Kavar Capital Partners Group LLC Has $336,000 Stock Position in CBIZ, Inc. (NYSE:CBZ)

Kavar Capital Partners Group LLC lessened its holdings in CBIZ, Inc. (NYSE:CBZ) by 4.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,105 shares of the business services provider’s stock after selling 180 shares during the period. Kavar Capital Partners Group LLC’s holdings in CBIZ were worth $336,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Signaturefd LLC raised its holdings in CBIZ by 55.8% in the 3rd quarter. Signaturefd LLC now owns 961 shares of the business services provider’s stock worth $65,000 after acquiring an additional 344 shares during the period. Quarry LP increased its stake in shares of CBIZ by 6,335.3% in the third quarter. Quarry LP now owns 1,094 shares of the business services provider’s stock worth $74,000 after purchasing an additional 1,077 shares during the period. KBC Group NV increased its stake in shares of CBIZ by 29.7% in the third quarter. KBC Group NV now owns 1,553 shares of the business services provider’s stock worth $105,000 after purchasing an additional 356 shares during the period. US Bancorp DE grew its holdings in shares of CBIZ by 16.1% during the 3rd quarter. US Bancorp DE now owns 1,796 shares of the business services provider’s stock worth $121,000 after purchasing an additional 249 shares in the last quarter. Finally, Nisa Investment Advisors LLC increased its position in shares of CBIZ by 31.2% during the fourth quarter. Nisa Investment Advisors LLC now owns 2,227 shares of the business services provider’s stock valued at $182,000 after purchasing an additional 529 shares during the period. 87.44% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

CBIZ Trading Down 0.3 %

Shares of CBZ opened at $83.98 on Monday. 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 stock has a market cap of $4.21 billion, a PE ratio of 35.58 and a beta of 0.95. CBIZ, Inc. has a 1 year low of $62.65 and a 1 year high of $86.36. The stock has a 50 day simple moving average of $81.57 and a 200-day simple moving average of $75.01.

CBIZ (NYSE:CBZ) last released its quarterly earnings data on Tuesday, October 29th. The business services provider reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.08. CBIZ had a return on equity of 15.12% and a net margin of 7.08%. The firm had revenue of $438.90 million during the quarter, compared to analyst estimates of $440.16 million. During the same period in the prior year, the company posted $0.66 earnings per share. The business’s revenue for the quarter was up 6.9% compared to the same quarter last year. On average, sell-side analysts predict that CBIZ, Inc. will post 2.65 EPS for the current fiscal year.

About CBIZ

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.