BlueCrest Capital Management Ltd acquired a new stake in shares of Deluxe Corporation (NYSE:DLX) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 6,491 shares of the business services provider’s stock, valued at approximately $449,000.

Several other large investors also recently made changes to their positions in the company. World Asset Management Inc grew its stake in shares of Deluxe Corporation by 1.2% during the second quarter. World Asset Management Inc now owns 3,027 shares of the business services provider’s stock valued at $210,000 after buying an additional 37 shares during the last quarter. Renaissance Group LLC grew its stake in shares of Deluxe Corporation by 0.8% during the second quarter. Renaissance Group LLC now owns 5,133 shares of the business services provider’s stock valued at $355,000 after buying an additional 42 shares during the last quarter. Suntrust Banks Inc. grew its stake in shares of Deluxe Corporation by 0.8% during the second quarter. Suntrust Banks Inc. now owns 5,480 shares of the business services provider’s stock valued at $379,000 after buying an additional 42 shares during the last quarter. Smithfield Trust Co. grew its stake in shares of Deluxe Corporation by 2.0% during the second quarter. Smithfield Trust Co. now owns 3,638 shares of the business services provider’s stock valued at $252,000 after buying an additional 70 shares during the last quarter. Finally, Northwestern Mutual Investment Management Company LLC grew its stake in shares of Deluxe Corporation by 1.0% during the second quarter. Northwestern Mutual Investment Management Company LLC now owns 8,442 shares of the business services provider’s stock valued at $560,000 after buying an additional 82 shares during the last quarter. 91.31% of the stock is currently owned by hedge funds and other institutional investors.

Deluxe Corporation (NYSE DLX) opened at 72.43 on Tuesday. The stock’s 50 day moving average price is $70.74 and its 200-day moving average price is $70.04. The company has a market capitalization of $3.50 billion, a PE ratio of 15.50 and a beta of 1.35. Deluxe Corporation has a 52 week low of $59.47 and a 52 week high of $75.94.

Deluxe Corporation (NYSE:DLX) last announced its earnings results on Thursday, July 27th. The business services provider reported $1.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.24 by $0.05. The firm had revenue of $485.20 million for the quarter, compared to analysts’ expectations of $479.42 million. Deluxe Corporation had a net margin of 11.98% and a return on equity of 27.83%. The business’s revenue was up 7.7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.20 EPS. On average, equities research analysts predict that Deluxe Corporation will post $5.25 earnings per share for the current fiscal year.

In other news, VP John D. Filby sold 18,936 shares of the company’s stock in a transaction dated Monday, July 31st. The shares were sold at an average price of $72.21, for a total transaction of $1,367,368.56. Following the sale, the vice president now directly owns 46,154 shares in the company, valued at approximately $3,332,780.34. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ronald C. Baldwin sold 2,000 shares of the company’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. 2.40% of the stock is currently owned by corporate insiders.

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

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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