Deluxe Corporation $DLX Shares Bought by Intech Investment Management LLC

Intech Investment Management LLC grew its stake in shares of Deluxe Corporation (NYSE:DLX) by 136.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 57,277 shares of the business services provider’s stock after acquiring an additional 33,050 shares during the period. Intech Investment Management LLC’s holdings in Deluxe were worth $1,279,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in shares of Deluxe by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 4,955,732 shares of the business services provider’s stock valued at $110,661,000 after acquiring an additional 35,030 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Deluxe by 0.8% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,594,355 shares of the business services provider’s stock valued at $50,226,000 after acquiring an additional 20,323 shares during the last quarter. Deprince Race & Zollo Inc. lifted its position in shares of Deluxe by 0.4% during the 4th quarter. Deprince Race & Zollo Inc. now owns 2,080,804 shares of the business services provider’s stock valued at $46,464,000 after acquiring an additional 8,823 shares during the last quarter. LSV Asset Management lifted its position in shares of Deluxe by 6.2% during the 4th quarter. LSV Asset Management now owns 1,930,885 shares of the business services provider’s stock valued at $43,117,000 after acquiring an additional 113,026 shares during the last quarter. Finally, Bridgeway Capital Management LLC lifted its position in shares of Deluxe by 0.7% during the 3rd quarter. Bridgeway Capital Management LLC now owns 639,198 shares of the business services provider’s stock valued at $12,375,000 after acquiring an additional 4,751 shares during the last quarter. Institutional investors and hedge funds own 93.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Weiss Ratings upgraded Deluxe from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 22nd. Wall Street Zen upgraded Deluxe from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Finally, Zacks Research downgraded Deluxe from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 10th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Deluxe Price Performance

DLX opened at $23.21 on Friday. The stock has a fifty day moving average of $26.78 and a 200-day moving average of $25.17. The firm has a market capitalization of $1.06 billion, a P/E ratio of 9.92, a PEG ratio of 0.58 and a beta of 1.25. Deluxe Corporation has a 12-month low of $14.59 and a 12-month high of $32.07. The company has a quick ratio of 1.05, a current ratio of 1.15 and a debt-to-equity ratio of 1.98.

Deluxe (NYSE:DLX) last released its earnings results on Wednesday, May 6th. The business services provider reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.91 by $0.14. The company had revenue of $538.10 million during the quarter, compared to analyst estimates of $534.97 million. Deluxe had a return on equity of 24.11% and a net margin of 5.01%.The company’s revenue for the quarter was up .3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.75 earnings per share. Deluxe has set its FY 2026 guidance at 3.600-4.000 EPS. Equities analysts forecast that Deluxe Corporation will post 3.3 EPS for the current fiscal year.

Deluxe Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Tuesday, May 19th were issued a $0.30 dividend. The ex-dividend date was Tuesday, May 19th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.2%. Deluxe’s dividend payout ratio is presently 51.28%.

About Deluxe

Deluxe Corporation, founded in 1915 and headquartered in Shoreview, Minnesota, is a provider of integrated business and financial technology solutions. Originally established as a check printing company, Deluxe has evolved its offerings to support small businesses, financial institutions and entrepreneurs with a comprehensive suite of services spanning print, digital and software platforms.

The company’s core business activities include printing checks, forms and promotional materials, as well as delivering digital marketing and customer engagement solutions.