Empirical Finance LLC lessened its stake in shares of Deluxe Corporation (NYSE:DLX) by 2.7% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,427 shares of the business services provider’s stock after selling 404 shares during the period. Empirical Finance LLC’s holdings in Deluxe Corporation were worth $999,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DLX. Capstone Asset Management Co. boosted its holdings in shares of Deluxe Corporation by 4.0% during the 1st quarter. Capstone Asset Management Co. now owns 3,650 shares of the business services provider’s stock valued at $263,000 after purchasing an additional 140 shares during the last quarter. Glen Harbor Capital Management LLC boosted its holdings in shares of Deluxe Corporation by 9.2% during the 1st quarter. Glen Harbor Capital Management LLC now owns 2,660 shares of the business services provider’s stock valued at $192,000 after purchasing an additional 224 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of Deluxe Corporation by 17.6% during the 1st quarter. Russell Investments Group Ltd. now owns 114,435 shares of the business services provider’s stock valued at $8,256,000 after purchasing an additional 17,158 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its holdings in shares of Deluxe Corporation by 1.2% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 17,242 shares of the business services provider’s stock valued at $1,244,000 after purchasing an additional 200 shares during the last quarter. Finally, Great West Life Assurance Co. Can boosted its holdings in shares of Deluxe Corporation by 9.0% during the 1st quarter. Great West Life Assurance Co. Can now owns 44,550 shares of the business services provider’s stock valued at $3,216,000 after purchasing an additional 3,679 shares during the last quarter. 91.40% of the stock is owned by institutional investors and hedge funds.

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

Deluxe Corporation (NYSE:DLX) traded down 0.50% on Wednesday, hitting $69.95. 18,727 shares of the company’s stock traded hands. The stock has a 50-day moving average of $69.34 and a 200-day moving average of $70.32. The stock has a market cap of $3.38 billion, a PE ratio of 14.97 and a beta of 1.36. Deluxe Corporation has a one year low of $59.47 and a one year 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 Thomson Reuters’ consensus estimate of $1.24 by $0.05. Deluxe Corporation had a net margin of 11.98% and a return on equity of 27.83%. The business had revenue of $485.20 million for the quarter, compared to analyst estimates of $479.42 million. During the same quarter last year, the business earned $1.20 earnings per share. The company’s revenue for the quarter was up 7.7% compared to the same quarter last year. On average, equities analysts forecast that Deluxe Corporation will post $5.25 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 5th. Stockholders of record on Monday, August 21st were given a $0.30 dividend. The ex-dividend date of this dividend was Thursday, August 17th. This represents a $1.20 annualized dividend and a dividend yield of 1.71%. Deluxe Corporation’s dividend payout ratio (DPR) is 25.64%.

In related news, 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 transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP John D. Filby sold 18,936 shares of the business’s stock in a transaction dated Monday, July 31st. The stock was sold at an average price of $72.21, for a total transaction of $1,367,368.56. Following 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.

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.

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

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