UBS Group AG Lowers Position in Deluxe Corporation $DLX

UBS Group AG cut its stake in shares of Deluxe Corporation (NYSE:DLX) by 14.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 134,913 shares of the business services provider’s stock after selling 22,890 shares during the period. UBS Group AG owned about 0.30% of Deluxe worth $3,013,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of DLX. Strs Ohio purchased a new position in Deluxe during the first quarter valued at $30,000. Raymond James Financial Inc. bought a new stake in Deluxe during the second quarter valued at about $31,000. TD Waterhouse Canada Inc. bought a new stake in Deluxe during the fourth quarter valued at about $45,000. Hillsdale Investment Management Inc. raised its holdings in Deluxe by 227.8% during the third quarter. Hillsdale Investment Management Inc. now owns 2,950 shares of the business services provider’s stock valued at $57,000 after acquiring an additional 2,050 shares during the period. Finally, Federated Hermes Inc. raised its holdings in Deluxe by 110.6% during the third quarter. Federated Hermes Inc. now owns 3,089 shares of the business services provider’s stock valued at $60,000 after acquiring an additional 1,622 shares during the period. 93.90% of the stock is currently owned by hedge funds and other institutional investors.

Deluxe Price Performance

NYSE:DLX opened at $23.80 on Tuesday. The company has a quick ratio of 1.05, a current ratio of 1.15 and a debt-to-equity ratio of 1.98. The business’s 50-day simple moving average is $27.34 and its two-hundred day simple moving average is $24.99. The stock has a market cap of $1.09 billion, a PE ratio of 10.17, a P/E/G ratio of 0.60 and a beta of 1.33. Deluxe Corporation has a 52 week low of $13.61 and a 52 week high of $32.07.

Deluxe (NYSE:DLX) last issued its earnings results on Wednesday, May 6th. The business services provider reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts’ expectations of $534.97 million. During the same period in the previous year, the firm posted $0.75 earnings per share. The business’s revenue was up .3% compared to the same quarter last year. Deluxe has set its FY 2026 guidance at 3.600-4.000 EPS. As a group, analysts forecast that Deluxe Corporation will post 3.3 EPS for the current fiscal year.

Deluxe Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 2nd. Stockholders of record on Tuesday, May 19th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 5.0%. The ex-dividend date of this dividend is Tuesday, May 19th. Deluxe’s payout ratio is 51.28%.

Analyst Ratings Changes

DLX has been the topic of a number of recent analyst reports. Zacks Research cut Deluxe from a “strong-buy” rating to a “hold” rating in a report on Friday, April 10th. Wall Street Zen cut Deluxe from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 9th. Finally, Weiss Ratings raised Deluxe from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy”.

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.