State Board of Administration of Florida Retirement System Increases Stock Holdings in Ennis, Inc. (NYSE:EBF)

State Board of Administration of Florida Retirement System raised its stake in shares of Ennis, Inc. (NYSE:EBFGet Rating) by 5.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 20,807 shares of the industrial products company’s stock after purchasing an additional 1,016 shares during the quarter. State Board of Administration of Florida Retirement System’s holdings in Ennis were worth $421,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in EBF. Signaturefd LLC boosted its position in shares of Ennis by 155.0% during the first quarter. Signaturefd LLC now owns 1,418 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 862 shares in the last quarter. Geneos Wealth Management Inc. grew its position in shares of Ennis by 276.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,505 shares of the industrial products company’s stock worth $27,000 after buying an additional 1,105 shares during the period. New York State Teachers Retirement System bought a new position in shares of Ennis in the 2nd quarter worth about $47,000. US Bancorp DE lifted its position in Ennis by 84.5% during the 2nd quarter. US Bancorp DE now owns 2,507 shares of the industrial products company’s stock valued at $51,000 after acquiring an additional 1,148 shares during the period. Finally, Amalgamated Bank bought a new stake in Ennis during the first quarter worth about $57,000. 72.69% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of Ennis in a research note on Wednesday, October 12th. They set a “strong-buy” rating for the company.

Ennis Trading Up 1.0 %

Shares of NYSE:EBF opened at $22.79 on Monday. The stock has a fifty day simple moving average of $21.40 and a two-hundred day simple moving average of $20.35. Ennis, Inc. has a 12-month low of $16.55 and a 12-month high of $23.44. The stock has a market capitalization of $588.80 million, a price-to-earnings ratio of 15.50 and a beta of 0.49.

Ennis (NYSE:EBFGet Rating) last issued its quarterly earnings results on Monday, September 19th. The industrial products company reported $0.47 earnings per share for the quarter. The firm had revenue of $111.23 million during the quarter. Ennis had a return on equity of 12.43% and a net margin of 9.02%.

Ennis Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 4th. Stockholders of record on Friday, October 7th were paid a $0.25 dividend. The ex-dividend date of this dividend was Thursday, October 6th. This represents a $1.00 annualized dividend and a dividend yield of 4.39%. Ennis’s dividend payout ratio is presently 68.03%.

About Ennis

(Get Rating)

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, 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, Falcon Business Forms, 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, Ace Forms, and AmeriPrint brands.

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Institutional Ownership by Quarter for Ennis (NYSE:EBF)

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