Jane Street Group LLC Has $1.43 Million Stock Holdings in Deluxe Co. (NYSE:DLX)

Jane Street Group LLC trimmed its stake in Deluxe Co. (NYSE:DLX - Free Report) by 45.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 63,115 shares of the business services provider's stock after selling 52,165 shares during the period. Jane Street Group LLC owned about 0.14% of Deluxe worth $1,426,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Comerica Bank lifted its stake in shares of Deluxe by 70.5% in the fourth quarter. Comerica Bank now owns 31,496 shares of the business services provider's stock valued at $711,000 after buying an additional 13,019 shares during the period. Northern Trust Corp raised its holdings in Deluxe by 7.4% in the 4th quarter. Northern Trust Corp now owns 503,321 shares of the business services provider's stock valued at $11,370,000 after acquiring an additional 34,659 shares in the last quarter. New Vernon Capital Holdings II LLC bought a new stake in shares of Deluxe in the 4th quarter worth approximately $204,000. Voya Investment Management LLC lifted its position in shares of Deluxe by 142.3% in the 4th quarter. Voya Investment Management LLC now owns 36,224 shares of the business services provider's stock worth $818,000 after acquiring an additional 21,275 shares during the period. Finally, Hsbc Holdings PLC grew its holdings in shares of Deluxe by 7.6% during the 4th quarter. Hsbc Holdings PLC now owns 31,208 shares of the business services provider's stock worth $707,000 after purchasing an additional 2,207 shares in the last quarter. 93.90% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Barry C. Mccarthy acquired 3,926 shares of the firm's stock in a transaction on Monday, March 10th. The shares were purchased at an average cost of $16.45 per share, with a total value of $64,582.70. Following the completion of the purchase, the chief executive officer now owns 272,851 shares of the company's stock, valued at $4,488,398.95. This represents a 1.46% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 5.60% of the stock is currently owned by corporate insiders.

Deluxe Price Performance

NYSE DLX traded down $0.33 during trading on Friday, reaching $13.63. 375,953 shares of the company traded hands, compared to its average volume of 294,922. Deluxe Co. has a 1-year low of $13.61 and a 1-year high of $24.87. The company has a market cap of $609.94 million, a price-to-earnings ratio of 11.55, a P/E/G ratio of 0.52 and a beta of 1.49. The stock's 50 day moving average price is $15.23 and its two-hundred day moving average price is $19.03. The company has a debt-to-equity ratio of 2.36, a quick ratio of 0.83 and a current ratio of 0.98.

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

Deluxe Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Monday, May 19th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 8.80%. The ex-dividend date of this dividend is Monday, May 19th. Deluxe's payout ratio is 96.00%.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Sidoti upgraded Deluxe to a "hold" rating in a research note on Thursday, January 30th. TD Securities lowered their price target on shares of Deluxe from $33.00 to $23.00 and set a "buy" rating on the stock in a report on Thursday, May 1st. Finally, Wall Street Zen downgraded shares of Deluxe from a "strong-buy" rating to a "buy" rating in a report on Wednesday, March 26th.

Deluxe Company 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.