CBZ Cbiz

CBIZ, Inc. engages in the provision of financial, insurance, and advisory services. It operates through the following segments: Financial Services, Benefits and Insurance Services, National Practices, and Corporate and Other. The Financial Services segment offers accounting, tax, government health care consulting, financial advisory, valuation, and risk advisory services. The Benefits and Insurance Services segment includes group health benefits consulting, property and casualty brokerage, retirement plan services, and payroll. The National Practices segment deals with managed networking and hardware, and healthcare consulting. The company was founded by Michael G. DeGroote Sr. on October 17, 1996 and is headquartered in Cleveland, OH.
Company profile
Ticker
CBZ
Exchange
Website
CEO
Jerome Grisko
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Alibaba Group Holding • Visa • Uber • EBay • PayPal • Nielsen • Accenture • Conduent • Mastercard • MultiPlan ...
Former names
CENTURY BUSINESS SERVICES INC, INTERNATIONAL ALLIANCE SERVICES INC, REPUBLIC ENVIRONMENTAL SYSTEMS INC
SEC CIK
Corporate docs
IRS number
222769024
CBZ stock data
()
Press releases
CBIZ to Announce First-Quarter 2021 Results on April 29, 2021
14 Apr 21
CBIZ Names Gretchen A. Farrell as Chief Human Resources Officer
5 Apr 21
Small Business Hiring Growth Continues in March
2 Apr 21
Main Street Businesses Stay Resilient Amid Pandemic's Impact
25 Mar 21
CBIZ Names Finalists for 2021 Women Transforming Business Award
8 Mar 21
Investment data
Securities sold
Number of investors
Calendar
26 Feb 21
17 Apr 21
31 Dec 21
Financial summary
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Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
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Diluted EPS |
Annual (USD) |
Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
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Financial data from Cbiz earnings reports.
Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 170.34M | 170.34M | 170.34M | 170.34M | 170.34M | 170.34M |
Cash burn (monthly) | (positive/no burn) | (positive/no burn) | 4.57M | (positive/no burn) | (positive/no burn) | (positive/no burn) |
Cash used (since last report) | n/a | n/a | 16.3M | n/a | n/a | n/a |
Cash remaining | n/a | n/a | 154.04M | n/a | n/a | n/a |
Runway (months of cash) | n/a | n/a | 33.7 | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
12 Apr 21 | Benaree Pratt Wiley | Common Stock | Sell | Dispose S | No | Yes | 33.4922 | 4,200 | 140.67K | 3,361 |
16 Mar 21 | Chris Spurio | Common Stock | Sell | Dispose S | No | No | 33.1945 | 20,929 | 694.73K | 148,538.73 |
16 Mar 21 | Chris Spurio | Common Stock | Option exercise | Aquire M | No | No | 10.35 | 20,929 | 216.62K | 169,467.73 |
16 Mar 21 | Chris Spurio | Employee Stock Option Common Stock | Option exercise | Dispose M | No | No | 10.35 | 20,929 | 216.62K | 0 |
15 Mar 21 | Jerome P Grisko | Common Stock | Gift | Aquire G | Yes | No | 0 | 34,288 | 0 | 591,264 |
15 Mar 21 | Jerome P Grisko | Common Stock | Gift | Dispose G | No | No | 0 | 34,288 | 0 | 83,436.815 |
15 Mar 21 | Chris Spurio | Common Stock | Sell | Dispose S | No | No | 33.4956 | 37,784 | 1.27M | 148,538.73 |
15 Mar 21 | Chris Spurio | Common Stock | Option exercise | Aquire M | No | No | 10.35 | 37,784 | 391.06K | 186,322.73 |
15 Mar 21 | Chris Spurio | Employee Stock Option Common Stock | Option exercise | Dispose M | No | No | 10.35 | 37,784 | 391.06K | 20,929 |
12 Mar 21 | Chris Spurio | Common Stock | Sell | Dispose S | No | No | 33.996 | 16,287 | 553.69K | 148,531.736 |
Institutional ownership Q4 2020
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
89.8% owned by funds/institutions
13F holders |
Current |
---|---|
Total holders | 167 |
Opened positions | 26 |
Closed positions | 21 |
Increased positions | 53 |
Reduced positions | 59 |
13F shares |
Current |
---|---|
Total value | 1.28B |
Total shares | 48.02M |
Total puts | 100K |
Total calls | 0 |
Total put/call ratio | Infinity |
Largest owners |
Shares | Value |
---|---|---|
Dimensional Fund Advisors | 4.04M | $107.5M |
BLK Blackrock | 3.8M | $101.2M |
P2 Capital Partners | 3.49M | $92.76M |
Vanguard | 2.57M | $68.3M |
Mawer Investment Management | 2.37M | $63.02M |
WFC Wells Fargo & Co. | 2.24M | $59.49M |
Cardinal Capital Management | 2.14M | $56.98M |
Burgundy Asset Management | 1.91M | $50.94M |
FIL | 1.87M | $49.63M |
Wellington Management | 1.75M | $46.64M |
Financial report summary
?Management Discussion
- We provide professional business services that help clients manage their finances and employees. We deliver our integrated services through the following three practice groups: Financial Services, Benefits and Insurance Services and National Practices. A description of these groups’ operating results and factors affecting their businesses is provided below.
- Same-unit revenue represents total revenue adjusted to reflect comparable periods of activity for acquisitions and divestitures. For example, for a business acquired on July 1, 2019, revenue for the period January 1, 2020 through June 30, 2020 would be reported as revenue from acquired businesses; same-unit revenue would include revenue for the periods July 1 through December 31 of both years. Divested operations represent operations that did not meet the criteria for treatment as discontinued operations. Those businesses that have met the requirements to be treated as a discontinued operation are eliminated from continuing operations for all periods presented below.
