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.
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.
WARNING: This article was posted by American Banking News and is the sole property of of American Banking News. If you are viewing this article on another website, it was copied illegally and reposted in violation of U.S. & international trademark and copyright legislation. The original version of this article can be accessed at https://www.americanbankingnews.com/2018/01/30/deluxe-co-dlx-vp-julie-m-loosbrock-sells-2198-shares.html.
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.
Receive News & Ratings for Deluxe Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deluxe and related companies with MarketBeat.com's FREE daily email newsletter.