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

August 12, 2018 - By Billy Entrekin

Deluxe Corporation (NYSE:DLX) LogoInvestors sentiment decreased to 0.75 in 2018 Q1. Its down 0.06, from 0.81 in 2017Q4. It dived, 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. Texas Permanent School Fund has invested 0.03% of its portfolio in Deluxe Corporation (NYSE:DLX). Guggenheim Capital Ltd Limited Liability Company holds 0% of its portfolio in Deluxe Corporation (NYSE:DLX) for 13,616 shares. Guinness Asset Management holds 0% of its portfolio in Deluxe Corporation (NYSE:DLX) for 70 shares. Nordea Inv Management Ab owns 555,818 shares for 0.1% of their portfolio. Century Inc reported 221,075 shares or 0.02% of all its holdings. Rothschild Asset Mgmt Incorporated reported 0.45% of its portfolio in Deluxe Corporation (NYSE:DLX). Bnp Paribas Arbitrage stated it has 0% in Deluxe Corporation (NYSE:DLX). Moreover, Teacher Retirement Of Texas has 0.01% invested in Deluxe Corporation (NYSE:DLX). Tompkins Fincl Corporation reported 625 shares. Ameriprise reported 647,988 shares or 0.02% of all its holdings. Barclays Public Limited Com reported 0% in Deluxe Corporation (NYSE:DLX). 446 are owned by Allsquare Wealth Mgmt. Jlb Assoc reported 140,060 shares. 32,600 are owned by Psagot Invest House. National Bank Of America De reported 127,446 shares or 0% of all its holdings.

Since February 23, 2018, it had 0 buys, and 9 sales for $7.48 million activity. 3,086 shares were sold by Godich Peter J, worth $228,010. Loosbrock Julie M sold $311,886 worth of stock. Filby John D sold 15,900 shares worth $1.19M.

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 $88.88B and $41.97 billion US Long portfolio, upped its stake in Xerox Corp () by 702,461 shares to 2.28M shares, valued at $54.60M in 2018Q2, according to the filing. It also increased its holding in Conagra Brands Inc (NYSE:CAG) by 688,825 shares in the quarter, for a total of 1.12M shares, and has risen its stake in Invitation Homes Inc ().

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

Deluxe Corporation (NYSE:DLX) Institutional Positions Chart

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