Janney Montgomery Scott LLC Purchases Shares of 34,797 Deluxe Corporation $DLX

Janney Montgomery Scott LLC purchased a new position in Deluxe Corporation (NYSE:DLX) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 34,797 shares of the business services provider’s stock, valued at approximately $958,000. Janney Montgomery Scott LLC owned approximately 0.08% of Deluxe as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also modified their holdings of the business. Vanguard Group Inc. increased its holdings in shares of Deluxe by 0.7% during the fourth 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 boosted its stake in 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 purchasing an additional 25,202 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Deluxe by 2.2% during 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 purchasing an additional 57,743 shares during the last quarter. Deprince Race & Zollo Inc. grew its position in 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 worth $46,464,000 after purchasing an additional 8,823 shares during the last quarter. Finally, LSV Asset Management increased its stake in 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 purchasing an additional 113,026 shares in the last quarter. Hedge funds and other institutional investors own 93.90% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on DLX shares. Wall Street Zen raised shares of Deluxe from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 6th. Weiss Ratings lowered shares of Deluxe from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 4th. Finally, Zacks Research downgraded Deluxe from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 10th. Two equities research 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.com, Deluxe has an average rating of “Moderate Buy”.

Deluxe Trading Down 0.3%

Deluxe stock opened at $24.43 on Monday. The stock has a 50-day moving average price of $24.14 and a 200 day moving average price of $25.66. The company has a market capitalization of $1.12 billion, a price-to-earnings ratio of 10.44, a price-to-earnings-growth ratio of 0.62 and a beta of 1.24. Deluxe Corporation has a 52 week low of $15.41 and a 52 week 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 issued its quarterly earnings results on Wednesday, May 6th. The business services provider reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.14. Deluxe had a net margin of 5.01% and a return on equity of 24.11%. The company had revenue of $538.10 million for the quarter, compared to the consensus estimate of $534.97 million. During the same quarter in the prior year, the company 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. Sell-side analysts anticipate that Deluxe Corporation will post 3.3 EPS for the current year.

Deluxe Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Tuesday, May 19th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 4.9%. The ex-dividend date of this dividend was Tuesday, May 19th. Deluxe’s dividend payout ratio (DPR) is 51.28%.

Deluxe 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.