Dimensional Fund Advisors LP Has $42.65 Million Holdings in Ennis, Inc. (EBF)

Dimensional Fund Advisors LP increased its stake in shares of Ennis, Inc. (NYSE:EBF) by 2.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,215,547 shares of the industrial products company’s stock after acquiring an additional 57,141 shares during the quarter. Dimensional Fund Advisors LP owned about 8.48% of Ennis worth $42,650,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the stock. Bank of New York Mellon Corp raised its stake in Ennis by 1.8% in the second quarter. Bank of New York Mellon Corp now owns 305,032 shares of the industrial products company’s stock worth $6,208,000 after buying an additional 5,321 shares in the last quarter. First Trust Advisors LP raised its stake in Ennis by 38.2% in the third quarter. First Trust Advisors LP now owns 39,925 shares of the industrial products company’s stock worth $816,000 after buying an additional 11,039 shares in the last quarter. Russell Investments Group Ltd. bought a new position in Ennis in the third quarter worth approximately $190,000. JPMorgan Chase & Co. raised its stake in Ennis by 12.0% in the third quarter. JPMorgan Chase & Co. now owns 523,976 shares of the industrial products company’s stock worth $10,715,000 after buying an additional 55,981 shares in the last quarter. Finally, BlackRock Inc. raised its stake in Ennis by 0.9% in the third quarter. BlackRock Inc. now owns 1,869,736 shares of the industrial products company’s stock worth $38,238,000 after buying an additional 16,958 shares in the last quarter. Hedge funds and other institutional investors own 82.74% of the company’s stock.

NYSE:EBF traded up $0.57 during trading hours on Friday, reaching $20.50. The company’s stock had a trading volume of 60,917 shares, compared to its average volume of 119,522. The company has a market capitalization of $528.67 million, a price-to-earnings ratio of 14.14 and a beta of 0.48. Ennis, Inc. has a 12 month low of $17.35 and a 12 month high of $22.98. The company has a quick ratio of 4.07, a current ratio of 5.32 and a debt-to-equity ratio of 0.10.

Ennis (NYSE:EBF) last released its quarterly earnings results on Monday, April 22nd. The industrial products company reported $0.32 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.34 by ($0.02). Ennis had a return on equity of 13.37% and a net margin of 9.34%. The firm had revenue of $100.70 million during the quarter. On average, sell-side analysts expect that Ennis, Inc. will post 1.36 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, May 6th. Shareholders of record on Monday, April 15th will be issued a $0.225 dividend. This represents a $0.90 annualized dividend and a yield of 4.39%. The ex-dividend date is Friday, April 12th. Ennis’s dividend payout ratio is currently 62.07%.

Separately, Zacks Investment Research downgraded shares of Ennis from a “hold” rating to a “sell” rating in a research note on Tuesday.

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About Ennis

Ennis, Inc designs, 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, Specialized Printed Forms, 360 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, Curtis Business Forms, Falcon Business Forms, Forms Manufacturers, Mutual Graphics, TRI-C Business Forms, Major Business Systems, Independent Printing, Hoosier Data Forms, and Hayes Graphics brand names.

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Institutional Ownership by Quarter for Ennis (NYSE:EBF)

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