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CBIZ Earnings Beat as Investors Buy New Positions in CBZ Shares

Manulife Financial logoManulife Financial
Sig0.60Sen+0.30Env0.00Soc0.00Gov0.00
CBIZ logoCBIZ
Sig1.85Sen+1.25Env0.00Soc0.00Gov0.00

Institutional investors bought additional CBIZ shares, including new holdings by The Manufacturers Life Insurance Company and further share purchases by EverSource Wealth Advisors LLC. CBIZ reported quarterly earnings of $0.91 per share, topping analysts’ $0.72 estimate by $0.19. Analysts maintain a consensus Hold rating and an average target price of $44.50.

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