Jane Street Group LLC Purchases 2,896 Shares of Ennis, Inc. (NYSE:EBF)

Jane Street Group LLC lifted its position in Ennis, Inc. (NYSE:EBF) by 9.5% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 33,263 shares of the industrial products company’s stock after purchasing an additional 2,896 shares during the period. Jane Street Group LLC owned about 0.13% of Ennis worth $702,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in EBF. Quantbot Technologies LP bought a new position in Ennis in the fourth quarter worth about $65,000. Nisa Investment Advisors LLC grew its holdings in shares of Ennis by 8,888.9% during the 4th quarter. Nisa Investment Advisors LLC now owns 4,045 shares of the industrial products company’s stock worth $85,000 after acquiring an additional 4,000 shares during the period. SG Americas Securities LLC grew its holdings in shares of Ennis by 46.0% during the 4th quarter. SG Americas Securities LLC now owns 6,194 shares of the industrial products company’s stock worth $131,000 after acquiring an additional 1,951 shares during the period. GPS Wealth Strategies Group LLC grew its holdings in shares of Ennis by 10.3% during the 4th 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 during the period. Finally, EMC Capital Management grew its holdings in shares of Ennis by 355.3% during 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 period. Institutional investors own 74.33% of the company’s stock.

Ennis Stock Down 0.4%

Ennis stock opened at $18.66 on Monday. The company has a market capitalization of $486.18 million, a P/E ratio of 11.74 and a beta of 0.46. The stock’s 50 day moving average is $19.08 and its 200 day moving average is $20.34. Ennis, Inc. has a twelve month low of $17.15 and a twelve month high of $25.75.

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

Ennis Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, May 5th. Stockholders of record on Monday, April 14th were issued a dividend of $0.25 per share. The ex-dividend date was Monday, April 14th. This represents a $1.00 annualized dividend and a dividend yield of 5.36%. Ennis’s payout ratio is 64.52%.

Wall Street Analyst Weigh In

Separately, Wall Street Zen downgraded Ennis from a “strong-buy” rating to a “buy” rating in a report on Tuesday, April 22nd.

Insider Activity

In related news, Director Michael J. Schaefer sold 2,000 shares of the firm’s stock in a transaction on Friday, May 2nd. The stock was sold at an average price of $17.86, for a total value of $35,720.00. Following the transaction, the director now directly owns 30,747 shares of the company’s stock, valued at approximately $549,141.42. This trade represents a 6.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold 19,873 shares of company stock valued at $357,330 in the last ninety days. 3.50% of the stock is currently owned by company insiders.

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.