Royce & Associates LP held its position in shares of CBIZ, Inc. (NYSE:CBZ) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 47,000 shares of the business services provider’s stock at the end of the 2nd quarter. Royce & Associates LP owned 0.09% of CBIZ worth $705,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the stock. Ameriprise Financial Inc. lifted its stake in CBIZ by 2.6% during the first quarter. Ameriprise Financial Inc. now owns 13,710 shares of the business services provider’s stock worth $186,000 after purchasing an additional 350 shares during the last quarter. Public Employees Retirement System of Ohio lifted its stake in CBIZ by 1.0% during the first quarter. Public Employees Retirement System of Ohio now owns 132,396 shares of the business services provider’s stock worth $1,794,000 after purchasing an additional 1,265 shares during the last quarter. American International Group Inc. lifted its stake in CBIZ by 7.1% during the first quarter. American International Group Inc. now owns 30,401 shares of the business services provider’s stock worth $412,000 after purchasing an additional 2,013 shares during the last quarter. TIAA CREF Investment Management LLC lifted its stake in CBIZ by 0.6% during the first quarter. TIAA CREF Investment Management LLC now owns 380,795 shares of the business services provider’s stock worth $5,160,000 after purchasing an additional 2,085 shares during the last quarter. Finally, Martingale Asset Management L P lifted its stake in CBIZ by 1.9% during the first quarter. Martingale Asset Management L P now owns 176,234 shares of the business services provider’s stock worth $2,388,000 after purchasing an additional 3,300 shares during the last quarter. Hedge funds and other institutional investors own 85.55% of the company’s stock.

CBZ has been the subject of several recent analyst reports. Zacks Investment Research upgraded CBIZ from a “hold” rating to a “buy” rating and set a $17.00 target price for the company in a research note on Thursday, June 1st. ValuEngine upgraded CBIZ from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Finally, BidaskClub cut CBIZ from a “buy” rating to a “hold” rating in a research note on Monday, July 24th.

Shares of CBIZ, Inc. (NYSE CBZ) opened at 15.15 on Monday. The stock has a market cap of $823.05 million, a PE ratio of 17.93 and a beta of 0.91. The company’s 50-day moving average price is $14.83 and its 200 day moving average price is $14.75. CBIZ, Inc. has a 1-year low of $10.73 and a 1-year high of $15.90.

CBIZ (NYSE:CBZ) last issued its quarterly earnings data on Thursday, August 3rd. The business services provider reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.02. CBIZ had a return on equity of 9.42% and a net margin of 5.54%. The firm had revenue of $211.00 million during the quarter, compared to analyst estimates of $207.42 million. During the same quarter last year, the firm earned $0.16 EPS. CBIZ’s quarterly revenue was up 7.1% on a year-over-year basis. Equities analysts forecast that CBIZ, Inc. will post $0.87 EPS for the current fiscal year.

In other CBIZ news, insider Ware H. Grove sold 25,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 31st. The stock was sold at an average price of $15.06, for a total transaction of $376,500.00. Following the completion of the sale, the insider now owns 282,172 shares in the company, valued at approximately $4,249,510.32. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Chris Spurio sold 16,250 shares of the firm’s stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of $15.18, for a total value of $246,675.00. Following the sale, the insider now owns 191,293 shares of the company’s stock, valued at approximately $2,903,827.74. The disclosure for this sale can be found here. 6.90% of the stock is owned by company insiders.

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CBIZ Company Profile

CBIZ, Inc (CBIZ) is engaged in the professional services business. The Company operates its professional services business through acquiring and integrating accounting and financial service providers, group health benefits consulting firms, property and casualty brokerage firms, payroll service providers, and valuation and other service firms throughout the United States.

Institutional Ownership by Quarter for CBIZ (NYSE:CBZ)

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