Deluxe Corporation (DLX) Trades at $71.72 Forming Head & Shoulders

May 16, 2018 - By Mary Markley

Deluxe Corporation (NYSE:DLX) Corporate Logo

During Q4 2017 the big money sentiment decreased to 0.81. That’s change of 0.38, from 2017Q3’s 1.19. 21 investors sold all, 117 reduced holdings as Deluxe Corporation ratio is negative. 80 grew positions while 32 funds took positions. Funds hold 42.91 million shares thus 1.42% less from 2017Q3’s 43.53 million shares.
Fcg Advisors Lc accumulated 3,605 shs. United Svcs Automobile Association reported 141,165 shs. Blue Fincl Capital Incorporated holds 14,960 shs. Parametric Portfolio Ltd Com has invested 0.02% of its capital in Deluxe Corporation (NYSE:DLX). Nordea Inv Mgmt Ab, a Sweden-based fund reported 564,445 shs. Alliancebernstein Limited Partnership holds 155,191 shs or 0.01% of its capital. Adams Diversified Equity Fund has 0.04% invested in Deluxe Corporation (NYSE:DLX). Manufacturers Life Insurance The holds 0.01% or 175,158 shs. Wellington Grp Inc Llp holds 0.01% of its capital in Deluxe Corporation (NYSE:DLX) for 542,972 shs. 3,244 are owned by Bb&T Securities Ltd. Moreover, Stevens Capital Mngmt Ltd Partnership has 0.02% invested in Deluxe Corporation (NYSE:DLX) for 5,327 shs. Teachers Retirement Of The State Of Kentucky holds 0.03% or 38,080 shs. Jane Street Grp Incorporated Lc stated it has 0% in Deluxe Corporation (NYSE:DLX). Cibc World Mkts holds 4,200 shs or 0% of its capital. Stone Ridge Asset Management Ltd holds 0.05% or 10,299 shs in its capital.

Deluxe Corporation had 6 selling transactions and 0 insider purchases since January 29, 2018. This’s net activity of $3.59 million. On Friday, February 23 $311,886 worth of stock was sold by Loosbrock Julie M. $412,983 worth of stock was sold by McRoberts Malcolm on Monday, January 29. $1.19 million worth of Deluxe Corporation (NYSE:DLX) was sold by Filby John D on Tuesday, March 13. SCHRAM LEE J sold $1.28M worth of stock.

The Head and Shoulders technical pattern of Deluxe Corporation (DLX) formed $65.98 [Target] or 8.00 % below today’s $71.72share price. The $3.43B company indicates high risk. Faxor.com announced the Head and Shoulders technical pattern on May, 16. The valuation of DLX can change by $274.48 million if our $65.98 Target is reached.

DLX is reaching $71.72 during the last trading session, after increased 1.82%.Currently Deluxe Corporation is uptrending after 2.91% change in last May 16, 2017. DLX has 113,446 shares volume. DLX underperformed the S&P 500 by 8.64%.

Earnings report for Deluxe Corporation (NYSE:DLX) is anticipated on July, 26., as reported by RTT. Analysts forecast 2.33 % diference or $1.32 from the $1.29 EPS from 2017. If DLX’s EPS is $1.32 the profit will reach $63.15 million for 13.58 P/E. After $1.39 EPS report previous quarter, Wall Street now forecasts -5.04 % negative EPS growth of Deluxe Corporation.

A couple more Deluxe Corporation (NYSE:DLX) news were announced by: Seekingalpha.com which released on April 26, 2018 “Deluxe Corporation 2018 Q1 – Results – Earnings Call Slides”, also Streetinsider.com on April 26, 2018 announced “Deluxe Corp. (DLX) Says Lee Schram will Retire as CEO”, the next Streetinsider.com is “Deluxe Corp. (DLX) Reports Acquisition of LogoMix” on May 09, 2018. Seekingalpha.com has article titled “Deluxe’s (DLX) CEO Lee Schram on Q1 2018 Results – Earnings Call Transcript”.

Deluxe Corporation (NYSE:DLX) Institutional Investors Chart

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