Deluxe Corporation (DLX) : Delphi Management Inc reduced its stake in Deluxe Corporation by 2.49% during the most recent quarter end. The investment management company now holds a total of 40,723 shares of Deluxe Corporation which is valued at $2,733,328 after selling 1,042 shares in Deluxe Corporation , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Deluxe Corporation makes up approximately 1.60% of Delphi Management Inc’s portfolio.
Other Hedge Funds, Including , Hbk Investments L P sold out all of its stake in DLX during the most recent quarter. The investment firm sold 10,045 shares of DLX which is valued $674,220.Nicholas Co Inc Wi boosted its stake in DLX in the latest quarter, The investment management firm added 151,440 additional shares and now holds a total of 232,590 shares of Deluxe Corporation which is valued at $15,611,441. Deluxe Corporation makes up approx 0.31% of Nicholas Co Inc Wi’s portfolio.Nuveen Asset Management boosted its stake in DLX in the latest quarter, The investment management firm added 847 additional shares and now holds a total of 33,552 shares of Deluxe Corporation which is valued at $2,252,010. Deluxe Corporation makes up approx 0.01% of Nuveen Asset Management’s portfolio.Blackrock Advisors boosted its stake in DLX in the latest quarter, The investment management firm added 58 additional shares and now holds a total of 22,987 shares of Deluxe Corporation which is valued at $1,542,887. Gemmer Asset Management added DLX to its portfolio by purchasing 46 company shares during the most recent quarter which is valued at $3,230.
Deluxe Corporation closed down -0.04 points or -0.06% at $68.13 with 2,11,252 shares getting traded on Thursday. Post opening the session at $68.1, the shares hit an intraday low of $67.17 and an intraday high of $68.32 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
On the company’s financial health, Deluxe Corporation reported $1.20 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $1.18. The company had revenue of $450.60 million for the quarter, compared to analysts expectations of $450.64 million. The company’s revenue was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.13 EPS.
Deluxe Corporation provides payment solutions. The Companys product and service offerings consist of checks forms and accessories and other products. The Company operates in three segments: Small Business Services segment Financial Services segment and Direct Checks segment. The Small Business Services segment offers Web design hosting and other Web services; search engine optimization; digital printing services and logo design among others. The Financial Services segment offers customer acquisition programs financial institution profitability and risk management services marketing communications services and fraud protection and security services among others. It also offers forms such as deposit tickets and check registers. The Direct Checks segment supplies checks and provides fraud protection and security services as well as package insert programs. It offers its products under brand names such as Checks Unlimited Designer Checks Deluxe and NEBS among others.