in shares of CBIZ by 55.8% in the third quarter. Signaturefd LLC now owns 961 shares of the business services provider’s stock worth $65,000 after buying an additional 344 shares in the last quarter. Quarry LP raised its holdings in shares of CBIZ by 6,335.3% during the 3rd quarter. Quarry LP now owns 1,094 shares of the business services provider’s stock worth $74,000 after acquiring an additional 1,077 shares in the last quarter. KBC Group NV raised its holdings in shares of CBIZ by 29.7% during the 3rd quarter. KBC Group NV now owns 1,553 shares of the business services provider’s stock worth $105,000 after acquiring an additional 356 shares in the last quarter. US Bancorp DE lifted its position in CBIZ by 16.1% during the third quarter. US Bancorp DE now owns 1,796 shares of the business services provider’s stock valued at $121,000 after purchasing an additional 249 shares during the last quarter. Finally, Nisa Investment Advisors LLC lifted its stake in shares of CBIZ by 31.2% in the 4th quarter. Nisa Investment Advisors LLC now owns 2,227 shares of the business services provider’s stock valued at $182,000 after purchasing an additional 529 shares during the last quarter. Hedge funds and other institutional investors own 87.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised CBIZ from a “sell” rating to a “hold” rating in a research report on Friday, December 27th.

CBIZ Price Performance

Shares of CBZ stock opened at $83.89 on Monday. The stock’s 50-day moving average is $84.10 and its 200 day moving average is $76.08. CBIZ, Inc. has a 1-year low of $62.65 and a 1-year high of $89.25. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.49 and a quick ratio of 1.49. The company has a market cap of $4.21 billion, a P/E ratio of 35.55 and a beta of 0.95.

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.