Parametrica Management Ltd Has $329,000 Stake in Deluxe Corporation (DLX)

Parametrica Management Ltd grew its holdings in shares of Deluxe Corporation (NYSE:DLX) by 26.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,514 shares of the business services provider’s stock after buying an additional 943 shares during the quarter. Parametrica Management Ltd’s holdings in Deluxe Corporation were worth $329,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of DLX. Teachers Advisors LLC grew its holdings in shares of Deluxe Corporation by 5.5% during the first quarter. Teachers Advisors LLC now owns 83,480 shares of the business services provider’s stock valued at $6,025,000 after buying an additional 4,326 shares during the last quarter. Legal & General Group Plc grew its holdings in shares of Deluxe Corporation by 15.4% during the first quarter. Legal & General Group Plc now owns 50,002 shares of the business services provider’s stock valued at $3,609,000 after buying an additional 6,678 shares during the last quarter. Thrivent Financial For Lutherans grew its holdings in shares of Deluxe Corporation by 5.0% during the first quarter. Thrivent Financial For Lutherans now owns 16,771 shares of the business services provider’s stock valued at $1,209,000 after buying an additional 800 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Deluxe Corporation by 3.9% during the first quarter. Vanguard Group Inc. now owns 4,133,898 shares of the business services provider’s stock valued at $298,344,000 after buying an additional 155,227 shares during the last quarter. Finally, Renaissance Technologies LLC grew its holdings in shares of Deluxe Corporation by 354.8% during the first quarter. Renaissance Technologies LLC now owns 132,800 shares of the business services provider’s stock valued at $9,584,000 after buying an additional 103,600 shares during the last quarter. Hedge funds and other institutional investors own 90.74% of the company’s stock.

Separately, BidaskClub upgraded shares of Deluxe Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, July 11th.

Deluxe Corporation (NYSE:DLX) last released its earnings results on Thursday, October 26th. The business services provider reported $1.32 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.25 by $0.07. The firm had revenue of $497.70 million for the quarter, compared to the consensus estimate of $487.77 million. Deluxe Corporation had a net margin of 10.24% and a return on equity of 27.56%. The company’s revenue was up 8.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.22 EPS.

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 4th. Stockholders of record on Monday, November 20th will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.72%. The ex-dividend date of this dividend is Friday, November 17th. Deluxe Corporation’s dividend payout ratio is presently 29.41%.

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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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