Thrivent Financial for Lutherans Has $678,000 Position in Deluxe Co. (NYSE:DLX)

Thrivent Financial for Lutherans reduced its holdings in Deluxe Co. (NYSE:DLX) by 5.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 34,795 shares of the business services provider’s stock after selling 1,846 shares during the period. Thrivent Financial for Lutherans owned approximately 0.08% of Deluxe worth $678,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of DLX. Price T Rowe Associates Inc. MD lifted its holdings in Deluxe by 4.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 42,265 shares of the business services provider’s stock valued at $871,000 after buying an additional 1,874 shares during the period. DekaBank Deutsche Girozentrale lifted its holdings in Deluxe by 127.7% in the first quarter. DekaBank Deutsche Girozentrale now owns 22,766 shares of the business services provider’s stock valued at $465,000 after buying an additional 12,766 shares during the period. CWM LLC lifted its holdings in Deluxe by 555.6% in the second quarter. CWM LLC now owns 1,757 shares of the business services provider’s stock valued at $39,000 after buying an additional 1,489 shares during the period. Nisa Investment Advisors LLC increased its stake in Deluxe by 51.2% in the second quarter. Nisa Investment Advisors LLC now owns 40,184 shares of the business services provider’s stock valued at $903,000 after purchasing an additional 13,600 shares in the last quarter. Finally, Security National Bank bought a new stake in Deluxe in the second quarter valued at approximately $40,000. 93.90% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Deluxe

In related news, CEO Barry C. Mccarthy bought 2,820 shares of the business’s stock in a transaction dated Tuesday, September 10th. The stock was bought at an average price of $19.08 per share, for a total transaction of $53,805.60. Following the purchase, the chief executive officer now owns 178,670 shares in the company, valued at $3,409,023.60. This represents a 1.60 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 4.23% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of Deluxe from a “strong-buy” rating to a “buy” rating in a research note on Thursday, November 21st.

Deluxe Stock Performance

NYSE DLX opened at $23.69 on Thursday. The firm has a 50-day moving average of $20.85 and a 200-day moving average of $21.17. The company has a debt-to-equity ratio of 2.38, a quick ratio of 0.83 and a current ratio of 0.92. The stock has a market cap of $1.05 billion, a PE ratio of 19.10, a P/E/G ratio of 0.67 and a beta of 1.52. Deluxe Co. has a 52-week low of $18.26 and a 52-week high of $24.87.

Deluxe Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Tuesday, November 19th were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.07%. The ex-dividend date was Tuesday, November 19th. Deluxe’s dividend payout ratio is presently 96.77%.

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.