Aperio Group LLC Raises Stake in Deluxe Co. (DLX)

Aperio Group LLC lifted its stake in shares of Deluxe Co. (NYSE:DLX) by 15.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 73,598 shares of the business services provider’s stock after acquiring an additional 9,590 shares during the period. Aperio Group LLC owned approximately 0.15% of Deluxe worth $5,655,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Ladenburg Thalmann Financial Services Inc. grew its position in Deluxe by 78.8% in the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,733 shares of the business services provider’s stock valued at $127,000 after purchasing an additional 764 shares in the last quarter. Flinton Capital Management LLC grew its position in Deluxe by 52.6% in the second quarter. Flinton Capital Management LLC now owns 2,320 shares of the business services provider’s stock valued at $161,000 after purchasing an additional 800 shares in the last quarter. Bessemer Group Inc. grew its position in Deluxe by 61.4% in the third quarter. Bessemer Group Inc. now owns 2,320 shares of the business services provider’s stock valued at $169,000 after purchasing an additional 883 shares in the last quarter. Stifel Financial Corp bought a new position in Deluxe in the second quarter valued at $201,000. Finally, Bradley Foster & Sargent Inc. CT bought a new position in Deluxe in the third quarter valued at $202,000. 92.65% of the stock is owned by institutional investors and hedge funds.

Deluxe Co. (DLX) opened at $70.04 on Wednesday. The firm has a market cap of $3,370.00, a price-to-earnings ratio of 17.17 and a beta of 1.18. Deluxe Co. has a 12-month low of $66.43 and a 12-month high of $78.87. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.92 and a quick ratio of 0.83.

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

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 5th. Investors of record on Tuesday, February 20th will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.71%. The ex-dividend date of this dividend is Friday, February 16th. Deluxe’s dividend payout ratio (DPR) is currently 29.41%.

In other Deluxe news, insider Malcolm Mcroberts sold 5,402 shares of the stock in a transaction on Monday, January 29th. The shares were 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 in the company, valued at $4,258,417.90. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP Julie M. Loosbrock sold 2,198 shares of the stock in a transaction on Monday, January 29th. The shares were sold at an average price of $76.37, for a total transaction of $167,861.26. Following the completion of the sale, the vice president now 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. In the last ninety days, insiders sold 40,630 shares of company stock valued at $2,936,544. 2.40% of the stock is owned by insiders.

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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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