O Shaughnessy Asset Management LLC Takes $889,000 Position in Deluxe Co. (NYSE:DLX)

O Shaughnessy Asset Management LLC purchased a new stake in Deluxe Co. (NYSE:DLX - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 39,335 shares of the business services provider's stock, valued at approximately $889,000. O Shaughnessy Asset Management LLC owned approximately 0.09% of Deluxe as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in DLX. Vanguard Group Inc. boosted its holdings in shares of Deluxe by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 5,260,552 shares of the business services provider's stock worth $118,836,000 after buying an additional 64,060 shares during the period. Jane Street Group LLC lifted its position in Deluxe by 10.0% during the third 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 last quarter. Barclays PLC increased its stake in shares of Deluxe by 73.2% during the third quarter. Barclays PLC now owns 148,447 shares of the business services provider's stock worth $2,893,000 after purchasing an additional 62,715 shares during the period. Geode Capital Management LLC lifted its holdings in Deluxe by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 1,028,079 shares of the business services provider's stock worth $20,041,000 after purchasing an additional 17,583 shares during the last quarter. Finally, FMR LLC boosted its stake in Deluxe by 57.2% in the 3rd 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 during the period. Institutional investors and hedge funds own 93.90% of the company's stock.

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Deluxe Price Performance

NYSE:DLX traded up $0.31 during mid-day trading on Friday, reaching $14.60. The stock had a trading volume of 408,123 shares, compared to its average volume of 277,892. The stock has a 50-day simple moving average of $16.52 and a two-hundred day simple moving average of $19.91. The company has a debt-to-equity ratio of 2.36, a current ratio of 0.98 and a quick ratio of 0.83. Deluxe Co. has a 12 month low of $13.70 and a 12 month high of $24.87. The stock has a market capitalization of $652.91 million, a PE ratio of 12.37, a P/E/G ratio of 0.52 and a beta of 1.41.

Deluxe (NYSE:DLX - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The business services provider reported $0.75 earnings per share 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%. On average, equities analysts anticipate that Deluxe Co. will post 2.77 earnings per share for the current year.

Deluxe Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Sidoti upgraded shares of Deluxe to a "hold" rating in a research note on Thursday, January 30th. StockNews.com lowered shares of Deluxe from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, March 26th.

Insider Buying and Selling at Deluxe

In other news, CEO Barry C. Mccarthy purchased 3,926 shares of the stock in a transaction on Monday, March 10th. The stock was purchased at an average price of $16.45 per share, for a total transaction of $64,582.70. Following the acquisition, the chief executive officer now owns 272,851 shares in the company, valued at $4,488,398.95. This trade represents a 1.46 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 5.60% of the company's stock.

Deluxe 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.