Can Cbiz Inc (NYSE:CBZ)’s Tomorrow Be Different? The Stock Had Decline in Shorts

April 20, 2018 - By Stephen Andrade

CBIZ, Inc. (NYSE:CBZ) Logo

Investors sentiment decreased to 1.5 in 2017 Q4. Its down 0.32, from 1.82 in 2017Q3. It turned negative, as 9 investors sold CBIZ, Inc. shares while 39 reduced holdings. 25 funds opened positions while 47 raised stakes. 46.09 million shares or 0.07% more from 46.06 million shares in 2017Q3 were reported.
Kistler owns 3,000 shares. Bessemer Grp Inc invested in 0% or 72,800 shares. Vanguard Group Inc owns 0% invested in CBIZ, Inc. (NYSE:CBZ) for 2.39M shares. Stratos Wealth Partners invested in 0% or 163 shares. Great West Life Assurance Com Can holds 4,100 shares. Public Employees Retirement Sys Of Ohio holds 33,970 shares. First Manhattan reported 2.33 million shares. Swiss Bank & Trust reported 88,700 shares. Dalton Greiner Hartman Maher And, New York-based fund reported 332,106 shares. Metropolitan Life has 0% invested in CBIZ, Inc. (NYSE:CBZ). California Pub Employees Retirement Systems has 88,443 shares for 0% of their portfolio. Hotchkis & Wiley Mngmt Limited Liability Corp has 0% invested in CBIZ, Inc. (NYSE:CBZ) for 26,364 shares. Skyline Asset Mngmt L P owns 1.36 million shares. 306,615 were reported by Goldman Sachs Grp Inc. Dimensional Fund Advsr L P invested in 0.03% or 4.62M shares.

Since December 8, 2017, it had 0 insider buys, and 7 selling transactions for $4.12 million activity. $523,250 worth of CBIZ, Inc. (NYSE:CBZ) was sold by Kouzelos Michael P. GROVE WARE H also sold $458,862 worth of CBIZ, Inc. (NYSE:CBZ) shares. Another trade for 4,698 shares valued at $87,177 was sold by DIMARTINO JOSEPH S.

The stock of Cbiz Inc (NYSE:CBZ) registered a decrease of 18.45% in short interest. CBZ’s total short interest was 452,600 shares in April as published by FINRA. Its down 18.45% from 555,000 shares, reported previously. With 167,700 shares average volume, it will take short sellers 3 days to cover their CBZ’s short positions. The short interest to Cbiz Inc’s float is 0.88%.

The stock increased 0.79% or $0.15 during the last trading session, reaching $19.15. About 20,507 shares traded. CBIZ, Inc. (NYSE:CBZ) has risen 33.46% since April 20, 2017 and is uptrending. It has outperformed by 21.91% the S&P500.

CBIZ, Inc., through its subsidiaries, provides professional business services, products, and solutions in the United States and Canada. The company has market cap of $1.05 billion. It offers its services through three practice groups: Financial Services, Benefits and Insurance Services, and National Practices. It has a 21.09 P/E ratio. The Financial Services practice group provides accounting and tax, government health care consulting, financial advisory, valuation, litigation support, risk and advisory, real estate consulting, and internal audit outsourcing services.

CBIZ, Inc. (NYSE:CBZ) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.