Chicago Equity Partners LLC bought a new stake in shares of Deluxe Corporation (NYSE:DLX) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 16,005 shares of the business services provider’s stock, valued at approximately $1,168,000.

A number of other large investors have also recently made changes to their positions in DLX. FMR LLC raised its stake in Deluxe Corporation by 8.2% during the 2nd quarter. FMR LLC now owns 3,528,134 shares of the business services provider’s stock valued at $244,217,000 after purchasing an additional 267,739 shares during the period. Nordea Investment Management AB raised its stake in Deluxe Corporation by 57.5% during the 2nd quarter. Nordea Investment Management AB now owns 544,690 shares of the business services provider’s stock valued at $37,703,000 after purchasing an additional 198,931 shares during the period. Schroder Investment Management Group raised its stake in Deluxe Corporation by 14.1% during the 2nd quarter. Schroder Investment Management Group now owns 1,476,419 shares of the business services provider’s stock valued at $101,607,000 after purchasing an additional 182,600 shares during the period. Kirr Marbach & Co. LLC IN acquired a new position in shares of Deluxe Corporation in the second quarter worth $8,864,000. Finally, JLB & Associates Inc. acquired a new position in shares of Deluxe Corporation in the second quarter worth $8,131,000. 92.84% of the stock is currently owned by institutional investors.

Separately, BidaskClub raised shares of Deluxe Corporation from a “sell” rating to a “hold” rating in a research note on Monday, July 31st.

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Deluxe Corporation (NYSE DLX) opened at $67.85 on Wednesday. Deluxe Corporation has a one year low of $66.05 and a one year high of $75.94. The company has a quick ratio of 0.83, a current ratio of 0.93 and a debt-to-equity ratio of 0.75. The firm has a market cap of $3,272.75, a price-to-earnings ratio of 13.05 and a beta of 1.37.

Deluxe Corporation (NYSE:DLX) last posted its quarterly earnings results on Thursday, October 26th. The business services provider reported $1.32 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.25 by $0.07. Deluxe Corporation had a net margin of 10.24% and a return on equity of 27.56%. The business had revenue of $497.70 million for the quarter, compared to the consensus estimate of $487.77 million. During the same period in the prior year, the business posted $1.22 earnings per share. Deluxe Corporation’s revenue for the quarter was up 8.5% compared to the same quarter last year. research analysts predict that Deluxe Corporation will post 5.25 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, December 4th. Stockholders of record on Monday, November 20th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.77%. The ex-dividend date of this dividend is Friday, November 17th. Deluxe Corporation’s dividend payout ratio (DPR) is presently 29.41%.

Deluxe Corporation Company 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.

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

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