Ennis, Inc. $EBF Shares Purchased by Sei Investments Co.

Sei Investments Co. lifted its position in Ennis, Inc. (NYSE:EBF) by 39.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 97,482 shares of the industrial products company’s stock after purchasing an additional 27,458 shares during the quarter. Sei Investments Co. owned about 0.39% of Ennis worth $2,088,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of EBF. MBM Wealth Consultants LLC acquired a new position in Ennis in the 1st quarter valued at about $27,000. EverSource Wealth Advisors LLC raised its position in shares of Ennis by 1,037.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,524 shares of the industrial products company’s stock valued at $28,000 after buying an additional 1,390 shares during the period. WealthCollab LLC raised its position in shares of Ennis by 180.9% during the 4th quarter. WealthCollab LLC now owns 1,809 shares of the industrial products company’s stock valued at $33,000 after buying an additional 1,165 shares during the period. BNP Paribas Financial Markets lifted its holdings in Ennis by 56.8% in the second quarter. BNP Paribas Financial Markets now owns 2,456 shares of the industrial products company’s stock valued at $45,000 after acquiring an additional 890 shares during the last quarter. Finally, Kestra Advisory Services LLC acquired a new position in Ennis in the fourth quarter valued at approximately $51,000. 74.33% of the stock is owned by hedge funds and other institutional investors.

Ennis Stock Down 0.0%

Ennis stock opened at $22.29 on Monday. Ennis, Inc. has a 52-week low of $16.30 and a 52-week high of $22.55. The firm has a market cap of $563.94 million, a PE ratio of 13.35 and a beta of 0.27. The company’s 50 day moving average is $21.21 and its two-hundred day moving average is $20.87.

Ennis (NYSE:EBF) last posted its quarterly earnings results on Monday, June 22nd. The industrial products company reported $0.39 EPS for the quarter, hitting the consensus estimate of $0.39. Ennis had a net margin of 10.84% and a return on equity of 13.89%. The business had revenue of $98.61 million during the quarter, compared to the consensus estimate of $98.20 million. During the same quarter in the previous year, the firm posted $0.38 earnings per share.

Ennis Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Friday, July 10th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend is Friday, July 10th. Ennis’s payout ratio is presently 59.88%.

Wall Street Analyst Weigh In

Several research firms have issued reports on EBF. Weiss Ratings cut Ennis from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, July 30th. Wall Street Zen raised Ennis from a “hold” rating to a “buy” rating in a research note on Monday, August 3rd. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Ennis Company 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.