Deluxe Co. (NYSE:DLX) Shares Sold by Centiva Capital LP

Centiva Capital LP reduced its holdings in Deluxe Co. (NYSE:DLX) by 12.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,203 shares of the business services provider’s stock after selling 2,099 shares during the quarter. Centiva Capital LP’s holdings in Deluxe were worth $277,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in DLX. LSV Asset Management increased its holdings in shares of Deluxe by 1.0% in the second quarter. LSV Asset Management now owns 2,112,423 shares of the business services provider’s stock valued at $47,445,000 after buying an additional 21,752 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Deluxe by 6.4% in the second quarter. Dimensional Fund Advisors LP now owns 2,040,327 shares of the business services provider’s stock worth $45,824,000 after acquiring an additional 123,361 shares in the last quarter. Deprince Race & Zollo Inc. raised its holdings in shares of Deluxe by 3.4% during the second quarter. Deprince Race & Zollo Inc. now owns 1,907,463 shares of the business services provider’s stock valued at $42,842,000 after acquiring an additional 62,525 shares during the period. Bank of New York Mellon Corp lifted its position in shares of Deluxe by 3.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 813,712 shares of the business services provider’s stock valued at $18,276,000 after acquiring an additional 27,111 shares in the last quarter. Finally, AQR Capital Management LLC boosted its stake in Deluxe by 4.5% in the 2nd quarter. AQR Capital Management LLC now owns 259,138 shares of the business services provider’s stock worth $5,820,000 after purchasing an additional 11,240 shares during the period. 93.90% of the stock is owned by institutional investors and hedge funds.

Deluxe Trading Up 1.2 %

NYSE:DLX opened at $23.87 on Thursday. The stock has a market cap of $1.06 billion, a PE ratio of 19.25, a price-to-earnings-growth ratio of 0.66 and a beta of 1.52. Deluxe Co. has a fifty-two week low of $18.38 and a fifty-two week high of $24.87. The company has a debt-to-equity ratio of 2.38, a current ratio of 0.92 and a quick ratio of 0.83. The stock’s 50-day moving average is $21.28 and its two-hundred day moving average is $21.20.

Deluxe Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Tuesday, November 19th were paid a $0.30 dividend. The ex-dividend date was Tuesday, November 19th. This represents a $1.20 annualized dividend and a yield of 5.03%. Deluxe’s dividend payout ratio is presently 96.77%.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Deluxe from a “strong-buy” rating to a “buy” rating in a research note on Thursday, November 21st.

Insiders Place Their Bets

In other news, CEO Barry C. Mccarthy acquired 2,290 shares of the company’s stock in a transaction that occurred on Thursday, December 5th. The shares were purchased at an average price of $23.57 per share, for a total transaction of $53,975.30. Following the completion of the acquisition, the chief executive officer now owns 180,960 shares of the company’s stock, valued at approximately $4,265,227.20. This represents a 1.28 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 4.23% of the company’s stock.

About Deluxe

Deluxe Corporation provides technology-enabled solutions to enterprises, small businesses, and financial institutions in the United States, Canada, and Australia. It operates through Merchant Services, B2B Payments, Data Solutions, and Print segments. The Merchant Services offers credit and debit card authorization and payment systems, as well as processing services primarily to small and medium-sized retail and service businesses.