Tudor Investment Corp Et Al Invests $201,000 in CBIZ, Inc. (NYSE:CBZ)

Tudor Investment Corp Et Al purchased a new position in shares of CBIZ, Inc. (NYSE:CBZ – Get Rating) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 4,695 shares of the business services provider’s stock, valued at approximately $201,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Rockefeller Capital Management L.P. boosted its stake in shares of CBIZ by 179.9% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 1,198 shares of the business services provider’s stock worth $51,000 after acquiring an additional 770 shares during the last quarter. Macquarie Group Ltd. boosted its stake in shares of CBIZ by 113.6% during the 2nd quarter. Macquarie Group Ltd. now owns 1,566 shares of the business services provider’s stock worth $62,000 after acquiring an additional 833 shares during the last quarter. Wipfli Financial Advisors LLC purchased a new position in shares of CBIZ during the 3rd quarter worth $134,000. Dark Forest Capital Management LP boosted its stake in shares of CBIZ by 70,640.0% during the 2nd quarter. Dark Forest Capital Management LP now owns 3,537 shares of the business services provider’s stock worth $141,000 after acquiring an additional 3,532 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its stake in shares of CBIZ by 66.3% during the 3rd quarter. Tower Research Capital LLC TRC now owns 3,304 shares of the business services provider’s stock worth $142,000 after acquiring an additional 1,317 shares during the last quarter. Hedge funds and other institutional investors own 88.74% of the company’s stock.

CBIZ Stock Down 1.7 %

CBZ opened at $47.79 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.11 and a current ratio of 1.11. CBIZ, Inc. has a fifty-two week low of $37.01 and a fifty-two week high of $51.85. The firm’s fifty day moving average is $48.21 and its 200 day moving average is $47.09. The stock has a market cap of $2.41 billion, a price-to-earnings ratio of 23.90 and a beta of 0.76.

CBIZ (NYSE:CBZ – Get Rating) last released its earnings results on Thursday, February 16th. The business services provider reported ($0.21) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.21). CBIZ had a net margin of 7.46% and a return on equity of 14.76%. The company had revenue of $295.00 million for the quarter, compared to analysts’ expectations of $281.56 million. During the same quarter in the previous year, the company earned ($0.19) EPS. CBIZ’s revenue for the quarter was up 21.5% on a year-over-year basis. On average, sell-side analysts forecast that CBIZ, Inc. will post 2.4 earnings per share for the current fiscal year.

Insider Activity at CBIZ

In related news, insider Michael P. Kouzelos sold 47,125 shares of CBIZ stock in a transaction on Monday, February 27th. The shares were sold at an average price of $51.23, for a total transaction of $2,414,213.75. Following the transaction, the insider now owns 313,003 shares in the company, valued at approximately $16,035,143.69. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 6.80% of the stock is owned by corporate insiders.

CBIZ Company Profile

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CBIZ, Inc engages in the provision of financial, insurance, and advisory services. It operates through the following segments: Financial Services, Benefits and Insurance Services, National Practices, and Corporate and Other. The Financial Services segment offers accounting, tax, government health care consulting, financial advisory, valuation, and risk advisory services.