Bridgeway Capital Management LLC Lowers Stake in Deluxe Corporation $DLX

Bridgeway Capital Management LLC lowered its position in shares of Deluxe Corporation (NYSE:DLX) by 8.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 586,598 shares of the business services provider’s stock after selling 52,600 shares during the quarter. Bridgeway Capital Management LLC owned 1.30% of Deluxe worth $13,099,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of DLX. Strs Ohio bought a new stake in shares of Deluxe during the first quarter valued at approximately $30,000. Raymond James Financial Inc. bought a new stake in shares of Deluxe during the second quarter valued at approximately $31,000. UMB Bank n.a. raised its position in shares of Deluxe by 3,597.9% during the fourth quarter. UMB Bank n.a. now owns 1,738 shares of the business services provider’s stock valued at $39,000 after buying an additional 1,691 shares during the last quarter. TD Waterhouse Canada Inc. bought a new stake in shares of Deluxe during the fourth quarter valued at approximately $45,000. Finally, EverSource Wealth Advisors LLC raised its position in shares of Deluxe by 33.9% during 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 last quarter. Institutional investors own 93.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Weiss Ratings cut shares of Deluxe from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, June 4th. Zacks Research cut shares of Deluxe from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 10th. Finally, Wall Street Zen upgraded shares of Deluxe from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 6th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, Deluxe currently has a consensus rating of “Moderate Buy”.

Deluxe Price Performance

DLX stock opened at $23.39 on Thursday. Deluxe Corporation has a 12 month low of $14.59 and a 12 month high of $32.07. The company has a current ratio of 1.15, a quick ratio of 1.05 and a debt-to-equity ratio of 1.98. The company has a 50-day moving average price of $26.09 and a 200 day moving average price of $25.41. The stock has a market cap of $1.07 billion, a PE ratio of 9.99, a P/E/G ratio of 0.60 and a beta of 1.25.

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

Deluxe Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Tuesday, May 19th were paid a $0.30 dividend. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $1.20 dividend on an annualized basis and a yield of 5.1%. Deluxe’s dividend payout ratio is 51.28%.

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.