Vista Finance LLC Makes New $229,000 Investment in CBIZ, Inc. (NYSE:CBZ)

Vista Finance LLC purchased a new stake in CBIZ, Inc. (NYSE:CBZ) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 2,802 shares of the business services provider’s stock, valued at approximately $229,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. State Street Corp lifted its position in CBIZ by 0.9% in the 3rd quarter. State Street Corp now owns 1,130,848 shares of the business services provider’s stock valued at $76,095,000 after acquiring an additional 10,555 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in shares of CBIZ by 1.0% in the third quarter. Allspring Global Investments Holdings LLC now owns 1,125,766 shares of the business services provider’s stock valued at $75,753,000 after purchasing an additional 11,401 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of CBIZ by 1.1% during the third quarter. Geode Capital Management LLC now owns 1,109,074 shares of the business services provider’s stock worth $74,644,000 after buying an additional 11,615 shares during the period. Premier Fund Managers Ltd grew its holdings in shares of CBIZ by 14.0% during the third quarter. Premier Fund Managers Ltd now owns 813,698 shares of the business services provider’s stock worth $54,375,000 after buying an additional 100,000 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in CBIZ by 7.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 704,888 shares of the business services provider’s stock valued at $47,432,000 after buying an additional 48,979 shares during the last quarter. Institutional investors and hedge funds own 87.44% of the company’s stock.

Wall Street Analysts Forecast Growth

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

CBIZ Stock Down 1.1 %

Shares of CBZ stock opened at $86.82 on Friday. The firm’s fifty day moving average price is $83.39 and its two-hundred day moving average price is $75.48. CBIZ, Inc. has a 1 year low of $62.65 and a 1 year high of $89.25. 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 firm has a market capitalization of $4.36 billion, a P/E ratio of 36.79 and a beta of 0.95.

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.