Jane Street Group LLC Sells 8,287 Shares of Ennis, Inc. (NYSE:EBF)

Jane Street Group LLC cut its holdings in Ennis, Inc. (NYSE:EBF) by 21.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 30,367 shares of the industrial products company’s stock after selling 8,287 shares during the quarter. Jane Street Group LLC owned 0.12% of Ennis worth $739,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of EBF. Renaissance Technologies LLC lifted its position in shares of Ennis by 0.7% during the 2nd quarter. Renaissance Technologies LLC now owns 1,537,746 shares of the industrial products company’s stock valued at $33,661,000 after acquiring an additional 11,000 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of Ennis by 0.4% during the second quarter. Bank of New York Mellon Corp now owns 339,928 shares of the industrial products company’s stock valued at $7,441,000 after purchasing an additional 1,254 shares during the period. American Century Companies Inc. boosted its position in shares of Ennis by 47.1% during the 2nd quarter. American Century Companies Inc. now owns 274,947 shares of the industrial products company’s stock worth $6,019,000 after purchasing an additional 88,042 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of Ennis by 74.5% in the 2nd quarter. AQR Capital Management LLC now owns 268,172 shares of the industrial products company’s stock valued at $5,870,000 after buying an additional 114,516 shares during the period. Finally, Creative Planning increased its position in Ennis by 84.9% in the 3rd quarter. Creative Planning now owns 57,093 shares of the industrial products company’s stock valued at $1,389,000 after buying an additional 26,207 shares in the last quarter. 74.33% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com lowered Ennis from a “strong-buy” rating to a “buy” rating in a report on Wednesday, December 11th.

Ennis Trading Down 0.7 %

NYSE EBF opened at $20.95 on Friday. The company has a market cap of $544.78 million, a P/E ratio of 13.26 and a beta of 0.41. The company has a fifty day simple moving average of $21.13 and a 200 day simple moving average of $22.24. Ennis, Inc. has a 12-month low of $18.88 and a 12-month high of $25.75.

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, meeting analysts’ consensus estimates of $0.39. Ennis had a net margin of 10.15% and a return on equity of 11.64%.

Ennis Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 6th. Stockholders of record on Thursday, January 9th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 4.77%. The ex-dividend date of this dividend is Friday, January 10th. Ennis’s dividend payout ratio (DPR) is presently 62.89%.

About Ennis

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.