Ifrah Financial Services Inc. Sells 129 Shares of CBIZ, Inc. (NYSE:CBZ)

Ifrah Financial Services Inc. decreased its stake in shares of CBIZ, Inc. (NYSE:CBZ) by 2.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,769 shares of the business services provider’s stock after selling 129 shares during the period. Ifrah Financial Services Inc.’s holdings in CBIZ were worth $472,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Retirement Systems of Alabama grew its position 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 purchasing an additional 8,032 shares in the last quarter. Victory Capital Management Inc. grew its position in shares of CBIZ by 22.2% in the 3rd 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 period. Cannon Global Investment Management LLC bought a new position in shares of CBIZ in the 3rd quarter valued at about $740,000. Quantbot Technologies LP grew its position in shares of CBIZ by 960.9% in the 3rd 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 period. Finally, Citigroup Inc. grew its position in shares of CBIZ by 205.1% in the 3rd quarter. Citigroup Inc. now owns 53,204 shares of the business services provider’s stock valued at $3,580,000 after acquiring an additional 35,768 shares during the period. Institutional investors own 87.44% of the company’s stock.

CBIZ Stock Performance

NYSE CBZ opened at $86.82 on Monday. The firm has a 50-day moving average of $83.39 and a 200-day moving average of $75.53. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.49 and a current ratio of 1.49. The stock has a market cap of $4.36 billion, a PE ratio of 36.79 and a beta of 0.95. CBIZ, Inc. has a 52-week low of $62.65 and a 52-week high of $89.25.

Analyst Ratings Changes

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

CBIZ 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.