Ennis, Inc. $EBF Shares Purchased by Royce & Associates LP

Royce & Associates LP increased its position in shares of Ennis, Inc. (NYSE:EBF) by 4.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,300,634 shares of the industrial products company’s stock after acquiring an additional 51,634 shares during the period. Royce & Associates LP owned approximately 5.14% of Ennis worth $23,424,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. State of Alaska Department of Revenue acquired a new position in Ennis during the third quarter worth about $25,000. EverSource Wealth Advisors LLC grew its holdings in Ennis by 1,037.3% during the second quarter. EverSource Wealth Advisors LLC now owns 1,524 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 1,390 shares during the period. WealthCollab LLC grew its holdings in Ennis by 180.9% during the fourth quarter. WealthCollab LLC now owns 1,809 shares of the industrial products company’s stock worth $33,000 after acquiring an additional 1,165 shares during the period. BNP Paribas Financial Markets grew its holdings in Ennis by 56.8% during the second quarter. BNP Paribas Financial Markets now owns 2,456 shares of the industrial products company’s stock worth $45,000 after acquiring an additional 890 shares during the period. Finally, Tower Research Capital LLC TRC grew its holdings in Ennis by 245.6% during the second quarter. Tower Research Capital LLC TRC now owns 3,100 shares of the industrial products company’s stock worth $56,000 after acquiring an additional 2,203 shares during the period. 74.33% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on EBF shares. Wall Street Zen lowered Ennis from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. Weiss Ratings raised Ennis from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, April 13th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy”.

Ennis Trading Up 0.7%

Shares of EBF opened at $20.42 on Wednesday. The business’s 50-day moving average price is $20.88 and its 200 day moving average price is $19.62. The stock has a market capitalization of $516.48 million, a P/E ratio of 12.30 and a beta of 0.29. Ennis, Inc. has a 1-year low of $16.30 and a 1-year high of $22.36.

Ennis (NYSE:EBF) last issued its quarterly earnings results on Monday, April 20th. The industrial products company reported $0.35 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.03). The company had revenue of $96.36 million during the quarter, compared to analysts’ expectations of $95.10 million. Ennis had a return on equity of 13.98% and a net margin of 10.86%.

Ennis Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, May 4th. Investors of record on Monday, April 13th were paid a $0.25 dividend. The ex-dividend date of this dividend was Monday, April 13th. This represents a $1.00 dividend on an annualized basis and a yield of 4.9%. Ennis’s dividend payout ratio (DPR) is currently 60.24%.

Ennis Profile

Ennis, Inc (NYSE: EBF) is a provider of print and related products and services designed to meet the needs of businesses and organizations across a variety of industries. Headquartered in Dallas, Texas, Ennis offers business forms, checks, manuals, labels, promotional signage and specialty packaging. The company also delivers e-commerce and software solutions that enable customers to manage orders, customize print jobs and streamline supply-chain processes through its integrated online platform.

Ennis’s core product offerings include continuous business forms, laser checks and security-enhanced documents, as well as graphic communications materials such as brochures, catalogs and direct-mail collateral.