Nisa Investment Advisors LLC Purchases 4,000 Shares of Ennis, Inc. (NYSE:EBF)

Nisa Investment Advisors LLC grew its position in shares of Ennis, Inc. (NYSE:EBF) by 8,888.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,045 shares of the industrial products company’s stock after buying an additional 4,000 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Ennis were worth $85,000 as of its most recent filing with the Securities & Exchange Commission.

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

Ennis Price Performance

Shares of EBF opened at $20.69 on Friday. The firm has a market cap of $538.07 million, a PE ratio of 13.01 and a beta of 0.41. Ennis, Inc. has a 1 year low of $18.88 and a 1 year high of $25.75. The stock’s fifty day moving average price is $21.00 and its two-hundred day moving average price is $22.09.

Ennis (NYSE:EBF) last posted its earnings results on Monday, December 23rd. The industrial products company reported $0.39 earnings per share for the quarter, hitting the consensus estimate of $0.39. Ennis had a net margin of 10.35% and a return on equity of 12.16%.

Ennis Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 6th. Shareholders of record on Thursday, January 9th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, January 10th. This represents a $1.00 annualized dividend and a dividend yield of 4.83%. Ennis’s dividend payout ratio is currently 62.89%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Ennis from a “buy” rating to a “strong-buy” rating in a report on Thursday, January 23rd.

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.