SG Americas Securities LLC Has $3.10 Million Stock Position in CBIZ, Inc. $CBZ

SG Americas Securities LLC lessened its holdings in shares of CBIZ, Inc. (NYSE:CBZ) by 83.6% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 115,579 shares of the business services provider’s stock after selling 591,130 shares during the period. SG Americas Securities LLC owned 0.21% of CBIZ worth $3,103,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. AQR Capital Management LLC lifted its holdings in CBIZ by 6.2% during the 1st quarter. AQR Capital Management LLC now owns 11,725 shares of the business services provider’s stock worth $889,000 after buying an additional 682 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of CBIZ by 4.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,294 shares of the business services provider’s stock valued at $2,222,000 after buying an additional 1,318 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of CBIZ by 5.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 143,270 shares of the business services provider’s stock worth $10,868,000 after acquiring an additional 7,676 shares during the last quarter. Jane Street Group LLC lifted its stake in shares of CBIZ by 96.1% in the first quarter. Jane Street Group LLC now owns 41,240 shares of the business services provider’s stock worth $3,128,000 after acquiring an additional 20,214 shares during the period. Finally, Prudential Financial Inc. lifted its stake in shares of CBIZ by 80.4% in the second quarter. Prudential Financial Inc. now owns 6,637 shares of the business services provider’s stock worth $492,000 after acquiring an additional 2,957 shares during the period. Institutional investors own 87.44% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Barrington Research initiated coverage on shares of CBIZ in a report on Wednesday, June 24th. They set an “outperform” rating and a $45.00 price target for the company. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $42.00 price objective on shares of CBIZ in a research report on Thursday, April 30th. BMO Capital Markets initiated coverage on shares of CBIZ in a report on Monday, March 30th. They issued an “outperform” rating and a $33.00 target price on the stock. Zacks Research upgraded CBIZ from a “strong sell” rating to a “hold” rating in a report on Friday, March 27th. Finally, Stephens set a $37.00 price objective on CBIZ in a research report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $39.25.

CBIZ Price Performance

CBZ stock opened at $32.05 on Wednesday. The stock has a market capitalization of $1.72 billion, a PE ratio of 12.87, a price-to-earnings-growth ratio of 0.68 and a beta of 0.99. The company’s 50-day moving average is $31.73 and its 200-day moving average is $35.37. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.63 and a quick ratio of 1.63. CBIZ, Inc. has a 1 year low of $24.29 and a 1 year high of $77.91.

CBIZ (NYSE:CBZ) last issued its earnings results on Wednesday, April 29th. The business services provider reported $2.50 EPS for the quarter, beating analysts’ consensus estimates of $2.28 by $0.22. The business had revenue of $848.58 million during the quarter, compared to analyst estimates of $853.46 million. CBIZ had a return on equity of 12.62% and a net margin of 5.57%.The firm’s revenue was up 1.3% compared to the same quarter last year. During the same period in the previous year, the company posted $2.33 EPS. CBIZ has set its FY 2026 guidance at 4.000-4.100 EPS. Equities research analysts expect that CBIZ, Inc. will post 4.07 EPS for the current fiscal year.

CBIZ 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.