Quantbot Technologies LP purchased a new stake in Ennis, Inc. (NYSE:EBF – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 3,092 shares of the industrial products company’s stock, valued at approximately $65,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. FMR LLC boosted 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 acquiring an additional 855 shares during the last quarter. Nisa Investment Advisors LLC boosted its position in shares of Ennis by 8,888.9% during the 4th quarter. Nisa Investment Advisors LLC now owns 4,045 shares of the industrial products company’s stock valued at $85,000 after purchasing an additional 4,000 shares in the last quarter. SG Americas Securities LLC boosted its position in shares of Ennis by 46.0% during the 4th quarter. SG Americas Securities LLC now owns 6,194 shares of the industrial products company’s stock valued at $131,000 after purchasing an additional 1,951 shares in the last quarter. GPS Wealth Strategies Group LLC grew its stake in Ennis by 10.3% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 7,099 shares of the industrial products company’s stock worth $150,000 after purchasing an additional 663 shares during the period. Finally, EMC Capital Management increased its holdings in Ennis by 355.3% in the fourth quarter. EMC Capital Management now owns 9,848 shares of the industrial products company’s stock worth $208,000 after purchasing an additional 7,685 shares in the last quarter. Institutional investors and hedge funds own 74.33% of the company’s stock.
Analyst Ratings Changes
Separately, StockNews.com raised shares of Ennis from a “buy” rating to a “strong-buy” rating in a research report on Friday, February 21st.
Ennis Trading Up 0.0 %
Shares of NYSE EBF opened at $20.10 on Wednesday. The firm has a market capitalization of $522.86 million, a P/E ratio of 12.64 and a beta of 0.40. The firm’s 50-day moving average price is $20.76 and its 200-day moving average price is $21.34. Ennis, Inc. has a 1-year low of $18.88 and a 1-year high of $25.75.
Ennis Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, May 5th. Investors of record on Monday, April 14th will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 4.98%. The ex-dividend date is Monday, April 14th. Ennis’s dividend payout ratio (DPR) is currently 62.89%.
About Ennis
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, 360ยบ 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.
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