AEGON ASSET MANAGEMENT UK Plc Invests $2.06 Million in Deluxe Corporation $DLX

AEGON ASSET MANAGEMENT UK Plc bought a new position in shares of Deluxe Corporation (NYSE:DLX) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 74,903 shares of the business services provider’s stock, valued at approximately $2,063,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC raised its holdings in Deluxe by 33.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 2,179 shares of the business services provider’s stock valued at $49,000 after buying an additional 552 shares during the period. Kendall Capital Management grew its stake in Deluxe by 2.8% during the third quarter. Kendall Capital Management now owns 28,886 shares of the business services provider’s stock worth $559,000 after buying an additional 790 shares during the period. Ipsen Advisor Group LLC grew its stake in Deluxe by 3.5% during the fourth quarter. Ipsen Advisor Group LLC now owns 30,716 shares of the business services provider’s stock worth $686,000 after buying an additional 1,033 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Deluxe by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,260 shares of the business services provider’s stock worth $415,000 after acquiring an additional 1,072 shares in the last quarter. Finally, Franklin Resources Inc. increased its position in shares of Deluxe by 2.4% in the fourth quarter. Franklin Resources Inc. now owns 50,331 shares of the business services provider’s stock worth $1,124,000 after acquiring an additional 1,189 shares in the last quarter. Institutional investors and hedge funds own 93.90% of the company’s stock.

Deluxe Trading Down 0.1%

NYSE:DLX opened at $22.91 on Friday. The stock has a market cap of $1.05 billion, a price-to-earnings ratio of 9.79, a price-to-earnings-growth ratio of 0.58 and a beta of 1.25. Deluxe Corporation has a one year low of $14.59 and a one year high of $32.07. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.05 and a current ratio of 1.15. The business’s 50-day simple moving average is $25.88 and its 200 day simple moving average is $25.41.

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

Deluxe Dividend Announcement

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

Wall Street Analysts Forecast Growth

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

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.