Ennis, Inc. (NYSE:EBF) Shares Sold by Sei Investments Co.

Sei Investments Co. lowered its holdings in Ennis, Inc. (NYSE:EBF - Free Report) by 31.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 49,840 shares of the industrial products company's stock after selling 22,385 shares during the period. Sei Investments Co. owned about 0.19% of Ennis worth $1,051,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its position in shares of Ennis by 282.8% in the 3rd 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 last quarter. American Century Companies Inc. raised its stake in Ennis by 27.5% during the fourth quarter. American Century Companies Inc. now owns 617,207 shares of the industrial products company's stock valued at $13,017,000 after buying an additional 133,036 shares in the last quarter. Teacher Retirement System of Texas lifted its holdings 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 worth $3,971,000 after buying an additional 61,919 shares during the last quarter. Allspring Global Investments Holdings LLC grew its position in shares of Ennis by 3.2% in the 4th 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 in the last quarter. Finally, Denali Advisors LLC acquired a new position in shares of Ennis in the 4th quarter worth approximately $1,001,000. Hedge funds and other institutional investors own 74.33% of the company's stock.

Analyst Ratings Changes

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

Ennis Stock Performance

Shares of NYSE EBF traded up $0.30 during midday trading on Friday, hitting $19.33. The company's stock had a trading volume of 156,714 shares, compared to its average volume of 145,298. The firm has a market cap of $502.70 million, a P/E ratio of 12.15 and a beta of 0.40. Ennis, Inc. has a 1-year low of $18.46 and a 1-year high of $25.75. The firm's fifty day moving average price is $20.49 and its 200-day moving average price is $21.05.

Ennis Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, May 5th. Stockholders of record on Monday, April 14th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.17%. The ex-dividend date of this dividend is Monday, April 14th. Ennis's 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.