GSA Capital Partners LLP Takes $348,000 Position in Deluxe Co. (NYSE:DLX)

GSA Capital Partners LLP acquired a new stake in Deluxe Co. (NYSE:DLX) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 4,769 shares of the business services provider’s stock, valued at approximately $348,000.

Several other hedge funds also recently made changes to their positions in the stock. Eqis Capital Management Inc. bought a new stake in Deluxe in the 3rd quarter valued at about $219,000. WBI Investments Inc. raised its position in shares of Deluxe by 341.2% in the 2nd quarter. WBI Investments Inc. now owns 122,891 shares of the business services provider’s stock valued at $8,506,000 after buying an additional 95,035 shares in the last quarter. Investment House LLC raised its position in shares of Deluxe by 12.1% in the 3rd quarter. Investment House LLC now owns 83,980 shares of the business services provider’s stock valued at $6,127,000 after buying an additional 9,045 shares in the last quarter. Prudential Financial Inc. raised its position in shares of Deluxe by 26.7% in the 3rd quarter. Prudential Financial Inc. now owns 203,912 shares of the business services provider’s stock valued at $14,877,000 after buying an additional 43,010 shares in the last quarter. Finally, Principal Financial Group Inc. increased its position in Deluxe by 4.0% during the 2nd quarter. Principal Financial Group Inc. now owns 209,248 shares of the business services provider’s stock worth $14,484,000 after purchasing an additional 7,991 shares in the last quarter. 92.80% of the stock is owned by institutional investors and hedge funds.

Deluxe Co. (NYSE:DLX) opened at $77.67 on Monday. The company has a current ratio of 0.93, a quick ratio of 0.83 and a debt-to-equity ratio of 0.75. Deluxe Co. has a 12-month low of $66.43 and a 12-month high of $78.24. The stock has a market cap of $3,737.60, a P/E ratio of 19.04 and a beta of 1.36.

Deluxe (NYSE:DLX) last announced its quarterly earnings results on Thursday, October 26th. The business services provider reported $1.32 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.25 by $0.07. Deluxe had a net margin of 10.24% and a return on equity of 27.56%. The firm had revenue of $497.70 million during the quarter, compared to analysts’ expectations of $487.77 million. During the same period in the prior year, the company posted $1.22 EPS. The company’s revenue was up 8.5% on a year-over-year basis.

In other news, CEO Lee J. Schram sold 33,030 shares of the company’s stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $71.32, for a total value of $2,355,699.60. The transaction was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 2.40% of the company’s stock.

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About Deluxe

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.

Institutional Ownership by Quarter for Deluxe (NYSE:DLX)

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