Fmr LLC Buys 855 Shares of Ennis, Inc. (NYSE:EBF)

Fmr LLC boosted its position in Ennis, Inc. (NYSE:EBF) by 34.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,324 shares of the industrial products company’s stock after acquiring an additional 855 shares during the quarter. Fmr LLC’s holdings in Ennis were worth $81,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in EBF. Point72 Asset Management L.P. purchased a new position in shares of Ennis during the second quarter worth approximately $33,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in Ennis in the 2nd quarter worth $54,000. SG Americas Securities LLC bought a new stake in Ennis in the third quarter worth $103,000. CWM LLC boosted 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 valued at $123,000 after buying an additional 1,190 shares during the period. Finally, Inspire Advisors LLC bought a new position in shares of Ennis during the second quarter valued at about $206,000. Hedge funds and other institutional investors own 74.33% of the company’s stock.

Ennis Stock Up 0.7 %

NYSE EBF opened at $20.83 on Tuesday. The firm has a market capitalization of $541.66 million, a PE ratio of 13.18 and a beta of 0.41. The stock’s 50 day moving average is $21.10 and its 200 day moving average is $22.25. Ennis, Inc. has a twelve month low of $18.88 and a twelve month high of $25.75.

Ennis (NYSE:EBF) last announced its earnings results on Monday, December 23rd. The industrial products company reported $0.39 EPS for the quarter, meeting analysts’ consensus estimates of $0.39. Ennis had a net margin of 10.15% and a return on equity of 11.64%.

Analyst Ratings Changes

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

Ennis 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.