Deluxe Corporation (DLX) : New Amsterdam Partnersny scooped up 3,488 additional shares in Deluxe Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 11, 2016. The investment management firm now holds a total of 422,870 shares of Deluxe Corporation which is valued at $26.2 Million.Deluxe Corporation makes up approximately 2.90% of New Amsterdam Partnersny’s portfolio.
Other Hedge Funds, Including , Amalgamated Bank boosted its stake in DLX in the latest quarter, The investment management firm added 495 additional shares and now holds a total of 5,529 shares of Deluxe Corporation which is valued at $342,466. Deluxe Corporation makes up approx 0.03% of Amalgamated Bank’s portfolio.Opus Capital Group reduced its stake in DLX by selling 120 shares or 0.16% in the most recent quarter. The Hedge Fund company now holds 75,494 shares of DLX which is valued at $4.8 Million. Deluxe Corporation makes up approx 1.06% of Opus Capital Group’s portfolio.Thompson Davis reduced its stake in DLX by selling 128 shares or 88.89% in the most recent quarter. The Hedge Fund company now holds 16 shares of DLX which is valued at $1,016.Nisa Investment Advisors L.l.c. boosted its stake in DLX in the latest quarter, The investment management firm added 400 additional shares and now holds a total of 31,500 shares of Deluxe Corporation which is valued at $2 Million. Deluxe Corporation makes up approx 0.03% of Nisa Investment Advisors L.l.c.’s portfolio. Midas Management Corp added DLX to its portfolio by purchasing 18,000 company shares during the most recent quarter which is valued at $1.1 Million. Deluxe Corporation makes up approx 0.58% of Midas Management Corp’s portfolio.
Deluxe Corporation opened for trading at $61.96 and hit $63.57 on the upside on Monday, eventually ending the session at $63.17, with a gain of 1.99% or 1.23 points. The heightened volatility saw the trading volume jump to 3,27,303 shares. Company has a market cap of $3,090 M.
On the company’s financial health, Deluxe Corporation reported $1.19 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Apr 28, 2016. Analyst had a consensus of $1.15. The company had revenue of $459.30 million for the quarter, compared to analysts expectations of $450.98 million. The company’s revenue was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.04 EPS.
Investors should note that on May 4, 2016, Deluxe Corporation announced a cash dividend of $0.3000. The company’s management has announced May 19, 2016 as the ex-dividend date and fixed the record date on May 23, 2016. The payable date has been fixed on Jun 6, 2016.
Deluxe Corporation provides payment solutions. The Companys product and service offerings consist of checks forms and accessories and other products. The Company operates in three segments: Small Business Services segment Financial Services segment and Direct Checks segment. The Small Business Services segment offers Web design hosting and other Web services; search engine optimization; digital printing services and logo design among others. The Financial Services segment offers customer acquisition programs financial institution profitability and risk management services marketing communications services and fraud protection and security services among others. It also offers forms such as deposit tickets and check registers. The Direct Checks segment supplies checks and provides fraud protection and security services as well as package insert programs. It offers its products under brand names such as Checks Unlimited Designer Checks Deluxe and NEBS among others.