Kirr Marbach & Co. LLC IN Raises Holdings in Deluxe Co. (DLX)

Kirr Marbach & Co. LLC IN boosted its position in shares of Deluxe Co. (NYSE:DLX) by 3.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 117,427 shares of the business services provider’s stock after purchasing an additional 4,006 shares during the quarter. Kirr Marbach & Co. LLC IN owned approximately 0.27% of Deluxe worth $5,134,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DLX. BlackRock Inc. increased its stake in Deluxe by 0.7% in the fourth quarter. BlackRock Inc. now owns 5,978,910 shares of the business services provider’s stock valued at $229,828,000 after purchasing an additional 39,308 shares during the last quarter. Vanguard Group Inc increased its stake in Deluxe by 1.1% in the third quarter. Vanguard Group Inc now owns 4,356,841 shares of the business services provider’s stock valued at $248,078,000 after purchasing an additional 48,461 shares during the last quarter. Vanguard Group Inc. increased its stake in Deluxe by 1.1% in the third quarter. Vanguard Group Inc. now owns 4,356,841 shares of the business services provider’s stock valued at $248,078,000 after purchasing an additional 48,461 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Deluxe by 7.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,446,176 shares of the business services provider’s stock valued at $55,591,000 after purchasing an additional 100,786 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in Deluxe by 12.1% in the fourth quarter. Bank of New York Mellon Corp now owns 1,049,915 shares of the business services provider’s stock valued at $40,359,000 after purchasing an additional 112,930 shares during the last quarter. Institutional investors own 91.21% of the company’s stock.

DLX stock opened at $42.15 on Friday. Deluxe Co. has a 12-month low of $36.70 and a 12-month high of $71.81. The company has a quick ratio of 1.03, a current ratio of 1.21 and a debt-to-equity ratio of 1.05. The stock has a market cap of $1.89 billion, a price-to-earnings ratio of 7.41 and a beta of 1.33.

Deluxe (NYSE:DLX) last posted its quarterly earnings results on Thursday, April 25th. The business services provider reported $1.54 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.10 by $0.44. Deluxe had a return on equity of 27.70% and a net margin of 6.67%. The firm had revenue of $499.10 million during the quarter, compared to the consensus estimate of $497.17 million. During the same quarter in the previous year, the business earned $1.60 earnings per share. The firm’s quarterly revenue was up 1.5% compared to the same quarter last year. On average, research analysts anticipate that Deluxe Co. will post 6.42 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Monday, May 20th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 2.85%. The ex-dividend date of this dividend is Friday, May 17th. Deluxe’s payout ratio is 21.09%.

Separately, Zacks Investment Research raised Deluxe from a “sell” rating to a “hold” rating in a research report on Monday, January 21st.

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Deluxe Company Profile

Deluxe Corporation provides checks, forms, marketing solutions, accessories, and other products and services for small businesses and financial institutions. It operates through three segments: Small Business Services, Financial Services, and Direct Checks. The company provides checks; printed forms, such as deposit tickets, billing forms, work orders, job proposals, purchase orders, invoices, and personnel forms, as well as computer forms and check registers; and accessories and other products comprising envelopes, office supplies, ink stamps, and labels, as well as checkbook covers.

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Institutional Ownership by Quarter for Deluxe (NYSE:DLX)

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