Vista Finance LLC Invests $229,000 in CBIZ, Inc. (NYSE:CBZ)

Vista Finance LLC purchased a new stake in CBIZ, Inc. (NYSE:CBZ) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,802 shares of the business services provider’s stock, valued at approximately $229,000.

Several other hedge funds have also added to or reduced their stakes in the business. Retirement Systems of Alabama lifted its position in CBIZ by 10.3% during the third quarter. Retirement Systems of Alabama now owns 86,194 shares of the business services provider’s stock worth $5,800,000 after acquiring an additional 8,032 shares during the last quarter. Victory Capital Management Inc. increased its stake in shares of CBIZ by 22.2% during the third quarter. Victory Capital Management Inc. now owns 47,943 shares of the business services provider’s stock worth $3,226,000 after purchasing an additional 8,695 shares during the period. Cannon Global Investment Management LLC acquired a new stake in CBIZ during the 3rd quarter worth approximately $740,000. Quantbot Technologies LP boosted its stake in 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 purchasing an additional 35,188 shares during the period. Finally, Citigroup Inc. grew its holdings in 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 buying an additional 35,768 shares in the last quarter. Institutional investors and hedge funds own 87.44% of the company’s stock.

Wall Street Analyst Weigh In

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

CBIZ Stock Performance

Shares of NYSE:CBZ opened at $86.82 on Friday. 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 12-month low of $62.65 and a 12-month high of $89.25. The company’s 50 day moving average price is $83.39 and its two-hundred day moving average price is $75.48. The firm has a market cap of $4.36 billion, a PE ratio of 36.79 and a beta of 0.95.

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.