Deluxe Co. (NYSE:DLX) Shares Acquired by Jane Street Group LLC

Jane Street Group LLC grew its holdings in shares of Deluxe Co. (NYSE:DLXFree Report) by 10.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 115,280 shares of the business services provider’s stock after buying an additional 10,447 shares during the quarter. Jane Street Group LLC owned 0.26% of Deluxe worth $2,247,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Deluxe in the second quarter valued at approximately $26,000. Innealta Capital LLC bought a new position in Deluxe in the 2nd quarter worth about $30,000. Ariadne Wealth Management LP bought a new stake in shares of Deluxe during the second quarter valued at approximately $35,000. Truvestments Capital LLC bought a new stake in Deluxe during the 3rd quarter valued at $32,000. Finally, Federated Hermes Inc. lifted its holdings in Deluxe by 55.9% in the second quarter. Federated Hermes Inc. now owns 2,262 shares of the business services provider’s stock worth $51,000 after purchasing an additional 811 shares during the period. 93.90% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Deluxe

In related news, CEO Barry C. Mccarthy bought 2,290 shares of the firm’s stock in a transaction on Thursday, December 5th. The stock was bought at an average price of $23.57 per share, with a total value of $53,975.30. Following the purchase, the chief executive officer now directly owns 180,960 shares of the company’s stock, valued at approximately $4,265,227.20. This represents a 1.28 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 4.23% of the company’s stock.

Deluxe Stock Performance

Shares of NYSE DLX opened at $22.32 on Tuesday. The stock’s fifty day simple moving average is $21.89 and its 200 day simple moving average is $21.21. The company has a quick ratio of 0.83, a current ratio of 0.92 and a debt-to-equity ratio of 2.38. The stock has a market capitalization of $988.15 million, a price-to-earnings ratio of 18.00, a PEG ratio of 0.67 and a beta of 1.52. Deluxe Co. has a 52-week low of $18.48 and a 52-week high of $24.87.

Deluxe Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Tuesday, November 19th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Tuesday, November 19th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.38%. Deluxe’s dividend payout ratio is currently 96.77%.

Analyst Ratings Changes

Separately, StockNews.com raised Deluxe from a “buy” rating to a “strong-buy” rating in a research note on Thursday, December 12th.

Check Out Our Latest Stock Analysis on DLX

Deluxe Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Deluxe (NYSE:DLX)

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