Renaissance Technologies LLC Has $31.21 Million Holdings in Ennis, Inc. (NYSE:EBF)

Renaissance Technologies LLC reduced its position in shares of Ennis, Inc. (NYSE:EBF - Free Report) by 3.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,479,646 shares of the industrial products company's stock after selling 50,100 shares during the quarter. Renaissance Technologies LLC owned about 5.69% of Ennis worth $31,206,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of EBF. JPMorgan Chase & Co. grew its holdings in Ennis by 282.8% during the third quarter. JPMorgan Chase & Co. now owns 250,932 shares of the industrial products company's stock worth $6,103,000 after acquiring an additional 185,373 shares during the period. American Century Companies Inc. boosted its position in shares of Ennis by 27.5% in the fourth quarter. American Century Companies Inc. now owns 617,207 shares of the industrial products company's stock worth $13,017,000 after buying an additional 133,036 shares during the period. Teacher Retirement System of Texas grew its stake in Ennis by 49.0% during the 4th quarter. Teacher Retirement System of Texas now owns 188,310 shares of the industrial products company's stock valued at $3,971,000 after acquiring an additional 61,919 shares in the last quarter. Segall Bryant & Hamill LLC acquired a new position in Ennis in the 4th quarter valued at approximately $1,175,000. Finally, Allspring Global Investments Holdings LLC increased its stake in shares of Ennis by 3.2% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 1,617,581 shares of the industrial products company's stock worth $33,888,000 after acquiring an additional 50,792 shares during the last quarter. 74.33% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Ennis from a "buy" rating to a "strong-buy" rating in a research note on Friday, February 21st.

Ennis Trading Up 0.7 %

EBF traded up $0.14 during trading on Thursday, hitting $18.85. The stock had a trading volume of 55,274 shares, compared to its average volume of 145,510. Ennis, Inc. has a 12 month low of $18.46 and a 12 month high of $25.75. The firm has a market cap of $490.21 million, a PE ratio of 11.85 and a beta of 0.40. The company has a 50 day simple moving average of $20.40 and a 200-day simple moving average of $20.97.

Ennis Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, May 5th. Shareholders of record on Monday, April 14th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 5.31%. The ex-dividend date is Monday, April 14th. Ennis's dividend payout ratio (DPR) is presently 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.