CBIZ, Inc. (NYSE:CBZ) insider Michael P. Kouzelos sold 35,000 shares of the business’s stock in a transaction on Tuesday, December 12th. The stock was sold at an average price of $14.95, for a total transaction of $523,250.00. Following the completion of the sale, the insider now owns 287,972 shares in the company, valued at approximately $4,305,181.40. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Shares of CBIZ, Inc. (NYSE:CBZ) opened at $14.90 on Friday. The company has a market cap of $817.28, a price-to-earnings ratio of 18.17 and a beta of 0.79. CBIZ, Inc. has a one year low of $12.70 and a one year high of $17.25. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.39.

CBIZ (NYSE:CBZ) last announced its quarterly earnings results on Thursday, November 2nd. The business services provider reported $0.18 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.04). The company had revenue of $207.70 million during the quarter, compared to analysts’ expectations of $212.66 million. CBIZ had a return on equity of 8.94% and a net margin of 5.34%. The firm’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.20 EPS. equities analysts forecast that CBIZ, Inc. will post 0.84 earnings per share for the current year.

A number of hedge funds have recently made changes to their positions in CBZ. Vanguard Group Inc. increased its holdings in shares of CBIZ by 6.9% in the 1st quarter. Vanguard Group Inc. now owns 2,194,818 shares of the business services provider’s stock worth $29,740,000 after buying an additional 141,845 shares during the last quarter. Schwab Charles Investment Management Inc. increased its holdings in shares of CBIZ by 7.8% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 291,982 shares of the business services provider’s stock worth $3,957,000 after buying an additional 21,209 shares during the last quarter. Credit Suisse AG increased its holdings in shares of CBIZ by 9.9% in the 1st quarter. Credit Suisse AG now owns 59,800 shares of the business services provider’s stock worth $811,000 after buying an additional 5,369 shares during the last quarter. Aperio Group LLC increased its holdings in shares of CBIZ by 88.0% in the 2nd quarter. Aperio Group LLC now owns 40,095 shares of the business services provider’s stock worth $601,000 after buying an additional 18,770 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in shares of CBIZ by 21.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 372,316 shares of the business services provider’s stock worth $5,585,000 after buying an additional 66,066 shares during the last quarter. Institutional investors and hedge funds own 84.15% of the company’s stock.

CBZ has been the topic of several research analyst reports. Zacks Investment Research cut shares of CBIZ from a “hold” rating to a “sell” rating in a research note on Monday, November 6th. ValuEngine upgraded shares of CBIZ from a “hold” rating to a “buy” rating in a research note on Friday, September 1st.

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About CBIZ

CBIZ, Inc (CBIZ) is engaged in the professional services business. The Company operates its professional services business through acquiring and integrating accounting and financial service providers, group health benefits consulting firms, property and casualty brokerage firms, payroll service providers, and valuation and other service firms throughout the United States.

Insider Buying and Selling by Quarter for CBIZ (NYSE:CBZ)

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