Eaton Vance Management Decreased Deluxe Corp (NYSE:DLX) Stake By $13.52 Million

August 12, 2018 - By Sheila Pollock

Deluxe Corporation (NYSE:DLX) LogoInvestors sentiment decreased to 0.75 in 2018 Q1. Its down 0.06, from 0.81 in 2017Q4. It turned negative, as 23 investors sold DLX shares while 124 reduced holdings. 35 funds opened positions while 75 raised stakes. 43.34 million shares or 1.01% more from 42.91 million shares in 2017Q4 were reported. Alabama-based Retirement Sys Of Alabama has invested 0.05% in Deluxe Corporation (NYSE:DLX). Woodstock has invested 0.31% in Deluxe Corporation (NYSE:DLX). Euclidean Techs Management Ltd Liability Corp stated it has 1.07% of its portfolio in Deluxe Corporation (NYSE:DLX). Fcg Advsrs Ltd Liability Company reported 3,505 shares. Proshare Ltd Liability Corp owns 10,516 shares. Lazard Asset Mgmt Ltd Liability Corporation stated it has 708,360 shares. Mairs And Pwr has invested 0.06% in Deluxe Corporation (NYSE:DLX). Dubuque Bankshares Company holds 0.03% or 2,374 shares in its portfolio. Eaton Vance reported 730,746 shares or 0.13% of all its holdings. Jefferies Grp Inc Limited reported 0% in Deluxe Corporation (NYSE:DLX). 24,968 are held by First Quadrant Limited Partnership Ca. Profund Advsrs Ltd Com holds 7,544 shares. Goldman Sachs Gp Inc invested 0.01% of its portfolio in Deluxe Corporation (NYSE:DLX). Moreover, Park National Corporation Oh has 0.02% invested in Deluxe Corporation (NYSE:DLX) for 4,029 shares. Texas Permanent School Fund has invested 0.03% of its portfolio in Deluxe Corporation (NYSE:DLX).

Since February 23, 2018, it had 0 insider purchases, and 9 sales for $7.48 million activity. SCHRAM LEE J had sold 17,370 shares worth $1.28 million. Filby John D sold $1.19 million worth of stock. $311,886 worth of Deluxe Corporation (NYSE:DLX) was sold by Loosbrock Julie M on Friday, February 23.

Eaton Vance Management decreased its stake in Deluxe Corp (NYSE:DLX) by 28.03% based on its latest 2018Q2 regulatory filing with the SEC. Eaton Vance Management sold 204,824 shares as the company’s stock declined 9.72% with the market. The institutional investor held 525,922 shares of the publishing company at the end of 2018Q2, valued at $34.82M, down from 730,746 at the end of the previous reported quarter. Eaton Vance Management who had been investing in Deluxe Corp for a number of months, seems to be less bullish one the $2.77B market cap company. The stock decreased 1.00% or $0.59 during the last trading session, reaching $58.19. About 402,537 shares traded or 12.69% up from the average. Deluxe Corporation (NYSE:DLX) has declined 1.46% since August 13, 2017 and is downtrending. It has underperformed by 14.03% the S&P500.

Eaton Vance Management, which manages about $88.88 billion and $41.97B US Long portfolio, upped its stake in Parker Hannifin Corp (NYSE:PH) by 434,359 shares to 948,915 shares, valued at $147.89M in 2018Q2, according to the filing. It also increased its holding in Pepsico Inc (NYSE:PEP) by 1.02M shares in the quarter, for a total of 3.89M shares, and has risen its stake in Biogen Inc (NASDAQ:BIIB).

Eaton Vance Management is a Massachusetts-based institutional investor with more than $88.88 billion AUM in January, 2015. This fund invests only a small percentage of its assets in equities and options. Eaton Vance Management is the 58th largest institutional investor in our database. Taken from Eaton Vance latest Adv, the fund reported to have 700 full and part-time employees. Among which 200 performing investment advisory and research functions. The institutional investor had more than 19900 clients.

Deluxe Corporation provides checks, forms, marketing solutions, accessories, and other services and products for small businesses and financial institutions. The company has market cap of $2.77 billion. It operates through three divisions: Small Business Services, Financial Services, and Direct Checks. It has a 11.87 P/E ratio. The firm 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.

More recent Deluxe Corporation (NYSE:DLX) news were published by: Seekingalpha.com which released: “Deluxe Corporation 2018 Q2 – Results – Earnings Call Slides” on July 26, 2018. Also Globenewswire.com published the news titled: “Detailed Research: Economic Perspectives on IQVIA, Intellia Therapeutics, Deluxe, Superior Industries International …” on August 06, 2018. Seekingalpha.com‘s news article titled: “Deluxe Corporation (DLX) CEO Lee Schram on Q2 2018 Results – Earnings Call Transcript” with publication date: July 26, 2018 was also an interesting one.

Deluxe Corporation (NYSE:DLX) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.