CBIZ, Inc. (NYSE:CBZ) Director Steven L. Gerard sold 33,731 shares of the firm’s stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of $15.02, for a total transaction of $506,639.62. Following the sale, the director now owns 349,363 shares in the company, valued at $5,247,432.26. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Shares of CBIZ, Inc. (NYSE CBZ) remained flat at $$14.90 during mid-day trading on Thursday. 132,400 shares of the company’s stock traded hands, compared to its average volume of 180,471. The stock has a market capitalization of $817.28, a P/E ratio of 18.17 and a beta of 0.79. CBIZ, Inc. has a 52-week low of $12.70 and a 52-week high of $17.25. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.54 and a current ratio of 1.54.

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

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

Several hedge funds have recently made changes to their positions in the company. Dimensional Fund Advisors LP raised its position in shares of CBIZ by 0.8% during the 3rd quarter. Dimensional Fund Advisors LP now owns 4,607,232 shares of the business services provider’s stock valued at $74,868,000 after purchasing an additional 35,292 shares during the period. Vanguard Group Inc. increased its holdings in CBIZ by 4.9% in the 2nd quarter. Vanguard Group Inc. now owns 2,302,818 shares of the business services provider’s stock valued at $34,542,000 after acquiring an additional 108,000 shares during the last quarter. State Street Corp increased its holdings in CBIZ by 6.0% in the 2nd quarter. State Street Corp now owns 1,000,676 shares of the business services provider’s stock valued at $15,016,000 after acquiring an additional 56,421 shares during the last quarter. Northern Trust Corp increased its holdings in CBIZ by 22.2% in the 2nd quarter. Northern Trust Corp now owns 984,960 shares of the business services provider’s stock valued at $14,775,000 after acquiring an additional 179,219 shares during the last quarter. Finally, Granite Investment Partners LLC increased its holdings in CBIZ by 34.2% in the 3rd quarter. Granite Investment Partners LLC now owns 924,470 shares of the business services provider’s stock valued at $15,022,000 after acquiring an additional 235,783 shares during the last quarter. Hedge funds and other institutional investors own 84.15% of the company’s stock.

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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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