Millington Financial Advisors LLC Grows Stock Position in CBIZ, Inc. (NYSE:CBZ)

Millington Financial Advisors LLC increased its stake in shares of CBIZ, Inc. (NYSE:CBZ) by 1.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 30,529 shares of the business services provider’s stock after acquiring an additional 475 shares during the period. CBIZ comprises 1.5% of Millington Financial Advisors LLC’s holdings, making the stock its 19th largest position. Millington Financial Advisors LLC’s holdings in CBIZ were worth $2,625,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Creative Planning grew its position in CBIZ by 10.2% during the third quarter. Creative Planning now owns 17,562 shares of the business services provider’s stock valued at $1,182,000 after buying an additional 1,630 shares during the period. Signaturefd LLC boosted its stake in shares of CBIZ by 55.8% during 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 in the last quarter. Assenagon Asset Management S.A. grew its position in shares of CBIZ by 70.4% during the 3rd quarter. Assenagon Asset Management S.A. now owns 36,800 shares of the business services provider’s stock valued at $2,476,000 after acquiring an additional 15,200 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in CBIZ by 1.7% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 16,514 shares of the business services provider’s stock worth $1,111,000 after purchasing an additional 279 shares during the period. Finally, Semanteon Capital Management LP acquired a new position in CBIZ in the 3rd quarter worth about $1,144,000. 87.44% of the stock is owned by institutional investors and hedge funds.

CBIZ Stock Performance

CBZ opened at $84.04 on Tuesday. The firm’s fifty day simple moving average is $84.17 and its two-hundred day simple moving average is $76.19. CBIZ, Inc. has a 52-week low of $62.65 and a 52-week high of $89.25. The company has a market cap of $4.22 billion, a price-to-earnings ratio of 35.61 and a beta of 0.95. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 0.36.

Analyst Ratings Changes

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

CBIZ 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.