Deprince Race & Zollo Inc. Sells 104,955 Shares of Deluxe Corporation $DLX

Deprince Race & Zollo Inc. decreased its stake in shares of Deluxe Corporation (NYSE:DLX) by 5.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,975,849 shares of the business services provider’s stock after selling 104,955 shares during the period. Deluxe comprises about 1.0% of Deprince Race & Zollo Inc.’s holdings, making the stock its 24th largest position. Deprince Race & Zollo Inc.’s holdings in Deluxe were worth $54,415,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. lifted its stake in 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 in the last quarter. State Street Corp grew its stake in shares of Deluxe by 0.9% in the 4th quarter. State Street Corp now owns 2,915,349 shares of the business services provider’s stock worth $65,100,000 after acquiring an additional 25,202 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Deluxe by 2.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,652,098 shares of the business services provider’s stock worth $59,223,000 after acquiring an additional 57,743 shares in the last quarter. LSV Asset Management raised its holdings in shares of Deluxe by 6.2% in the fourth quarter. LSV Asset Management now owns 1,930,885 shares of the business services provider’s stock valued at $43,117,000 after purchasing an additional 113,026 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Deluxe by 14.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,109,656 shares of the business services provider’s stock valued at $24,779,000 after purchasing an additional 136,139 shares during the last quarter. Institutional investors own 93.90% of the company’s stock.

Deluxe Trading Up 3.3%

Shares of Deluxe stock opened at $24.67 on Thursday. Deluxe Corporation has a 1 year low of $15.41 and a 1 year high of $32.07. The firm has a market cap of $1.13 billion, a PE ratio of 10.54, a P/E/G ratio of 0.60 and a beta of 1.24. The stock has a fifty day moving average price of $24.97 and a 200-day moving average price of $25.58. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.15 and a quick ratio of 1.05.

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

Deluxe Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Tuesday, May 19th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date was Tuesday, May 19th. Deluxe’s payout ratio is presently 51.28%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Weiss Ratings cut shares of Deluxe from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 4th. Zacks Research lowered shares of Deluxe from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 10th. Finally, Wall Street Zen raised shares of Deluxe from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 6th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Deluxe Company Profile

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.