Ennis, Inc. (NYSE:EBF) Stock Holdings Lifted by Geode Capital Management LLC

Geode Capital Management LLC grew its position in shares of Ennis, Inc. (NYSE:EBF - Free Report) by 5.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 706,924 shares of the industrial products company's stock after acquiring an additional 36,187 shares during the quarter. Geode Capital Management LLC owned about 2.72% of Ennis worth $17,195,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EBF. Renaissance Technologies LLC boosted its position in Ennis by 0.7% during the 2nd quarter. Renaissance Technologies LLC now owns 1,537,746 shares of the industrial products company's stock worth $33,661,000 after purchasing an additional 11,000 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of Ennis by 0.4% during the second quarter. Bank of New York Mellon Corp now owns 339,928 shares of the industrial products company's stock worth $7,441,000 after purchasing an additional 1,254 shares in the last quarter. American Century Companies Inc. boosted its position in shares of Ennis by 47.1% in the second quarter. American Century Companies Inc. now owns 274,947 shares of the industrial products company's stock worth $6,019,000 after buying an additional 88,042 shares during the period. AQR Capital Management LLC grew its stake in shares of Ennis by 74.5% in the second quarter. AQR Capital Management LLC now owns 268,172 shares of the industrial products company's stock valued at $5,870,000 after buying an additional 114,516 shares in the last quarter. Finally, Barclays PLC raised its holdings in shares of Ennis by 35.7% during the 3rd quarter. Barclays PLC now owns 128,298 shares of the industrial products company's stock valued at $3,120,000 after buying an additional 33,748 shares during the period. 74.33% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Ennis from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, December 11th.

Ennis Price Performance

Ennis stock traded up $0.24 during midday trading on Monday, hitting $21.29. 103,081 shares of the stock were exchanged, compared to its average volume of 126,998. The company has a 50 day moving average price of $21.11 and a two-hundred day moving average price of $22.26. The firm has a market cap of $553.63 million, a P/E ratio of 13.47 and a beta of 0.41. Ennis, Inc. has a 1 year low of $18.88 and a 1 year high of $25.75.

Ennis (NYSE:EBF - Get Free Report) last released its quarterly earnings results on Monday, December 23rd. The industrial products company reported $0.39 EPS for the quarter, hitting the consensus estimate of $0.39. Ennis had a return on equity of 11.64% and a net margin of 10.15%.

Ennis Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 6th. Stockholders of record on Thursday, January 9th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 4.70%. The ex-dividend date of this dividend is Thursday, January 9th. Ennis's dividend payout ratio (DPR) is currently 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.