Ennis, Inc. (NYSE:EBF) Stock Position Lifted by GPS Wealth Strategies Group LLC

GPS Wealth Strategies Group LLC lifted its holdings in Ennis, Inc. (NYSE:EBF) by 10.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,099 shares of the industrial products company’s stock after purchasing an additional 663 shares during the period. GPS Wealth Strategies Group LLC’s holdings in Ennis were worth $150,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in EBF. Sei Investments Co. grew its position in Ennis by 21.7% in the 2nd quarter. Sei Investments Co. now owns 47,100 shares of the industrial products company’s stock worth $1,031,000 after purchasing an additional 8,412 shares during the last quarter. The Manufacturers Life Insurance Company increased its stake in shares of Ennis by 5.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 10,786 shares of the industrial products company’s stock valued at $236,000 after buying an additional 534 shares during the period. Creative Planning boosted its stake in shares of Ennis by 104.4% in the 2nd quarter. Creative Planning now owns 30,886 shares of the industrial products company’s stock valued at $676,000 after purchasing an additional 15,772 shares during the last quarter. Point72 Asset Management L.P. acquired a new stake in shares of Ennis during the 2nd quarter worth approximately $33,000. Finally, Cubist Systematic Strategies LLC bought a new stake in shares of Ennis during the second quarter worth approximately $543,000. Institutional investors own 74.33% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Ennis from a “buy” rating to a “strong-buy” rating in a research note on Thursday, January 23rd.

Ennis Trading Down 1.3 %

NYSE EBF opened at $20.49 on Tuesday. Ennis, Inc. has a 12 month low of $18.88 and a 12 month high of $25.75. The company has a market capitalization of $532.88 million, a PE ratio of 12.88 and a beta of 0.41. The stock has a 50-day simple moving average of $20.99 and a 200 day simple moving average of $22.04.

Ennis (NYSE:EBF) last announced its quarterly earnings results on Monday, December 23rd. The industrial products company reported $0.39 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.39. Ennis had a net margin of 10.35% and a return on equity of 12.16%.

Ennis Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 6th. Stockholders of record on Thursday, January 9th will be given a dividend of $0.25 per share. The ex-dividend date is Friday, January 10th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.88%. Ennis’s dividend payout ratio is 62.89%.

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.