Callan Family Office LLC Buys New Stake in CBIZ, Inc. (NYSE:CBZ)

Callan Family Office LLC bought a new position in CBIZ, Inc. (NYSE:CBZ) during the 4th quarter, Holdings Channel reports. The fund bought 11,934 shares of the business services provider’s stock, valued at approximately $977,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Smartleaf Asset Management LLC grew its position 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 valued at $53,000 after purchasing an additional 276 shares during the last quarter. VisionPoint Advisory Group LLC bought a new position in CBIZ during the fourth quarter valued at about $60,000. Quarry LP raised its holdings in CBIZ by 6,335.3% in the 3rd quarter. Quarry LP now owns 1,094 shares of the business services provider’s stock valued at $74,000 after acquiring an additional 1,077 shares in the last quarter. Venturi Wealth Management LLC bought a new stake in shares of CBIZ in the 4th quarter worth approximately $110,000. Finally, KBC Group NV grew 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 purchasing an additional 356 shares in the last quarter. Institutional investors and hedge funds own 87.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. StockNews.com cut CBIZ from a “hold” rating to a “sell” rating in a research report on Tuesday, February 25th. William Blair reaffirmed an “outperform” rating on shares of CBIZ in a report on Thursday, February 27th.

CBIZ Trading Up 1.6 %

CBZ stock opened at $72.78 on Friday. CBIZ, Inc. has a 1-year low of $62.65 and a 1-year high of $90.13. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 0.36. The business’s 50 day moving average is $83.36 and its 200-day moving average is $76.63. The firm has a market cap of $3.91 billion, a P/E ratio of 30.84 and a beta of 0.99.

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.