Deluxe Co. (DLX) VP Julie M. Loosbrock Sells 2,198 Shares

Deluxe Co. (NYSE:DLX) VP Julie M. Loosbrock sold 2,198 shares of the company’s stock in a transaction dated Monday, January 29th. The stock was sold at an average price of $76.37, for a total value of $167,861.26. Following the completion of the transaction, the vice president now directly owns 13,286 shares of the company’s stock, valued at approximately $1,014,651.82. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Deluxe Co. (NYSE:DLX) traded down $0.06 during midday trading on Tuesday, reaching $75.78. The company had a trading volume of 335,126 shares, compared to its average volume of 297,119. The firm has a market cap of $3,702.72, a PE ratio of 16.06 and a beta of 1.36. Deluxe Co. has a 12 month low of $66.43 and a 12 month high of $78.87. The company has a quick ratio of 0.83, a current ratio of 0.92 and a debt-to-equity ratio of 0.66.

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

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 5th. Shareholders of record on Tuesday, February 20th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, February 16th. This represents a $1.20 annualized dividend and a yield of 1.58%. Deluxe’s dividend payout ratio (DPR) is currently 25.42%.

A number of large investors have recently bought and sold shares of DLX. Ladenburg Thalmann Financial Services Inc. increased its stake in Deluxe by 78.8% during the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,733 shares of the business services provider’s stock worth $127,000 after buying an additional 764 shares in the last quarter. Flinton Capital Management LLC increased its stake in Deluxe by 52.6% during the 2nd quarter. Flinton Capital Management LLC now owns 2,320 shares of the business services provider’s stock worth $161,000 after buying an additional 800 shares in the last quarter. Bessemer Group Inc. increased its stake in Deluxe by 61.4% during the 3rd quarter. Bessemer Group Inc. now owns 2,320 shares of the business services provider’s stock worth $169,000 after buying an additional 883 shares in the last quarter. Stifel Financial Corp purchased a new stake in Deluxe during the 2nd quarter worth approximately $201,000. Finally, Bradley Foster & Sargent Inc. CT purchased a new stake in Deluxe during the 3rd quarter worth approximately $202,000. Institutional investors own 92.65% of the company’s stock.

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Deluxe Company 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.

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