The Arizona State Retirement System cut its stake in Deluxe Co. (NYSE: DLX) by 3.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 085 shares in the corporate services provider after selling 476 shares during the quarter. The Arizona State Retirement System stakes in Deluxe were worth $ 250 at the end of last quarter.
Other major investors have also increased or reduced their stake in the company. The Swiss National Bank increased its stake in Deluxe by 0.6% in the third quarter. The Swiss National Bank now owns 085,800 shares in the corporate services provider valued at USD 2,439,000 after purchasing an additional 550 shares in the last quarter. Strs Ohio increased its stake in Deluxe stocks by 2.5% in the third quarter. Strs Ohio now owns 18,700 shares of the corporate services provider, valued at $ 738, after purchasing an additional 700 shares last quarter. Nisa Investment Advisors LLC increased its stake in Deluxe by 3.4% in the fourth quarter. Nisa Investment Advisors LLC now owns 18.66 shares in the corporate services provider, valued at $ 849, after purchasing an additional 950 shares during the period. Zebra Capital Management LLC increased its stake in Deluxe. 6% in the 3rd quarter. Zebra Capital Management LLC now owns, 461 shares of the corporate services provider, valued at $ 449, after purchasing an additional 2,362 shares during the period. Finally, Pacer Advisors Inc. increased its stake in Deluxe by 3.2% in the 4th quarter. Pacer Advisors Inc. now owns $ 800, 828 shares in the corporate services provider, having purchased an additional 2,484 shares during the period. Institutional investors and hedge funds own 88. 60% of the company’s stock.
DLX shares opened at $ 29. 38 on Mondays. Deluxe Co. has a one-month low of $ 18. 90 and a 12-month high of $ 30. 13. The business has a one-day simple moving average of $ 17. 56 and a two-hundred-day simple moving average of $ 12. 50. The company has a fast ratio of 1.60, a current ratio of 1.65, and a debt to equity ratio of 2.. The stock has a market cap of $ 1 billion, 59, a PE ratio of 59.76, and a beta of 1. 64.
Deluxe (NYSE: DLX) last released its quarterly results on Thursday, February 4th. The business service provider reported $ 1. 19 earnings per share for the quarter beating consensus estimate of $ 1. 15 by $ 0. 19. Deluxe had a return on equity of 34. 64% and a net margin of 1. 40%.
The company recently decided on a quarterly dividend that will be paid on Monday March 1st. Current shareholders on Tuesday, February th will be issued a $ 0. 19 dividend. The ex-dividend day of this dividend is Friday, February th. This equates to a $ 1. 16 annualized dividend and a yield of 3.%.
Regardless of this, TheStreet Deluxe upgraded from a “d +” rating to a “c” rating in a research report on Friday, November 6th.
Deluxe Corporation provides printed business forms, checks, marketing solutions, supplies, and other small business products and services to businesses and financial institutions. The company operates in three segments: Small Business Services, Financial Services and Direct Checks. The company provides marketing materials and advertising solutions such as postcards, brochures, retail packaging, apparel, greeting cards, and business cards. and treasury management solutions, including remittance and safe deposit box processing, remote deposit capture, receivables management, payment processing and paperless treasury management, as well as software, hardware and digital imaging solutions.
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