Sei Investments Co. Has $10.12 Million Stock Holdings in Deluxe Corporation $DLX

Sei Investments Co. grew its holdings in Deluxe Corporation (NYSE:DLX) by 189.4% in the 1st quarter, HoldingsChannel.com reports. The fund owned 367,278 shares of the business services provider’s stock after purchasing an additional 240,359 shares during the quarter. Sei Investments Co.’s holdings in Deluxe were worth $10,115,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Vanguard Group Inc. lifted its stake in shares of Deluxe by 0.7% in 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 purchasing an additional 35,030 shares during the last quarter. Intech Investment Management LLC boosted its holdings in Deluxe by 136.4% in the fourth quarter. Intech Investment Management LLC now owns 57,277 shares of the business services provider’s stock worth $1,279,000 after purchasing an additional 33,050 shares in the last quarter. Versor Investments LP increased its position in Deluxe by 268.1% during the fourth quarter. Versor Investments LP now owns 39,681 shares of the business services provider’s stock worth $886,000 after buying an additional 28,900 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Deluxe by 3.8% during the first quarter. Dimensional Fund Advisors LP now owns 2,753,203 shares of the business services provider’s stock worth $75,823,000 after buying an additional 101,105 shares during the last quarter. Finally, Fifth Third Bancorp raised its holdings in Deluxe by 138.8% during the first quarter. Fifth Third Bancorp now owns 63,910 shares of the business services provider’s stock valued at $1,760,000 after buying an additional 37,152 shares in the last quarter. Institutional investors and hedge funds own 93.90% of the company’s stock.

Deluxe Price Performance

Shares of NYSE:DLX opened at $25.87 on Friday. The company has a market cap of $1.18 billion, a price-to-earnings ratio of 11.05, a PEG ratio of 0.65 and a beta of 1.24. The business has a 50 day moving average price of $24.34 and a 200 day moving average price of $26.02. 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 Corporation has a twelve month low of $15.41 and a twelve month high of $32.07.

Deluxe (NYSE:DLX) last issued its quarterly earnings results on Wednesday, May 6th. The business services provider reported $1.05 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 company had revenue of $538.10 million for the quarter, compared to the consensus estimate of $534.97 million. During the same period in the previous year, the business posted $0.75 EPS. The company’s revenue for the quarter was up .3% on a year-over-year basis. Deluxe has set its FY 2026 guidance at 3.600-4.000 EPS. Research analysts predict that Deluxe Corporation will post 3.3 earnings per share for the current year.

Deluxe Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Tuesday, May 19th were issued 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 4.6%. Deluxe’s dividend payout ratio is 51.28%.

Analysts Set New Price Targets

A number of analysts have weighed in on DLX shares. Wall Street Zen raised Deluxe from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 6th. Zacks Research lowered Deluxe from a “strong-buy” rating to a “hold” rating in a report on Friday, April 10th. Finally, Weiss Ratings downgraded Deluxe from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, July 15th. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Deluxe has an average rating of “Hold”.

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.