Hudson Portfolio Management LLC Has $441,000 Stock Holdings in Deluxe Co. (NYSE:DLX)

Hudson Portfolio Management LLC boosted its position in shares of Deluxe Co. (NYSE:DLX) by 33.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,540 shares of the business services provider’s stock after acquiring an additional 4,900 shares during the period. Hudson Portfolio Management LLC’s holdings in Deluxe were worth $441,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. FMR LLC raised its stake in shares of Deluxe by 57.2% in the third quarter. FMR LLC now owns 3,206 shares of the business services provider’s stock valued at $62,000 after purchasing an additional 1,166 shares in the last quarter. Verition Fund Management LLC bought a new stake in Deluxe in the 3rd quarter valued at $262,000. State Street Corp raised its stake in shares of Deluxe by 1.1% in the 3rd quarter. State Street Corp now owns 1,695,132 shares of the business services provider’s stock valued at $33,038,000 after buying an additional 18,133 shares in the last quarter. Jane Street Group LLC lifted its holdings in shares of Deluxe by 10.0% during the 3rd quarter. Jane Street Group LLC now owns 115,280 shares of the business services provider’s stock worth $2,247,000 after acquiring an additional 10,447 shares during the period. Finally, Barclays PLC boosted its position in shares of Deluxe by 73.2% during the 3rd quarter. Barclays PLC now owns 148,447 shares of the business services provider’s stock valued at $2,893,000 after acquiring an additional 62,715 shares in the last quarter. Institutional investors and hedge funds own 93.90% of the company’s stock.

Deluxe Trading Up 2.2 %

Shares of DLX stock opened at $14.60 on Friday. The company has a quick ratio of 0.83, a current ratio of 0.98 and a debt-to-equity ratio of 2.36. The company has a market capitalization of $652.91 million, a P/E ratio of 12.37, a P/E/G ratio of 0.52 and a beta of 1.41. Deluxe Co. has a 12-month low of $13.70 and a 12-month high of $24.87. The firm has a 50-day moving average price of $16.52 and a 200 day moving average price of $19.91.

Deluxe (NYSE:DLX) last announced its earnings results on Wednesday, February 5th. The business services provider reported $0.75 EPS for the quarter, missing the consensus estimate of $0.80 by ($0.05). Deluxe had a return on equity of 21.33% and a net margin of 2.49%. Research analysts forecast that Deluxe Co. will post 2.77 earnings per share for the current fiscal year.

Deluxe Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a $0.30 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 8.22%. Deluxe’s dividend payout ratio (DPR) is presently 101.69%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Sidoti upgraded shares of Deluxe to a “hold” rating in a research note on Thursday, January 30th. StockNews.com downgraded Deluxe from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, March 26th.

Insider Buying and Selling

In related news, CEO Barry C. Mccarthy bought 3,926 shares of the company’s stock in a transaction on Monday, March 10th. The stock was bought 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 in the company, valued at approximately $4,488,398.95. The trade was a 1.46 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. 5.60% of the stock is owned by corporate insiders.

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.