Barclays PLC Buys 6,020 Shares of Ennis, Inc. (NYSE:EBF)

Barclays PLC boosted its position in Ennis, Inc. (NYSE:EBF) by 4.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 134,318 shares of the industrial products company’s stock after acquiring an additional 6,020 shares during the quarter. Barclays PLC owned 0.52% of Ennis worth $2,832,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Quantbot Technologies LP bought a new position in shares of Ennis during the 4th quarter valued at about $65,000. Nisa Investment Advisors LLC boosted its stake in Ennis by 8,888.9% in the fourth quarter. Nisa Investment Advisors LLC now owns 4,045 shares of the industrial products company’s stock worth $85,000 after buying an additional 4,000 shares in the last quarter. SG Americas Securities LLC grew its position in Ennis by 46.0% during the fourth quarter. SG Americas Securities LLC now owns 6,194 shares of the industrial products company’s stock valued at $131,000 after acquiring an additional 1,951 shares during the last quarter. GPS Wealth Strategies Group LLC raised its stake in shares of Ennis by 10.3% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 7,099 shares of the industrial products company’s stock worth $150,000 after acquiring an additional 663 shares in the last quarter. Finally, EMC Capital Management lifted its holdings in shares of Ennis by 355.3% in the 4th quarter. EMC Capital Management now owns 9,848 shares of the industrial products company’s stock worth $208,000 after acquiring an additional 7,685 shares during the last quarter. Hedge funds and other institutional investors own 74.33% of the company’s stock.

Insider Buying and Selling at Ennis

In related news, Director Michael J. Schaefer sold 5,253 shares of the business’s stock in a transaction dated Monday, April 28th. The shares were sold at an average price of $18.09, for a total transaction of $95,026.77. Following the transaction, the director now owns 44,734 shares in the company, valued at $809,238.06. The trade was a 10.51 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 3.50% of the company’s stock.

Ennis Trading Up 0.9 %

Shares of NYSE:EBF opened at $18.00 on Wednesday. The company has a 50-day moving average price of $19.94 and a 200-day moving average price of $20.59. The company has a market cap of $468.23 million, a price-to-earnings ratio of 11.32 and a beta of 0.40. Ennis, Inc. has a 12 month low of $17.15 and a 12 month high of $25.75.

Ennis (NYSE:EBF) last released its quarterly earnings results on Monday, April 21st. The industrial products company reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.02). The business had revenue of $92.70 million for the quarter, compared to the consensus estimate of $95.60 million. Ennis had a net margin of 10.35% and a return on equity of 12.16%.

Ennis Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, May 5th. Investors of record on Monday, April 14th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 5.56%. The ex-dividend date of this dividend is Monday, April 14th. Ennis’s dividend payout ratio (DPR) is currently 64.52%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Ennis from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, April 22nd.

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.