Public Employees Retirement System of Ohio Has $716,000 Stake in Deluxe Co. (DLX)

Public Employees Retirement System of Ohio lifted its holdings in shares of Deluxe Co. (NYSE:DLX) by 34.3% during the 4th quarter, Holdings Channel reports. The firm owned 18,630 shares of the business services provider’s stock after buying an additional 4,763 shares during the period. Public Employees Retirement System of Ohio’s holdings in Deluxe were worth $716,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the stock. Millennium Management LLC grew its stake in Deluxe by 817.4% in the 4th quarter. Millennium Management LLC now owns 245,522 shares of the business services provider’s stock valued at $9,438,000 after buying an additional 218,759 shares during the last quarter. Macquarie Group Ltd. grew its stake in Deluxe by 0.4% in the 4th quarter. Macquarie Group Ltd. now owns 636,467 shares of the business services provider’s stock valued at $24,466,000 after buying an additional 2,500 shares during the last quarter. Sentinel Trust Co. LBA acquired a new position in Deluxe in the 4th quarter valued at $2,343,000. Legal & General Group Plc grew its stake in Deluxe by 5.2% in the 4th quarter. Legal & General Group Plc now owns 62,639 shares of the business services provider’s stock valued at $2,408,000 after buying an additional 3,079 shares during the last quarter. Finally, Thrivent Financial for Lutherans grew its stake in Deluxe by 2.7% in the 4th quarter. Thrivent Financial for Lutherans now owns 11,843 shares of the business services provider’s stock valued at $455,000 after buying an additional 314 shares during the last quarter. Institutional investors and hedge funds own 91.45% of the company’s stock.

Separately, Zacks Investment Research lowered shares of Deluxe from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 9th.



NYSE:DLX opened at $46.24 on Monday. The stock has a market cap of $2.01 billion, a PE ratio of 8.13 and a beta of 1.34. Deluxe Co. has a 52 week low of $36.70 and a 52 week high of $75.88. The company has a quick ratio of 1.03, a current ratio of 1.15 and a debt-to-equity ratio of 1.00.

Deluxe (NYSE:DLX) last released its quarterly earnings data on Thursday, January 24th. The business services provider reported $1.54 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.07. The company had revenue of $524.70 million during the quarter, compared to the consensus estimate of $522.60 million. Deluxe had a net margin of 7.80% and a return on equity of 26.89%. The firm’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same period last year, the firm earned $1.40 EPS. On average, equities research analysts expect that Deluxe Co. will post 5.46 EPS for the current year.

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About Deluxe

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.

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Institutional Ownership by Quarter for Deluxe (NYSE:DLX)

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