Allspring Global Investments Holdings LLC Has $33.89 Million Stock Holdings in Ennis, Inc. (NYSE:EBF)

Allspring Global Investments Holdings LLC lifted its holdings in shares of Ennis, Inc. (NYSE:EBF - Free Report) by 3.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,617,581 shares of the industrial products company's stock after buying an additional 50,792 shares during the period. Allspring Global Investments Holdings LLC owned approximately 6.22% of Ennis worth $33,888,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Geode Capital Management LLC lifted its position in Ennis by 5.4% in the third quarter. Geode Capital Management LLC now owns 706,924 shares of the industrial products company's stock worth $17,195,000 after purchasing an additional 36,187 shares during the period. JPMorgan Chase & Co. lifted its position in Ennis by 282.8% in the third quarter. JPMorgan Chase & Co. now owns 250,932 shares of the industrial products company's stock worth $6,103,000 after purchasing an additional 185,373 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Ennis by 61.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 28,751 shares of the industrial products company's stock worth $699,000 after purchasing an additional 10,995 shares during the period. Creative Planning lifted its position in Ennis by 84.9% in the third quarter. Creative Planning now owns 57,093 shares of the industrial products company's stock worth $1,389,000 after purchasing an additional 26,207 shares during the period. Finally, Nisa Investment Advisors LLC lifted its position 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 purchasing an additional 4,000 shares during the period. 74.33% of the stock is currently owned by institutional investors and hedge funds.

Ennis Price Performance

Shares of NYSE:EBF traded up $0.15 on Tuesday, reaching $20.63. 38,168 shares of the company traded hands, compared to its average volume of 121,594. Ennis, Inc. has a fifty-two week low of $18.88 and a fifty-two week high of $25.75. The company's 50 day moving average is $20.83 and its 200-day moving average is $21.81. The stock has a market capitalization of $536.59 million, a PE ratio of 12.97 and a beta of 0.41.

Ennis (NYSE:EBF - Get Free Report) last announced its quarterly earnings data on Monday, December 23rd. The industrial products company reported $0.39 EPS for the quarter, meeting analysts' consensus estimates of $0.39. Ennis had a return on equity of 12.16% and a net margin of 10.35%.

Ennis Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 6th. Stockholders of record on Thursday, January 9th were given a dividend of $0.25 per share. The ex-dividend date was Friday, January 10th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.85%. Ennis's dividend payout ratio (DPR) is presently 62.89%.

Analysts Set New Price Targets

Separately, StockNews.com downgraded Ennis from a "strong-buy" rating to a "buy" rating in a research report on Thursday, February 13th.

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.