9,487 Shares in Deluxe Corporation (DLX) Acquired by Marshall Wace North America L.P.

Marshall Wace North America L.P. acquired a new position in shares of Deluxe Corporation (NYSE:DLX) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 9,487 shares of the business services provider’s stock, valued at approximately $655,000.

Several other institutional investors also recently modified their holdings of the stock. BlackRock Inc. raised its position in shares of Deluxe Corporation by 23,073.3% during the 1st quarter. BlackRock Inc. now owns 5,191,045 shares of the business services provider’s stock worth $374,639,000 after purchasing an additional 5,168,644 shares during the last quarter. Vanguard Group Inc. raised its holdings in Deluxe Corporation by 3.9% in the 1st quarter. Vanguard Group Inc. now owns 4,133,898 shares of the business services provider’s stock valued at $298,344,000 after acquiring an additional 155,227 shares during the last quarter. State Street Corp raised its holdings in Deluxe Corporation by 1.6% in the 1st quarter. State Street Corp now owns 1,598,176 shares of the business services provider’s stock valued at $115,345,000 after acquiring an additional 25,359 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in Deluxe Corporation by 0.6% in the 1st quarter. Bank of New York Mellon Corp now owns 723,943 shares of the business services provider’s stock valued at $52,247,000 after acquiring an additional 4,335 shares during the last quarter. Finally, AQR Capital Management LLC raised its holdings in Deluxe Corporation by 2.4% in the 1st quarter. AQR Capital Management LLC now owns 642,267 shares of the business services provider’s stock valued at $46,352,000 after acquiring an additional 14,934 shares during the last quarter. Hedge funds and other institutional investors own 91.40% of the company’s stock.

In related news, VP John D. Filby sold 18,936 shares of the company’s stock in a transaction that occurred on Monday, July 31st. The shares were sold at an average price of $72.21, for a total value of $1,367,368.56. Following the completion of the sale, the vice president now owns 46,154 shares in the company, valued at approximately $3,332,780.34. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Ronald C. Baldwin sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, July 31st. The shares were sold at an average price of $72.41, for a total transaction of $144,820.00. The disclosure for this sale can be found here. 2.40% of the stock is currently owned by corporate insiders.

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Separately, BidaskClub upgraded Deluxe Corporation from a “sell” rating to a “hold” rating in a report on Monday, July 31st.

Deluxe Corporation (DLX) opened at 69.08 on Tuesday. The firm has a market capitalization of $3.34 billion, a P/E ratio of 14.78 and a beta of 1.36. Deluxe Corporation has a one year low of $59.47 and a one year high of $75.94. The firm has a 50-day moving average price of $69.34 and a 200 day moving average price of $70.33.

Deluxe Corporation (NYSE:DLX) last issued its quarterly earnings results on Thursday, July 27th. The business services provider reported $1.29 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.24 by $0.05. The business had revenue of $485.20 million during the quarter, compared to the consensus estimate of $479.42 million. Deluxe Corporation had a net margin of 11.98% and a return on equity of 27.83%. The firm’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.20 EPS. Equities research analysts anticipate that Deluxe Corporation will post $5.25 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 5th. Investors of record on Monday, August 21st were given a $0.30 dividend. The ex-dividend date was Thursday, August 17th. This represents a $1.20 annualized dividend and a dividend yield of 1.74%. Deluxe Corporation’s dividend payout ratio (DPR) is presently 25.64%.

Deluxe Corporation Profile

Deluxe Corporation is a provider of payment solutions. The Company provides a suite of customer life cycle management solutions to its customers across multiple channels. The Company operates in three segments: Small Business Services segment, Financial Services segment and Direct Checks segment. The Company’s product and service offerings consist of checks, forms and accessories, and other products.

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Institutional Ownership by Quarter for Deluxe Corporation (NYSE:DLX)

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