BB&T Corp lowered its holdings in shares of Deluxe Co. (NYSE:DLX) by 3.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 54,981 shares of the business services provider’s stock after selling 2,253 shares during the period. BB&T Corp’s holdings in Deluxe were worth $4,224,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Suntrust Banks Inc. grew its stake in Deluxe by 0.8% during the second quarter. Suntrust Banks Inc. now owns 5,480 shares of the business services provider’s stock worth $379,000 after purchasing an additional 42 shares during the period. Public Employees Retirement System of Ohio grew its stake in Deluxe by 0.6% during the second quarter. Public Employees Retirement System of Ohio now owns 38,408 shares of the business services provider’s stock worth $2,659,000 after purchasing an additional 241 shares during the period. Amalgamated Bank grew its stake in Deluxe by 3.9% during the second quarter. Amalgamated Bank now owns 6,976 shares of the business services provider’s stock worth $483,000 after purchasing an additional 264 shares during the period. Dana Investment Advisors Inc. grew its stake in Deluxe by 0.3% during the second quarter. Dana Investment Advisors Inc. now owns 145,819 shares of the business services provider’s stock worth $10,094,000 after purchasing an additional 368 shares during the period. Finally, Pacer Advisors Inc. grew its stake in Deluxe by 11.7% during the third quarter. Pacer Advisors Inc. now owns 7,181 shares of the business services provider’s stock worth $524,000 after purchasing an additional 750 shares during the period. 92.65% of the stock is owned by institutional investors and hedge funds.

Shares of Deluxe Co. (NYSE DLX) opened at $74.00 on Friday. Deluxe Co. has a one year low of $66.43 and a one year high of $78.87. The company has a market capitalization of $3,637.44, a P/E ratio of 15.68 and a beta of 1.36. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.83 and a current ratio of 0.92.

Deluxe (NYSE:DLX) last released its earnings results on Thursday, January 25th. The business services provider reported $1.40 EPS for the quarter, hitting the consensus estimate of $1.40. Deluxe had a return on equity of 26.80% and a net margin of 11.71%. The business had revenue of $494.90 million during the quarter, compared to analysts’ expectations of $500.75 million. During the same quarter last year, the firm posted $1.35 earnings per share. The firm’s revenue was up 3.1% on a year-over-year basis. analysts forecast that Deluxe Co. will post 5.68 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 5th. Shareholders of record on Tuesday, February 20th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Friday, February 16th. This represents a $1.20 dividend on an annualized basis and a yield of 1.62%. Deluxe’s dividend payout ratio (DPR) is presently 25.42%.

In other Deluxe news, insider Malcolm Mcroberts sold 5,402 shares of the firm’s stock in a transaction that occurred on Monday, January 29th. The stock was sold at an average price of $76.45, for a total value of $412,982.90. Following the completion of the sale, the insider now owns 55,702 shares of the company’s stock, valued at $4,258,417.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Julie M. Loosbrock sold 2,198 shares of the firm’s stock in a transaction that occurred on Monday, January 29th. The shares were sold at an average price of $76.37, for a total value of $167,861.26. Following the completion of the sale, the vice president now directly owns 13,286 shares of the company’s stock, valued at approximately $1,014,651.82. The disclosure for this sale can be found here. Insiders sold 40,630 shares of company stock valued at $2,936,544 in the last three months. Insiders own 2.40% of the company’s stock.

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About Deluxe

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 (NYSE:DLX)

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