Teacher Retirement System of Texas Acquires 61,919 Shares of Ennis, Inc. (NYSE:EBF)

Teacher Retirement System of Texas increased its position in shares of Ennis, Inc. (NYSE:EBF - Free Report) by 49.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 188,310 shares of the industrial products company's stock after purchasing an additional 61,919 shares during the quarter. Teacher Retirement System of Texas owned approximately 0.72% of Ennis worth $3,971,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. FMR LLC increased its position in shares of Ennis by 34.6% during the third quarter. FMR LLC now owns 3,324 shares of the industrial products company's stock valued at $81,000 after acquiring an additional 855 shares during the last quarter. BNP Paribas Financial Markets raised its stake in shares of Ennis by 14.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 37,033 shares of the industrial products company's stock worth $901,000 after purchasing an additional 4,619 shares during the period. De Lisle Partners LLP bought a new position in Ennis during the third quarter valued at about $250,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Ennis by 61.9% during 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 buying an additional 10,995 shares during the last quarter. Finally, Martingale Asset Management L P raised its position in Ennis by 43.7% in the third quarter. Martingale Asset Management L P now owns 56,363 shares of the industrial products company's stock worth $1,371,000 after acquiring an additional 17,137 shares during the period. 74.33% of the stock is owned by institutional investors.

Remove Ads

Ennis Stock Down 1.4 %

Shares of EBF stock traded down $0.28 on Tuesday, reaching $19.41. The company's stock had a trading volume of 252,637 shares, compared to its average volume of 133,933. Ennis, Inc. has a 12-month low of $18.88 and a 12-month high of $25.75. The stock's 50 day simple moving average is $20.86 and its 200-day simple moving average is $21.47. The company has a market capitalization of $504.91 million, a P/E ratio of 12.21 and a beta of 0.40.

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

Ennis Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, May 5th. Investors of record on Monday, April 14th will be given a $0.25 dividend. The ex-dividend date of this dividend is Monday, April 14th. This represents a $1.00 annualized dividend and a yield of 5.15%. Ennis's dividend payout ratio (DPR) is presently 62.89%.

Analyst Ratings Changes

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

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.