113,549 Shares in Deluxe Co. (NYSE:DLX) Bought by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Deluxe Co. (NYSE:DLX - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 113,549 shares of the business services provider's stock, valued at approximately $2,565,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.26% of Deluxe as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Wealthfront Advisers LLC acquired a new stake in shares of Deluxe in the 4th quarter valued at approximately $220,326,000. Dimensional Fund Advisors LP lifted its stake in Deluxe by 8.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,361,658 shares of the business services provider's stock valued at $53,351,000 after purchasing an additional 177,534 shares during the last quarter. Norges Bank bought a new position in Deluxe in the 4th quarter valued at approximately $3,210,000. Prudential Financial Inc. boosted its position in Deluxe by 24.7% in the fourth quarter. Prudential Financial Inc. now owns 596,977 shares of the business services provider's stock valued at $13,486,000 after buying an additional 118,300 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its stake in shares of Deluxe by 34.2% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 408,069 shares of the business services provider's stock worth $9,218,000 after buying an additional 103,989 shares during the last quarter. Institutional investors own 93.90% of the company's stock.

Deluxe Trading Up 3.3%

NYSE DLX traded up $0.47 during trading hours on Wednesday, reaching $14.84. The company's stock had a trading volume of 418,349 shares, compared to its average volume of 298,275. The firm has a fifty day simple moving average of $14.96 and a 200-day simple moving average of $18.60. The company has a debt-to-equity ratio of 2.36, a current ratio of 0.98 and a quick ratio of 0.83. Deluxe Co. has a 52 week low of $13.61 and a 52 week high of $24.87. The stock has a market cap of $663.94 million, a P/E ratio of 12.58, a P/E/G ratio of 0.52 and a beta of 1.49.

Deluxe (NYSE:DLX - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The business services provider reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.03. Deluxe had a net margin of 2.49% and a return on equity of 21.33%. The firm had revenue of $536.50 million during the quarter, compared to analysts' expectations of $525.43 million. During the same period in the prior year, the company posted $0.76 EPS. The company's revenue was up .3% on a year-over-year basis. Equities analysts forecast that Deluxe Co. will post 2.77 earnings per share for the current fiscal year.

Deluxe Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Monday, May 19th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 8.09%. The ex-dividend date was Monday, May 19th. Deluxe's payout ratio is 96.00%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on DLX shares. Wall Street Zen upgraded shares of Deluxe from a "buy" rating to a "strong-buy" rating in a report on Friday, May 30th. TD Securities lowered their target price on Deluxe from $33.00 to $23.00 and set a "buy" rating for the company in a report on Thursday, May 1st.

Insider Activity at Deluxe

In other Deluxe news, CEO Barry C. Mccarthy bought 3,926 shares of the stock in a transaction that occurred on Monday, March 10th. The shares were bought at an average price of $16.45 per share, for a total transaction of $64,582.70. Following the acquisition, the chief executive officer now directly owns 272,851 shares of the company's stock, valued at approximately $4,488,398.95. The trade was a 1.46% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 5.60% of the stock is currently owned by corporate insiders.

Deluxe Profile

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.