Voya Investment Management LLC boosted its position in shares of Ennis, Inc. (NYSE:EBF) by 13.3% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 16,031 shares of the industrial products company’s stock after acquiring an additional 1,879 shares during the quarter. Voya Investment Management LLC owned about 0.06% of Ennis worth $306,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of EBF. Russell Investments Group Ltd. lifted its position in Ennis by 19.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 34,548 shares of the industrial products company’s stock worth $660,000 after acquiring an additional 5,691 shares during the period. Acadian Asset Management LLC lifted its holdings in shares of Ennis by 424.8% in the 2nd quarter. Acadian Asset Management LLC now owns 55,468 shares of the industrial products company’s stock valued at $1,060,000 after buying an additional 44,898 shares during the period. Sei Investments Co. lifted its holdings in shares of Ennis by 179.1% in the 2nd quarter. Sei Investments Co. now owns 10,850 shares of the industrial products company’s stock valued at $207,000 after buying an additional 6,963 shares during the period. Cigna Investments Inc. New acquired a new position in shares of Ennis in the 2nd quarter valued at about $344,000. Finally, Trexquant Investment LP acquired a new position in shares of Ennis in the 2nd quarter valued at about $399,000. 83.68% of the stock is owned by institutional investors.
In other news, Director Kenneth G. Pritchett sold 2,916 shares of the business’s stock in a transaction dated Tuesday, September 5th. The stock was sold at an average price of $18.86, for a total value of $54,995.76. Following the completion of the transaction, the director now owns 60,964 shares of the company’s stock, valued at approximately $1,149,781.04. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 4.04% of the company’s stock.
Separately, BidaskClub raised Ennis from a “sell” rating to a “hold” rating in a report on Tuesday, August 22nd.
Ennis, Inc. (NYSE:EBF) opened at $19.70 on Wednesday. The stock has a market capitalization of $496.15, a PE ratio of 16.17 and a beta of 0.72. The company has a quick ratio of 4.78, a current ratio of 5.89 and a debt-to-equity ratio of 0.12. Ennis, Inc. has a fifty-two week low of $15.20 and a fifty-two week high of $21.05.
Ennis (NYSE:EBF) last issued its quarterly earnings data on Monday, September 25th. The industrial products company reported $0.34 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.30 by $0.04. The business had revenue of $94.89 million during the quarter. Ennis had a return on equity of 12.13% and a net margin of 7.73%.
The business also recently disclosed 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 was Thursday, October 12th. This represents a $0.80 annualized dividend and a dividend yield of 4.06%. Ennis’s dividend payout ratio (DPR) is presently 72.07%.
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Ennis Company Profile
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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