Campbell & CO Investment Adviser LLC bought a new stake in Ennis, Inc. (NYSE:EBF) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 14,935 shares of the industrial products company’s stock, valued at approximately $293,000. Campbell & CO Investment Adviser LLC owned approximately 0.06% of Ennis at the end of the most recent reporting period.
A number of other institutional investors have also recently modified their holdings of EBF. Wells Fargo & Company MN grew its holdings in shares of Ennis by 1.9% in the second quarter. Wells Fargo & Company MN now owns 2,172,193 shares of the industrial products company’s stock valued at $41,489,000 after acquiring an additional 39,519 shares in the last quarter. Vanguard Group Inc. lifted its stake in Ennis by 3.8% in the second quarter. Vanguard Group Inc. now owns 1,650,087 shares of the industrial products company’s stock valued at $31,517,000 after purchasing an additional 60,719 shares during the last quarter. Northern Trust Corp lifted its stake in Ennis by 5.0% in the second quarter. Northern Trust Corp now owns 1,049,384 shares of the industrial products company’s stock valued at $20,043,000 after purchasing an additional 50,147 shares during the last quarter. State Street Corp lifted its stake in Ennis by 7.5% in the second quarter. State Street Corp now owns 726,865 shares of the industrial products company’s stock valued at $13,883,000 after purchasing an additional 50,558 shares during the last quarter. Finally, LSV Asset Management lifted its stake in Ennis by 4.1% in the second quarter. LSV Asset Management now owns 711,695 shares of the industrial products company’s stock valued at $13,593,000 after purchasing an additional 27,795 shares during the last quarter. 83.31% of the stock is owned by institutional investors and hedge funds.
Separately, BidaskClub upgraded Ennis from a “sell” rating to a “hold” rating in a research note on Tuesday, August 22nd.
Ennis, Inc. (NYSE:EBF) traded down $0.50 during trading hours on Friday, hitting $19.70. The company’s stock had a trading volume of 86,682 shares, compared to its average volume of 61,954. The stock has a market capitalization of $503.83, a P/E ratio of 16.42 and a beta of 0.73. Ennis, Inc. has a 12-month low of $15.20 and a 12-month high of $21.50. The company has a current ratio of 5.89, a quick ratio of 4.78 and a debt-to-equity ratio of 0.12.
Ennis (NYSE:EBF) last released its quarterly earnings results on Monday, September 25th. The industrial products company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.04. The firm had revenue of $94.89 million for the quarter. Ennis had a net margin of 7.73% and a return on equity of 12.13%.
The company also recently declared a quarterly dividend, which was paid on Friday, November 10th. Stockholders of record on Friday, October 13th were issued a $0.20 dividend. The ex-dividend date of this dividend was Thursday, October 12th. This represents a $0.80 annualized dividend and a dividend yield of 4.06%. Ennis’s payout ratio is currently 72.07%.
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Ennis, Inc and its subsidiaries are engaged in the production and sale of printed business products, business forms and other business products. The Company operates through Print segment, which is engaged in printing, manufacturing and selling a range of business forms and other business products to distributors located throughout the United States primarily through independent dealers.
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