Tudor Investment Corp ET AL decreased its holdings in shares of Deluxe Corporation (NYSE:DLX) by 31.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,796 shares of the business services provider’s stock after selling 2,199 shares during the period. Tudor Investment Corp ET AL’s holdings in Deluxe Corporation were worth $332,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in DLX. JPMorgan Chase & Co. increased its position in Deluxe Corporation by 2.7% during the 1st quarter. JPMorgan Chase & Co. now owns 233,834 shares of the business services provider’s stock worth $16,876,000 after purchasing an additional 6,138 shares during the period. Principal Financial Group Inc. grew its holdings in shares of Deluxe Corporation by 2.4% in the 1st quarter. Principal Financial Group Inc. now owns 201,257 shares of the business services provider’s stock worth $14,524,000 after acquiring an additional 4,661 shares during the period. Advantus Capital Management Inc grew its holdings in shares of Deluxe Corporation by 2.8% in the 1st quarter. Advantus Capital Management Inc now owns 6,211 shares of the business services provider’s stock worth $448,000 after acquiring an additional 172 shares during the period. Teachers Advisors LLC grew its holdings in shares of Deluxe Corporation by 5.5% in the 1st quarter. Teachers Advisors LLC now owns 83,480 shares of the business services provider’s stock worth $6,025,000 after acquiring an additional 4,326 shares during the period. Finally, Legal & General Group Plc grew its holdings in shares of Deluxe Corporation by 15.4% in the 1st quarter. Legal & General Group Plc now owns 50,002 shares of the business services provider’s stock worth $3,609,000 after acquiring an additional 6,678 shares during the period. Institutional investors own 91.32% of the company’s stock.

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

In related news, VP John D. Filby sold 18,936 shares of the firm’s stock in a transaction that occurred on 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 transaction, the vice president now owns 46,154 shares in the company, valued at $3,332,780.34. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ronald C. Baldwin sold 2,000 shares of the firm’s stock in a transaction that occurred on 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 owned by company insiders.

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Shares of Deluxe Corporation (NYSE:DLX) opened at 73.35 on Friday. Deluxe Corporation has a 12-month low of $59.47 and a 12-month high of $75.94. The company has a 50 day moving average price of $70.74 and a 200-day moving average price of $70.05. The firm has a market cap of $3.55 billion, a PE ratio of 15.69 and a beta of 1.35.

Deluxe Corporation (NYSE:DLX) last posted its quarterly earnings data on Thursday, July 27th. The business services provider reported $1.29 EPS for the quarter, beating the Zacks’ 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 business’s revenue for the quarter was up 7.7% on a year-over-year basis. Analysts expect 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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