CBIZ Earnings Beat as Investors Buy New Positions in CBZ Shares
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.