KBC Group NV Purchases 468 Shares of CBIZ, Inc. (NYSE:CBZ)

KBC Group NV raised its holdings in shares of CBIZ, Inc. (NYSE:CBZ) by 30.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,021 shares of the business services provider’s stock after purchasing an additional 468 shares during the quarter. KBC Group NV’s holdings in CBIZ were worth $165,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. SG Americas Securities LLC grew its holdings in shares of CBIZ by 7.2% during the fourth quarter. SG Americas Securities LLC now owns 2,536 shares of the business services provider’s stock valued at $208,000 after buying an additional 170 shares during the last quarter. AQR Capital Management LLC lifted its position in CBIZ by 1.2% in the 2nd quarter. AQR Capital Management LLC now owns 14,960 shares of the business services provider’s stock valued at $1,109,000 after acquiring an additional 176 shares in the last quarter. US Bancorp DE boosted its stake in CBIZ by 16.1% during the 3rd 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. Wealth Enhancement Advisory Services LLC increased its holdings in CBIZ by 1.7% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 16,514 shares of the business services provider’s stock worth $1,111,000 after purchasing an additional 279 shares in the last quarter. Finally, Signaturefd LLC raised its stake 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 purchasing an additional 344 shares during the last quarter. Institutional investors own 87.44% of the company’s stock.

CBIZ Stock Performance

Shares of CBZ stock opened at $87.42 on Thursday. The firm has a 50-day moving average of $82.53 and a 200-day moving average of $75.33. The company has a market cap of $4.39 billion, a P/E ratio of 37.04 and a beta of 0.95. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.49 and a quick ratio of 1.49. CBIZ, Inc. has a one year low of $62.65 and a one year high of $87.52.

Analysts Set New Price Targets

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

CBIZ Company 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.