Vestcor Inc Has $1.17 Million Position in Ennis, Inc. (NYSE:EBF)

Vestcor Inc lifted its holdings in shares of Ennis, Inc. (NYSE:EBF - Free Report) by 99.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 48,260 shares of the industrial products company's stock after purchasing an additional 24,046 shares during the quarter. Vestcor Inc owned 0.19% of Ennis worth $1,174,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. AQR Capital Management LLC lifted its position 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 worth $5,870,000 after purchasing an additional 114,516 shares in the last quarter. American Century Companies Inc. boosted its stake in shares of Ennis by 47.1% during the 2nd 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 last quarter. Barclays PLC grew its holdings in shares of Ennis by 35.7% in the 3rd quarter. Barclays PLC now owns 128,298 shares of the industrial products company's stock valued at $3,120,000 after acquiring an additional 33,748 shares in the last quarter. Creative Planning increased its position in shares of Ennis by 84.9% in the third quarter. Creative Planning now owns 57,093 shares of the industrial products company's stock valued at $1,389,000 after acquiring an additional 26,207 shares during the last quarter. Finally, Cubist Systematic Strategies LLC acquired a new position in Ennis during the second quarter valued at approximately $543,000. 74.33% of the stock is owned by institutional investors and hedge funds.

Ennis Price Performance

EBF stock traded down $0.18 during trading hours on Thursday, reaching $21.24. The stock had a trading volume of 84,681 shares, compared to its average volume of 126,532. The stock has a market capitalization of $552.24 million, a PE ratio of 13.44 and a beta of 0.41. The stock has a 50-day simple moving average of $21.39 and a 200 day simple moving average of $22.22. Ennis, Inc. has a fifty-two week low of $18.88 and a fifty-two week high of $25.75.

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

Ennis Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 8th. Stockholders of record on Friday, October 11th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.71%. The ex-dividend date of this dividend was Friday, October 11th. Ennis's dividend payout ratio is presently 63.29%.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Ennis from a "strong-buy" rating to a "buy" rating in a research note on Wednesday.

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.