Content analysis
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Readability |
H.S. freshman Avg
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New words:
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Removed:
advice, Andrew, Bowl, built, Bur, Card, Carnahan, chaired, CMF, Coastal, COSO, custom, Dambrosio, Deeptech, delivering, diligence, donald, elevated, evolving, function, Gas, improved, integrate, Leviathan, link, locally, McKay, Medusa, midsized, NACCO, Nelson, nonqualified, North, Offshore, outsourcing, Pacific, package, Picker, reclassification, robust, Savitz, SCP, sector, SHRM, Slaton, SMB, SMHG, SPHR, Sugar, supported, Tatham, Teresa, weir
Financial reports
10-K
2020 FY
Annual report
26 Feb 21
10-Q
2020 Q3
Quarterly report
2 Nov 20
10-Q
2020 Q2
Quarterly report
3 Aug 20
10-Q
2020 Q1
Quarterly report
8 May 20
10-K
2019 FY
Annual report
26 Feb 20
10-Q
2019 Q3
Quarterly report
1 Nov 19
10-Q
2019 Q2
Quarterly report
2 Aug 19
10-Q
2019 Q1
Quarterly report
6 May 19
10-K
2018 FY
Annual report
27 Feb 19
10-Q
2018 Q3
Quarterly report
1 Nov 18
Current reports
8-K
Cbiz Reports Fourth-quarter and Full-year 2020 Results
19 Feb 21
8-K
Other Events
17 Feb 21
8-K
Cbiz Reports Third-quarter and Nine-month 2020 Results
2 Nov 20
8-K
CBIZ Board Appoints A. Haag Sherman As Independent Director
11 Aug 20
8-K
Cbiz Reports Second-quarter and First-half 2020 Results
3 Aug 20
8-K
Submission of Matters to a Vote of Security Holders
20 May 20
8-K
Cbiz Reports First-quarter 2020 Results
8 May 20
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
26 Mar 20
8-K
Cbiz Reports Fourth-quarter and Full-year 2019 Results
25 Feb 20
8-K
Other Events
11 Feb 20
Registration and prospectus
S-8 POS
Registration of securities for employees (post-effective amendment)
24 May 19
S-8
Registration of securities for employees
6 Jul 14
S-8
Registration of securities for employees
9 Aug 11
D
$130M in debt, sold $130M, 3 investors
3 Oct 10
424B3
Prospectus supplement
8 Jan 08
S-8
Registration of securities for employees
15 Aug 07
424B3
Prospectus supplement
31 Oct 06
424B3
Prospectus supplement
3 Oct 06
25
Voluntary exchange delisting
11 Sep 06
424B3
Prospectus supplement
5 Sep 06
Proxies
DEF 14A
Definitive proxy
31 Mar 21
DEF 14A
Definitive proxy
3 Apr 20
DEF 14A
Definitive proxy
5 Apr 19
DEF 14A
Definitive proxy
5 Apr 18
DEF 14A
Definitive proxy
5 Apr 17
DEF 14A
Definitive proxy
5 Apr 16
DEF 14A
Definitive proxy
5 Apr 15
DEF 14A
Definitive proxy
3 Apr 14
DEF 14A
Definitive proxy
4 Apr 13
DEF 14A
Definitive proxy
4 Apr 12
Other
UPLOAD
Letter from SEC
15 Aug 16
CORRESP
Correspondence with SEC
22 Jun 16
CORRESP
Correspondence with SEC
15 Jun 16
UPLOAD
Letter from SEC
7 Jun 16
UPLOAD
Letter from SEC
4 Mar 13
CORRESP
Correspondence with SEC
25 Feb 13
UPLOAD
Letter from SEC
14 Feb 13
CORRESP
Correspondence with SEC
16 Jan 13
UPLOAD
Letter from SEC
2 Jan 13
CORRESP
Correspondence with SEC
15 Nov 12
Ownership
4
CBIZ / BENAREE PRATT WILEY ownership change
14 Apr 21
4
CBIZ / CHRIS SPURIO ownership change
17 Mar 21
4
CBIZ / WARE H GROVE ownership change
16 Mar 21
4
CBIZ / JEROME P GRISKO ownership change
16 Mar 21
4
CBIZ / CHRIS SPURIO ownership change
16 Mar 21
4
CBIZ / WARE H GROVE ownership change
9 Mar 21
4
CBIZ / STEVEN L GERARD ownership change
5 Mar 21
4
CBIZ / STEVEN L GERARD ownership change
3 Mar 21
4
CBIZ / STEVEN L GERARD ownership change
1 Mar 21
4
CBIZ / STEVEN L GERARD ownership change
25 Feb 21
Transcripts
2020 Q4
Earnings call transcript
18 Feb 21
2020 Q3
Earnings call transcript
31 Oct 20
2020 Q2
Earnings call transcript
2 Aug 20
2020 Q1
Earnings call transcript
12 May 20
2019 Q4
Earnings call transcript
21 Feb 20
2019 Q3
Earnings call transcript
1 Nov 19
2019 Q2
Earnings call transcript
4 Aug 19
2019 Q1
Earnings call transcript
27 Apr 19
2018 Q4
Earnings call transcript
13 Feb 19
2018 Q3
Earnings call transcript
31 Oct 18
Reddit threads
Daily Discussion Thread - February 18th, 2021
18 Feb 21
Daily Discussion Thread - February 17th, 2021
17 Feb 21
Daily Discussion Thread - February 16th, 2021
16 Feb 21
Daily Discussion Thread - February 15th, 2021
15 Feb 21
Daily Discussion Thread - October 29th, 2020
29 Oct 20
Daily Discussion Thread - October 28th, 2020
28 Oct 20