OxFORD Asset Management LLP grew its stake in shares of Deluxe Corporation (NYSE:DLX) by 187.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,878 shares of the business services provider’s stock after purchasing an additional 18,815 shares during the period. OxFORD Asset Management LLP owned about 0.06% of Deluxe Corporation worth $1,999,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in DLX. Oxford Asset Management purchased a new stake in shares of Deluxe Corporation during the first quarter valued at $726,000. JPMorgan Chase & Co. lifted its holdings in shares of Deluxe Corporation by 2.7% during the first quarter. JPMorgan Chase & Co. now owns 233,834 shares of the business services provider’s stock valued at $16,876,000 after purchasing an additional 6,138 shares during the last quarter. SG Americas Securities LLC lifted its holdings in shares of Deluxe Corporation by 79.2% during the first quarter. SG Americas Securities LLC now owns 15,222 shares of the business services provider’s stock valued at $1,099,000 after purchasing an additional 6,726 shares during the last quarter. Arizona State Retirement System lifted its holdings in shares of Deluxe Corporation by 2.2% during the first quarter. Arizona State Retirement System now owns 20,200 shares of the business services provider’s stock valued at $1,458,000 after purchasing an additional 437 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its holdings in shares of Deluxe Corporation by 2.4% during the first quarter. Principal Financial Group Inc. now owns 201,257 shares of the business services provider’s stock valued at $14,524,000 after purchasing an additional 4,661 shares during the last quarter. 91.31% of the stock is owned by institutional investors and hedge funds.

Separately, BidaskClub downgraded Deluxe Corporation from a “hold” rating to a “sell” rating in a report on Thursday, June 29th.

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

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Shares of Deluxe Corporation (NYSE:DLX) opened at 73.68 on Friday. The stock’s 50 day moving average price is $69.86 and its 200 day moving average price is $69.98. The stock has a market capitalization of $3.56 billion, a P/E ratio of 15.76 and a beta of 1.35. Deluxe Corporation has a one year low of $59.47 and a one year high of $75.94.

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

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.

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

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