Ennis, Inc. $EBF Shares Bought by Quantinno Capital Management LP

Quantinno Capital Management LP raised its stake in shares of Ennis, Inc. (NYSE:EBF) by 46.2% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 76,753 shares of the industrial products company’s stock after buying an additional 24,256 shares during the period. Quantinno Capital Management LP’s holdings in Ennis were worth $1,644,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of EBF. Royce & Associates LP boosted its stake in shares of Ennis by 4.1% in the fourth quarter. Royce & Associates LP now owns 1,300,634 shares of the industrial products company’s stock worth $23,424,000 after buying an additional 51,634 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Ennis by 7.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,220,960 shares of the industrial products company’s stock valued at $21,989,000 after acquiring an additional 82,521 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Ennis by 5.8% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 689,695 shares of the industrial products company’s stock valued at $12,511,000 after acquiring an additional 37,513 shares during the period. Goldman Sachs Group Inc. boosted its position in Ennis by 72.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 632,839 shares of the industrial products company’s stock worth $11,397,000 after purchasing an additional 266,533 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in Ennis by 2.1% in the 1st quarter. Bank of New York Mellon Corp now owns 337,200 shares of the industrial products company’s stock worth $7,223,000 after purchasing an additional 7,079 shares in the last quarter. Institutional investors and hedge funds own 74.33% of the company’s stock.

Ennis Price Performance

Shares of EBF stock opened at $21.87 on Thursday. Ennis, Inc. has a 1-year low of $16.30 and a 1-year high of $22.55. The company has a market cap of $553.31 million, a price-to-earnings ratio of 13.10 and a beta of 0.27. The stock has a 50 day simple moving average of $21.30 and a 200-day simple moving average of $20.92.

Ennis (NYSE:EBF) last released its quarterly earnings results on Monday, June 22nd. The industrial products company reported $0.39 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.39. The firm had revenue of $98.61 million for the quarter, compared to analysts’ expectations of $98.20 million. Ennis had a net margin of 10.84% and a return on equity of 13.89%. During the same quarter last year, the company earned $0.38 EPS.

Ennis Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, August 10th. Stockholders of record on Friday, July 10th were given a $0.25 dividend. The ex-dividend date was Friday, July 10th. This represents a $1.00 annualized dividend and a dividend yield of 4.6%. Ennis’s dividend payout ratio (DPR) is 59.88%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on EBF shares. Weiss Ratings lowered shares of Ennis from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, July 30th. Wall Street Zen raised shares of Ennis from a “hold” rating to a “buy” rating in a report on Monday, August 3rd. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, Ennis presently has a consensus rating of “Hold”.

About Ennis

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.