Quantbot Technologies LP lifted its holdings in Deluxe Corporation (NYSE:DLX) by 17.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,502 shares of the business services provider’s stock after acquiring an additional 1,105 shares during the period. Quantbot Technologies LP’s holdings in Deluxe Corporation were worth $519,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Neuberger Berman Group LLC lifted its holdings in shares of Deluxe Corporation by 2.5% in the 2nd quarter. Neuberger Berman Group LLC now owns 280,669 shares of the business services provider’s stock valued at $19,428,000 after acquiring an additional 6,840 shares during the last quarter. Renaissance Technologies LLC lifted its holdings in shares of Deluxe Corporation by 354.8% in the 1st quarter. Renaissance Technologies LLC now owns 132,800 shares of the business services provider’s stock valued at $9,584,000 after acquiring an additional 103,600 shares during the last quarter. SG Americas Securities LLC lifted its holdings in shares of Deluxe Corporation by 18.4% in the 2nd quarter. SG Americas Securities LLC now owns 18,021 shares of the business services provider’s stock valued at $1,247,000 after acquiring an additional 2,799 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in shares of Deluxe Corporation by 4.0% in the 2nd quarter. Principal Financial Group Inc. now owns 209,248 shares of the business services provider’s stock valued at $14,484,000 after acquiring an additional 7,991 shares during the last quarter. Finally, Pacer Advisors Inc. lifted its holdings in shares of Deluxe Corporation by 22.0% in the 1st quarter. Pacer Advisors Inc. now owns 5,408 shares of the business services provider’s stock valued at $390,000 after acquiring an additional 975 shares during the last quarter. 91.31% of the stock is owned by hedge funds and other institutional investors.

Shares of Deluxe Corporation (NYSE DLX) opened at 72.96 on Friday. The firm has a 50-day moving average of $68.91 and a 200 day moving average of $70.08. The company has a market cap of $3.53 billion, a P/E ratio of 15.61 and a beta of 1.36. Deluxe Corporation has a 52 week low of $59.47 and a 52 week high of $75.94.

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

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 5th. Shareholders of record on Monday, August 21st were issued a $0.30 dividend. The ex-dividend date of this dividend was Thursday, August 17th. This represents a $1.20 annualized dividend and a yield of 1.64%. Deluxe Corporation’s payout ratio is 25.64%.

In other Deluxe Corporation news, VP John D. Filby sold 18,936 shares of the business’s stock in a transaction dated 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 transaction, the vice president now directly owns 46,154 shares in the company, valued at approximately $3,332,780.34. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ronald C. Baldwin sold 2,000 shares of the business’s stock in a transaction dated 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. Insiders own 2.40% of the company’s stock.

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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About Deluxe Corporation

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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