UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Raises Stock Holdings in Ennis, Inc. (NYSE:EBF)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Ennis, Inc. (NYSE:EBF) by 61.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,751 shares of the industrial products company’s stock after purchasing an additional 10,995 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.11% of Ennis worth $699,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the company. Point72 Asset Management L.P. acquired a new position in shares of Ennis in the second quarter valued at approximately $33,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in Ennis in the 2nd quarter valued at $54,000. FMR LLC raised its holdings in Ennis by 34.6% in the 3rd quarter. FMR LLC now owns 3,324 shares of the industrial products company’s stock valued at $81,000 after acquiring an additional 855 shares during the last quarter. SG Americas Securities LLC acquired a new position in Ennis in the third quarter valued at $103,000. Finally, CWM LLC lifted its position in Ennis by 30.9% during the third quarter. CWM LLC now owns 5,039 shares of the industrial products company’s stock worth $123,000 after buying an additional 1,190 shares during the period. Institutional investors and hedge funds own 74.33% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut Ennis from a “strong-buy” rating to a “buy” rating in a report on Wednesday, December 11th.

Ennis Stock Performance

Shares of EBF stock opened at $21.03 on Friday. The firm has a market capitalization of $546.86 million, a price-to-earnings ratio of 13.31 and a beta of 0.41. Ennis, Inc. has a one year low of $18.88 and a one year high of $25.75. The company has a 50 day moving average price of $21.09 and a 200 day moving average price of $22.23.

Ennis (NYSE:EBF) last released its quarterly earnings data on Monday, September 23rd. The industrial products company reported $0.40 EPS for the quarter. Ennis had a return on equity of 11.64% and a net margin of 10.15%. The business had revenue of $99.04 million during the quarter.

Ennis Company Profile

Ennis, Inc manufactures and sells business forms and other business products in the United States. The company offers snap sets, continuous forms, laser cut sheets, tags, labels, envelopes, integrated products, jumbo rolls, and pressure sensitive products under the Ennis, Royal Business Forms, Block Graphics, 360º Custom Labels, ColorWorx, Enfusion, Uncompromised Check Solutions, VersaSeal, Ad Concepts, FormSource Limited, Star Award Ribbon Company, Witt Printing, B&D Litho, Genforms, PrintGraphics, Calibrated Forms, PrintXcel, Printegra, Forms Manufacturers, Mutual Graphics, TRI-C Business Forms, Major Business Systems, Independent Printing, Hoosier Data Forms, Hayes Graphics, Wright Business Graphics, Wright 360, Integrated Print & Graphics, the Flesh Company, Impressions Direct, and AmeriPrint brands.