Quantbot Technologies LP Makes New Investment in CBIZ, Inc. $CBZ

Quantbot Technologies LP acquired a new stake in CBIZ, Inc. (NYSE:CBZ) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 28,445 shares of the business services provider’s stock, valued at approximately $1,506,000. Quantbot Technologies LP owned 0.05% of CBIZ as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in CBIZ in the 2nd quarter valued at $35,000. Strategic Wealth Investment Group LLC bought a new position in shares of CBIZ in the second quarter valued at $37,000. EverSource Wealth Advisors LLC grew its holdings in shares of CBIZ by 165.4% during the second quarter. EverSource Wealth Advisors LLC now owns 722 shares of the business services provider’s stock valued at $52,000 after buying an additional 450 shares during the last quarter. AlphaQuest LLC increased its position in shares of CBIZ by 6,847.1% during the third quarter. AlphaQuest LLC now owns 1,181 shares of the business services provider’s stock worth $63,000 after acquiring an additional 1,164 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of CBIZ during the second quarter worth about $132,000. 87.44% of the stock is owned by institutional investors and hedge funds.

CBIZ Stock Performance

Shares of CBIZ stock opened at $29.12 on Friday. The business’s fifty day simple moving average is $40.19 and its 200 day simple moving average is $49.66. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.79. CBIZ, Inc. has a 12 month low of $26.97 and a 12 month high of $80.65. The firm has a market capitalization of $1.60 billion, a P/E ratio of 16.45, a price-to-earnings-growth ratio of 0.54 and a beta of 0.94.

CBIZ (NYSE:CBZ) last announced its earnings results on Wednesday, February 25th. The business services provider reported ($0.70) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.66) by ($0.04). CBIZ had a net margin of 4.19% and a return on equity of 12.23%. The business had revenue of $542.66 million for the quarter, compared to analysts’ expectations of $578.02 million. During the same period in the prior year, the business earned ($0.20) earnings per share. The company’s revenue for the quarter was up 17.9% compared to the same quarter last year. CBIZ has set its FY 2026 guidance at 3.750-3.850 EPS. As a group, analysts anticipate that CBIZ, Inc. will post 2.65 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have issued reports on CBZ shares. CJS Securities upgraded CBIZ to a “strong-buy” rating in a research note on Thursday, December 11th. Zacks Research lowered CBIZ from a “hold” rating to a “strong sell” rating in a report on Thursday, February 26th. Deutsche Bank Aktiengesellschaft assumed coverage on CBIZ in a research report on Monday, January 12th. They set a “hold” rating and a $60.00 target price on the stock. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of CBIZ in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $60.00.

CBIZ Company Profile

CBIZ, Inc (NYSE: CBZ), founded in 1996 and headquartered in Cleveland, Ohio, is a leading provider of professional business services in the United States. Since its inception, the company has grown through both organic expansion and strategic acquisitions to deliver a broad spectrum of financial, tax and advisory solutions tailored to the needs of small to mid-market organizations.

Through its Financial & Advisory Services segment, CBIZ offers accounting, tax preparation and compliance, audit support, and wealth management services.