Deluxe Corporation (DLX) Holdings Raised by First Trust Advisors LP

First Trust Advisors LP raised its holdings in shares of Deluxe Corporation (NYSE:DLX) by 21.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 43,149 shares of the business services provider’s stock after acquiring an additional 7,758 shares during the quarter. First Trust Advisors LP owned approximately 0.09% of Deluxe Corporation worth $3,148,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. FMR LLC raised its holdings in Deluxe Corporation by 8.2% during the second quarter. FMR LLC now owns 3,528,134 shares of the business services provider’s stock valued at $244,217,000 after acquiring an additional 267,739 shares during the period. LSV Asset Management raised its holdings in Deluxe Corporation by 5.4% during the second quarter. LSV Asset Management now owns 2,003,550 shares of the business services provider’s stock valued at $138,685,000 after acquiring an additional 103,500 shares during the period. State Street Corp raised its holdings in Deluxe Corporation by 3.1% during the second quarter. State Street Corp now owns 1,647,025 shares of the business services provider’s stock valued at $114,012,000 after acquiring an additional 48,849 shares during the period. Schroder Investment Management Group raised its holdings in Deluxe Corporation by 14.1% during the second quarter. Schroder Investment Management Group now owns 1,476,419 shares of the business services provider’s stock valued at $101,607,000 after acquiring an additional 182,600 shares during the period. Finally, Dimensional Fund Advisors LP raised its holdings in Deluxe Corporation by 7.0% during the second quarter. Dimensional Fund Advisors LP now owns 1,108,247 shares of the business services provider’s stock valued at $76,713,000 after acquiring an additional 72,222 shares during the period. 92.59% of the stock is currently owned by institutional investors and hedge funds.

Separately, BidaskClub cut Deluxe Corporation from a “hold” rating to a “sell” rating in a report on Sunday, August 6th.

Shares of Deluxe Corporation (NYSE DLX) opened at $68.57 on Tuesday. The company has a current ratio of 0.93, a quick ratio of 0.83 and a debt-to-equity ratio of 0.75. The company has a market capitalization of $3,263.12, a PE ratio of 13.02 and a beta of 1.37. Deluxe Corporation has a twelve month low of $66.43 and a twelve month high of $75.94.

Deluxe Corporation (NYSE:DLX) last posted its quarterly earnings results on Thursday, October 26th. The business services provider reported $1.32 EPS for the quarter, beating the Zacks’ consensus estimate of $1.25 by $0.07. The business had revenue of $497.70 million for the quarter, compared to analysts’ expectations of $487.77 million. Deluxe Corporation had a return on equity of 27.56% and a net margin of 10.24%. The business’s quarterly revenue was up 8.5% on a year-over-year basis. During the same period last year, the firm earned $1.22 earnings per share. equities research analysts predict that Deluxe Corporation will post 5.25 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, December 4th. Stockholders of record on Monday, November 20th will be issued a $0.30 dividend. The ex-dividend date is Friday, November 17th. This represents a $1.20 annualized dividend and a dividend yield of 1.75%. Deluxe Corporation’s dividend payout ratio (DPR) is 29.41%.

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About Deluxe Corporation

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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