Pacific Ridge Capital Partners LLC Raises Position in Ennis, Inc. (EBF)
Pacific Ridge Capital Partners LLC increased its stake in shares of Ennis, Inc. (NYSE:EBF) by 5.7% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 75,970 shares of the industrial products company’s stock after acquiring an additional 4,100 shares during the quarter. Pacific Ridge Capital Partners LLC owned about 0.29% of Ennis worth $1,554,000 at the end of the most recent quarter.
Other large investors also recently modified their holdings of the company. Engineers Gate Manager LP bought a new position in Ennis during the second quarter valued at $219,000. Wells Fargo & Company MN lifted its position in Ennis by 2.8% during the second quarter. Wells Fargo & Company MN now owns 2,302,049 shares of the industrial products company’s stock valued at $46,847,000 after purchasing an additional 62,391 shares during the last quarter. Martingale Asset Management L P lifted its position in Ennis by 52.4% during the second quarter. Martingale Asset Management L P now owns 84,013 shares of the industrial products company’s stock valued at $1,710,000 after purchasing an additional 28,900 shares during the last quarter. Trexquant Investment LP bought a new position in Ennis during the second quarter valued at $333,000. Finally, Nisa Investment Advisors LLC lifted its position in Ennis by 721.3% during the third quarter. Nisa Investment Advisors LLC now owns 6,570 shares of the industrial products company’s stock valued at $134,000 after purchasing an additional 5,770 shares during the last quarter. Hedge funds and other institutional investors own 80.64% of the company’s stock.
Separately, Zacks Investment Research lowered shares of Ennis from a “strong-buy” rating to a “hold” rating in a research report on Tuesday.
Ennis (NYSE:EBF) last announced its earnings results on Tuesday, September 25th. The industrial products company reported $0.37 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.35 by $0.02. Ennis had a net margin of 9.50% and a return on equity of 13.13%. The business had revenue of $98.59 million for the quarter. On average, equities research analysts predict that Ennis, Inc. will post 1.4 earnings per share for the current year.
TRADEMARK VIOLATION WARNING: “Pacific Ridge Capital Partners LLC Raises Position in Ennis, Inc. (EBF)” was originally posted by Daily Political and is owned by of Daily Political. If you are viewing this story on another publication, it was stolen and republished in violation of U.S. & international trademark and copyright law. The correct version of this story can be viewed at https://www.dailypolitical.com/2018/12/08/pacific-ridge-capital-partners-llc-raises-position-in-ennis-inc-ebf.html.
Ennis Company Profile
Ennis, Inc designs, 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, Specialized Printed Forms, 360 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, Curtis Business Forms, Falcon Business Forms, Forms Manufacturers, Mutual Graphics, TRI-C Business Forms, Major Business Systems, Independent Printing, Hoosier Data Forms, and Hayes Graphics brand names.
Featured Story: Understanding Market Liquidity
Receive News & Ratings for Ennis Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ennis and related companies with MarketBeat.com's FREE daily email newsletter.