One Wealth Advisors LLC Invests $240,000 in CBIZ, Inc. (NYSE:CBZ)

One Wealth Advisors LLC acquired a new stake in CBIZ, Inc. (NYSE:CBZ) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,929 shares of the business services provider’s stock, valued at approximately $240,000.

Other large investors have also recently added to or reduced their stakes in the company. Retirement Systems of Alabama lifted its holdings in CBIZ by 10.3% in the third quarter. Retirement Systems of Alabama now owns 86,194 shares of the business services provider’s stock valued at $5,800,000 after acquiring an additional 8,032 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in CBIZ by 22.2% in the third quarter. Victory Capital Management Inc. now owns 47,943 shares of the business services provider’s stock valued at $3,226,000 after acquiring an additional 8,695 shares during the last quarter. Cannon Global Investment Management LLC acquired a new position in CBIZ in the third quarter valued at approximately $740,000. Quantbot Technologies LP lifted its holdings in CBIZ by 960.9% in the third quarter. Quantbot Technologies LP now owns 38,850 shares of the business services provider’s stock valued at $2,614,000 after acquiring an additional 35,188 shares during the last quarter. Finally, Artemis Investment Management LLP lifted its holdings in CBIZ by 22.8% in the third quarter. Artemis Investment Management LLP now owns 332,534 shares of the business services provider’s stock valued at $22,376,000 after acquiring an additional 61,754 shares during the last quarter. 87.44% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

CBIZ Stock Up 0.3 %

Shares of NYSE CBZ opened at $86.04 on Tuesday. The firm has a market cap of $4.32 billion, a price-to-earnings ratio of 36.46 and a beta of 0.95. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 0.36. CBIZ, Inc. has a 52-week low of $62.65 and a 52-week high of $86.72. The business’s 50 day moving average is $82.38 and its two-hundred day moving average is $75.24.

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.