American Century Companies Inc. Buys 133,036 Shares of Ennis, Inc. (NYSE:EBF)

American Century Companies Inc. lifted its stake in shares of Ennis, Inc. (NYSE:EBF) by 27.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 617,207 shares of the industrial products company’s stock after acquiring an additional 133,036 shares during the period. American Century Companies Inc. owned approximately 2.37% of Ennis worth $13,017,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. FMR LLC lifted its stake 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 in the last quarter. BNP Paribas Financial Markets boosted its holdings in Ennis by 14.3% during the third quarter. BNP Paribas Financial Markets now owns 37,033 shares of the industrial products company’s stock worth $901,000 after purchasing an additional 4,619 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Ennis by 61.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 28,751 shares of the industrial products company’s stock valued at $699,000 after purchasing an additional 10,995 shares in the last quarter. Barclays PLC increased its stake in Ennis by 35.7% in the 3rd quarter. Barclays PLC now owns 128,298 shares of the industrial products company’s stock valued at $3,120,000 after buying an additional 33,748 shares during the last quarter. Finally, Vestcor Inc lifted its position in Ennis by 99.3% during the 3rd quarter. Vestcor Inc now owns 48,260 shares of the industrial products company’s stock worth $1,174,000 after buying an additional 24,046 shares in the last quarter. 74.33% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Ennis from a “buy” rating to a “strong-buy” rating in a report on Friday, February 21st.

Ennis Stock Up 0.0 %

Shares of Ennis stock opened at $20.10 on Wednesday. Ennis, Inc. has a 12-month low of $18.88 and a 12-month high of $25.75. The business’s 50 day moving average is $20.76 and its 200-day moving average is $21.34. The stock has a market cap of $522.86 million, a P/E ratio of 12.64 and a beta of 0.40.

Ennis Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 5th. Stockholders of record on Monday, April 14th will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.98%. The ex-dividend date is Monday, April 14th. Ennis’s dividend payout ratio (DPR) is presently 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, 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.