CBIZ (NYSE:CBZ) Given Outperform Rating at William Blair

William Blair reaffirmed their outperform rating on shares of CBIZ (NYSE:CBZ) in a report published on Thursday morning,RTT News reports.

Separately, StockNews.com lowered shares of CBIZ from a “hold” rating to a “sell” rating in a research report on Tuesday, February 25th.

CBIZ Stock Performance

CBZ opened at $78.24 on Thursday. The firm has a market cap of $3.93 billion, a P/E ratio of 33.15 and a beta of 0.95. CBIZ has a 1-year low of $62.65 and a 1-year high of $90.13. The company has a 50 day simple moving average of $84.16 and a two-hundred day simple moving average of $76.48. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.49 and a quick ratio of 1.49.

Hedge Funds Weigh In On CBIZ

Hedge funds have recently modified their holdings of the stock. McIlrath & Eck LLC lifted its holdings in shares of CBIZ by 193.2% in the fourth quarter. McIlrath & Eck LLC now owns 557 shares of the business services provider’s stock worth $46,000 after buying an additional 367 shares in the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of CBIZ by 75.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 644 shares of the business services provider’s stock worth $53,000 after buying an additional 276 shares in the last quarter. VisionPoint Advisory Group LLC purchased a new position in shares of CBIZ in the fourth quarter worth $60,000. Quarry LP lifted its holdings in shares of CBIZ by 6,335.3% in the third quarter. Quarry LP now owns 1,094 shares of the business services provider’s stock worth $74,000 after buying an additional 1,077 shares in the last quarter. Finally, KBC Group NV lifted its holdings in shares of CBIZ by 29.7% in the third quarter. KBC Group NV now owns 1,553 shares of the business services provider’s stock worth $105,000 after buying an additional 356 shares in the last quarter. Hedge funds and other institutional investors own 87.44% of the company’s stock.

About CBIZ

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.