Vestcor Inc Acquires 24,046 Shares of Ennis, Inc. (NYSE:EBF)

Vestcor Inc increased its stake in Ennis, Inc. (NYSE:EBF) by 99.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 48,260 shares of the industrial products company’s stock after purchasing an additional 24,046 shares during the quarter. Vestcor Inc’s holdings in Ennis were worth $1,174,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of EBF. Barclays PLC raised its stake in shares of Ennis by 35.7% in the third quarter. Barclays PLC now owns 128,298 shares of the industrial products company’s stock worth $3,120,000 after buying an additional 33,748 shares during the period. Martingale Asset Management L P increased its holdings in Ennis by 43.7% in the 3rd quarter. Martingale Asset Management L P now owns 56,363 shares of the industrial products company’s stock worth $1,371,000 after acquiring an additional 17,137 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Ennis by 61.9% in the 3rd 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 worth $699,000 after acquiring an additional 10,995 shares in the last quarter. De Lisle Partners LLP bought a new stake in Ennis during the 3rd quarter worth approximately $250,000. Finally, BNP Paribas Financial Markets lifted 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 valued at $901,000 after purchasing an additional 4,619 shares in the last quarter. 74.33% of the stock is currently owned by hedge funds and other institutional investors.

Ennis Stock Up 0.0 %

NYSE:EBF opened at $21.43 on Thursday. The business’s 50-day simple moving average is $21.44 and its two-hundred day simple moving average is $22.23. Ennis, Inc. has a 52 week low of $18.88 and a 52 week high of $25.75. The stock has a market cap of $557.18 million, a PE ratio of 13.56 and a beta of 0.41.

Ennis (NYSE:EBF) last posted its quarterly earnings results on Monday, September 23rd. The industrial products company reported $0.40 EPS for the quarter. Ennis had a return on equity of 11.64% and a net margin of 10.15%. The company had revenue of $99.04 million for the quarter.

Ennis Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 8th. Investors of record on Friday, October 11th were given a dividend of $0.25 per share. The ex-dividend date was Friday, October 11th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.67%. Ennis’s dividend payout ratio is 63.29%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of Ennis from a “strong-buy” rating to a “buy” rating in a research note on Wednesday.

Ennis Profile

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.