Ennis, Inc. (NYSE:EBF) Shares Purchased by GPS Wealth Strategies Group LLC

GPS Wealth Strategies Group LLC boosted its holdings in Ennis, Inc. (NYSE:EBF) by 10.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 7,099 shares of the industrial products company’s stock after buying an additional 663 shares during the period. GPS Wealth Strategies Group LLC’s holdings in Ennis were worth $150,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in EBF. JPMorgan Chase & Co. lifted its stake in shares of Ennis by 282.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 250,932 shares of the industrial products company’s stock valued at $6,103,000 after purchasing an additional 185,373 shares in the last quarter. Geode Capital Management LLC grew its holdings in Ennis by 5.4% during the 3rd quarter. Geode Capital Management LLC now owns 706,924 shares of the industrial products company’s stock worth $17,195,000 after acquiring an additional 36,187 shares in the last quarter. Barclays PLC increased its holdings in Ennis by 35.7% in the third quarter. Barclays PLC now owns 128,298 shares of the industrial products company’s stock valued at $3,120,000 after buying an additional 33,748 shares during the last quarter. Creative Planning raised its position in shares of Ennis by 84.9% during the 3rd quarter. Creative Planning now owns 57,093 shares of the industrial products company’s stock valued at $1,389,000 after acquiring an additional 26,207 shares in the last quarter. Finally, Cubist Systematic Strategies LLC acquired a new position in shares of Ennis in the 2nd quarter valued at about $543,000. Hedge funds and other institutional investors own 74.33% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Ennis from a “buy” rating to a “strong-buy” rating in a research note on Thursday, January 23rd.

Ennis Stock Down 1.3 %

Ennis stock opened at $20.49 on Tuesday. Ennis, Inc. has a 52-week low of $18.88 and a 52-week high of $25.75. The firm has a market capitalization of $532.88 million, a price-to-earnings ratio of 12.88 and a beta of 0.41. The firm has a 50-day moving average price of $20.99 and a two-hundred day moving average price of $22.04.

Ennis (NYSE:EBF) last issued its quarterly earnings data on Monday, December 23rd. The industrial products company reported $0.39 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.39. Ennis had a return on equity of 12.16% and a net margin of 10.35%.

Ennis Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 6th. Shareholders of record on Thursday, January 9th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, January 10th. This represents a $1.00 annualized dividend and a yield of 4.88%. Ennis’s payout ratio is 62.89%.

Ennis Company 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.