Cetera Investment Advisers Has $277,000 Stake in Ennis, Inc. $EBF

Cetera Investment Advisers trimmed its stake in Ennis, Inc. (NYSE:EBF) by 15.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,784 shares of the industrial products company’s stock after selling 2,532 shares during the period. Cetera Investment Advisers owned about 0.05% of Ennis worth $277,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in EBF. CWM LLC boosted its holdings in Ennis by 20.5% in the first quarter. CWM LLC now owns 4,526 shares of the industrial products company’s stock valued at $91,000 after acquiring an additional 770 shares during the last quarter. GAMMA Investing LLC raised its position in shares of Ennis by 2,050.0% during the first quarter. GAMMA Investing LLC now owns 4,902 shares of the industrial products company’s stock worth $98,000 after purchasing an additional 4,674 shares during the period. Parallel Advisors LLC raised its position in Ennis by 30.5% in the 1st quarter. Parallel Advisors LLC now owns 5,935 shares of the industrial products company’s stock valued at $119,000 after buying an additional 1,386 shares during the last quarter. Bridgeway Capital Management LLC acquired a new stake in Ennis in the 4th quarter valued at approximately $209,000. Finally, LPL Financial LLC grew its stake in Ennis by 5.3% in the fourth quarter. LPL Financial LLC now owns 11,953 shares of the industrial products company’s stock valued at $252,000 after purchasing an additional 604 shares in the last quarter. Institutional investors own 74.33% of the company’s stock.

Ennis Stock Down 1.1%

EBF stock opened at $18.0410 on Thursday. The business has a 50 day moving average price of $18.25 and a two-hundred day moving average price of $19.17. The company has a market cap of $465.46 million, a price-to-earnings ratio of 11.87 and a beta of 0.48. 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, June 23rd. The industrial products company reported $0.38 EPS for the quarter, topping the consensus estimate of $0.37 by $0.01. Ennis had a return on equity of 12.49% and a net margin of 10.12%.The company had revenue of $97.20 million during the quarter, compared to the consensus estimate of $99.30 million.

Ennis Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, August 11th. Investors of record on Friday, July 11th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 5.5%. The ex-dividend date of this dividend was Friday, July 11th. Ennis’s dividend payout ratio (DPR) is presently 65.79%.

Insiders Place Their Bets

In other news, Director Walter D. Gruenes purchased 5,500 shares of the company’s stock in a transaction that occurred on Monday, July 28th. The stock was acquired at an average cost of $17.99 per share, with a total value of $98,945.00. Following the acquisition, the director owned 10,743 shares in the company, valued at approximately $193,266.57. This trade represents a 104.90% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 3.70% of the company’s stock.

Ennis 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.