Creative Planning Purchases 26,207 Shares of Ennis, Inc. (NYSE:EBF)

Creative Planning lifted its position in shares of Ennis, Inc. (NYSE:EBF - Free Report) by 84.9% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 57,093 shares of the industrial products company's stock after acquiring an additional 26,207 shares during the quarter. Creative Planning owned approximately 0.22% of Ennis worth $1,389,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in EBF. Price T Rowe Associates Inc. MD boosted its position in shares of Ennis by 74.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 65,588 shares of the industrial products company's stock valued at $1,346,000 after acquiring an additional 27,921 shares during the last quarter. Koss Olinger Consulting LLC purchased a new position in shares of Ennis during the 2nd quarter valued at about $494,000. Cubist Systematic Strategies LLC purchased a new position in shares of Ennis during the 2nd quarter valued at about $543,000. AQR Capital Management LLC raised its holdings in shares of Ennis by 74.5% during the 2nd 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, CWM LLC raised its holdings in shares of Ennis by 97.0% during the 2nd quarter. CWM LLC now owns 3,849 shares of the industrial products company's stock valued at $84,000 after buying an additional 1,895 shares in the last quarter. Institutional investors own 74.33% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut Ennis from a "strong-buy" rating to a "buy" rating in a report on Tuesday.

Ennis Price Performance

Ennis stock traded down $0.07 during trading hours on Thursday, reaching $20.36. The company had a trading volume of 125,374 shares, compared to its average volume of 126,745. The company has a 50-day moving average price of $22.90 and a 200 day moving average price of $21.99. The firm has a market cap of $529.03 million, a price-to-earnings ratio of 12.73 and a beta of 0.40. Ennis, Inc. has a 12-month low of $18.88 and a 12-month high of $25.75.

Ennis (NYSE:EBF - Get Free Report) last announced its quarterly earnings results on Monday, September 23rd. The industrial products company reported $0.40 EPS for the quarter. The business had revenue of $99.04 million for the quarter. Ennis had a return on equity of 11.64% and a net margin of 10.15%.

Ennis Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 8th. Stockholders of record on Friday, October 11th will be given a $0.25 dividend. The ex-dividend date is Friday, October 11th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.91%. Ennis's dividend payout ratio is currently 62.50%.

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.