Dupont Capital Management Corp reduced its holdings in Deluxe Co. (NYSE:DLX) by 50.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 4,560 shares of the business services provider’s stock after selling 4,555 shares during the period. Dupont Capital Management Corp’s holdings in Deluxe were worth $350,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Ladenburg Thalmann Financial Services Inc. increased its position in Deluxe by 78.8% in the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,733 shares of the business services provider’s stock valued at $127,000 after acquiring an additional 764 shares during the period. Flinton Capital Management LLC increased its position in Deluxe by 52.6% in the 2nd quarter. Flinton Capital Management LLC now owns 2,320 shares of the business services provider’s stock valued at $161,000 after acquiring an additional 800 shares during the period. Bessemer Group Inc. increased its position in Deluxe by 61.4% in the 3rd quarter. Bessemer Group Inc. now owns 2,320 shares of the business services provider’s stock valued at $169,000 after acquiring an additional 883 shares during the period. Stifel Financial Corp acquired a new position in Deluxe in the 2nd quarter valued at approximately $201,000. Finally, Bradley Foster & Sargent Inc. CT acquired a new position in Deluxe in the 3rd quarter valued at approximately $202,000. Hedge funds and other institutional investors own 92.95% of the company’s stock.

Deluxe Co. (DLX) opened at $69.85 on Friday. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.92 and a quick ratio of 0.83. Deluxe Co. has a 12-month low of $66.43 and a 12-month high of $78.87. The stock has a market cap of $3,352.80, a P/E ratio of 13.28 and a beta of 1.18.

Deluxe (NYSE:DLX) last announced its quarterly earnings results on Thursday, January 25th. The business services provider reported $1.40 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.40. Deluxe had a net margin of 11.71% and a return on equity of 26.80%. The firm had revenue of $494.90 million during the quarter, compared to analysts’ expectations of $500.75 million. During the same period in the prior year, the company posted $1.35 EPS. The company’s revenue was up 3.1% on a year-over-year basis. equities research analysts predict that Deluxe Co. will post 5.68 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 5th. Stockholders of record on Tuesday, February 20th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.72%. The ex-dividend date of this dividend is Friday, February 16th. Deluxe’s dividend payout ratio is currently 25.42%.

In other news, insider Malcolm Mcroberts sold 5,402 shares of the company’s stock in a transaction on Monday, January 29th. The shares were sold at an average price of $76.45, for a total value of $412,982.90. Following the sale, the insider now directly owns 55,702 shares of the company’s stock, valued at approximately $4,258,417.90. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Lee J. Schram sold 33,030 shares of the company’s stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $71.32, for a total transaction of $2,355,699.60. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 40,630 shares of company stock worth $2,936,544. Insiders own 2.40% of the company’s stock.

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Deluxe 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 (NYSE:DLX)

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