Deluxe Co. (NYSE:DLX) Shares Sold by Keeley Teton Advisors LLC

Keeley Teton Advisors LLC cut its holdings in Deluxe Co. (NYSE:DLX) by 8.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,190 shares of the business services provider’s stock after selling 2,000 shares during the period. Keeley Teton Advisors LLC’s holdings in Deluxe were worth $1,705,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of DLX. Ladenburg Thalmann Financial Services Inc. lifted its stake in Deluxe by 78.8% in the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,733 shares of the business services provider’s stock worth $127,000 after purchasing an additional 764 shares during the last quarter. Bessemer Group Inc. lifted its stake in Deluxe by 61.4% in the third quarter. Bessemer Group Inc. now owns 2,320 shares of the business services provider’s stock worth $169,000 after purchasing an additional 883 shares during the last quarter. Bradley Foster & Sargent Inc. CT bought a new position in shares of Deluxe during the third quarter valued at about $202,000. Bowling Portfolio Management LLC bought a new position in shares of Deluxe during the fourth quarter valued at about $212,000. Finally, Signition LP bought a new position in shares of Deluxe during the fourth quarter valued at about $220,000. 94.30% of the stock is owned by institutional investors and hedge funds.

How to Become a New Pot Stock Millionaire

In related news, VP Julie M. Loosbrock sold 2,198 shares of the business’s stock in a transaction dated Monday, January 29th. The shares were sold at an average price of $76.37, for a total transaction of $167,861.26. Following the transaction, the vice president now owns 13,286 shares in the company, valued at $1,014,651.82. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Lee J. Schram sold 17,370 shares of the business’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $73.65, for a total transaction of $1,279,300.50. Following the transaction, the chief executive officer now owns 293,242 shares in the company, valued at approximately $21,597,273.30. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 48,159 shares of company stock valued at $3,592,415. Insiders own 2.30% of the company’s stock.

Shares of NYSE:DLX traded down $1.36 during midday trading on Monday, hitting $72.65. 368,775 shares of the stock traded hands, compared to its average volume of 313,495. The company has a market cap of $3,546.82, a price-to-earnings ratio of 13.79 and a beta of 1.12. The company has a current ratio of 0.92, a quick ratio of 0.82 and a debt-to-equity ratio of 0.66. Deluxe Co. has a one year low of $66.43 and a one year high of $78.87.

Deluxe (NYSE:DLX) last issued its quarterly earnings data on Thursday, January 25th. The business services provider reported $1.40 EPS for the quarter, meeting the consensus estimate of $1.40. The firm had revenue of $494.90 million during the quarter, compared to the consensus estimate of $500.75 million. Deluxe had a net margin of 11.71% and a return on equity of 26.80%. The company’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.35 earnings per share. research analysts forecast that Deluxe Co. will post 5.68 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 5th. Stockholders of record on Tuesday, February 20th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.65%. The ex-dividend date was Friday, February 16th. Deluxe’s dividend payout ratio (DPR) is 22.77%.

Separately, Sidoti started coverage on shares of Deluxe in a research note on Monday, March 26th. They set a “buy” rating for the company.

TRADEMARK VIOLATION NOTICE: This report was first published by Enterprise Leader and is the sole property of of Enterprise Leader. If you are viewing this report on another website, it was copied illegally and reposted in violation of U.S. and international copyright and trademark law. The original version of this report can be read at https://theenterpriseleader.com/2018/04/02/keeley-teton-advisors-llc-sells-2000-shares-of-deluxe-co-nysedlx.html.

Deluxe Profile

Deluxe Corporation provides checks, forms, marketing solutions, accessories, and other products and services for small businesses and financial institutions. It operates through three segments: Small Business Services, Financial Services, and Direct Checks. The company provides checks; printed forms, such as deposit tickets, billing forms, work orders, job proposals, purchase orders, invoices, and personnel forms, as well as computer forms and check registers; and accessories and other products comprising envelopes, office supplies, ink stamps, and labels, as well as checkbook covers.

Institutional Ownership by Quarter for Deluxe (NYSE:DLX)

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.

Leave a Reply