Legal & General Group Plc boosted its position in shares of Deluxe Co. (NYSE:DLX) by 8.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 60,547 shares of the business services provider’s stock after purchasing an additional 4,731 shares during the quarter. Legal & General Group Plc owned about 0.13% of Deluxe worth $4,419,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. Suntrust Banks Inc. grew its position in Deluxe by 0.8% during the 2nd quarter. Suntrust Banks Inc. now owns 5,480 shares of the business services provider’s stock valued at $379,000 after purchasing an additional 42 shares during the last quarter. Renaissance Group LLC grew its position in Deluxe by 0.8% during the 2nd quarter. Renaissance Group LLC now owns 5,133 shares of the business services provider’s stock valued at $355,000 after purchasing an additional 42 shares during the last quarter. Northwestern Mutual Investment Management Company LLC grew its position in Deluxe by 1.0% during the 2nd quarter. Northwestern Mutual Investment Management Company LLC now owns 8,442 shares of the business services provider’s stock valued at $560,000 after purchasing an additional 82 shares during the last quarter. ETRADE Capital Management LLC grew its position in Deluxe by 3.0% during the 2nd quarter. ETRADE Capital Management LLC now owns 3,497 shares of the business services provider’s stock valued at $242,000 after purchasing an additional 103 shares during the last quarter. Finally, Arizona State Retirement System grew its position in Deluxe by 1.0% during the 2nd quarter. Arizona State Retirement System now owns 20,400 shares of the business services provider’s stock valued at $1,412,000 after purchasing an additional 200 shares during the last quarter. 92.70% of the stock is currently owned by institutional investors.

Shares of Deluxe Co. (NYSE DLX) opened at $75.88 on Thursday. Deluxe Co. has a 1 year low of $66.43 and a 1 year high of $77.19. The company has a market cap of $3,646.65, a PE ratio of 14.55 and a beta of 1.35. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.83 and a current ratio of 0.93.

Deluxe (NYSE:DLX) last announced its quarterly earnings data on Thursday, October 26th. The business services provider reported $1.32 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.25 by $0.07. Deluxe had a net margin of 10.24% and a return on equity of 27.56%. The company 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 firm posted $1.22 EPS. Deluxe’s revenue for the quarter was up 8.5% on a year-over-year basis.

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 4th. Investors of record on Monday, November 20th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 1.58%. The ex-dividend date was Friday, November 17th. Deluxe’s dividend payout ratio (DPR) is 29.41%.

In other news, CEO Lee J. Schram sold 33,030 shares of the firm’s stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $71.32, for a total transaction of $2,355,699.60. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate 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.

Institutional Ownership by Quarter for Deluxe (NYSE:DLX)

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