SG Americas Securities LLC Lowers Holdings in Ennis, Inc. (NYSE:EBF)

SG Americas Securities LLC trimmed its position in Ennis, Inc. (NYSE:EBFGet Rating) by 7.0% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 30,740 shares of the industrial products company’s stock after selling 2,298 shares during the period. SG Americas Securities LLC’s holdings in Ennis were worth $619,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Geneos Wealth Management Inc. boosted its position in shares of Ennis by 276.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,505 shares of the industrial products company’s stock worth $27,000 after purchasing an additional 1,105 shares in the last quarter. New York State Teachers Retirement System purchased a new stake in shares of Ennis during the 2nd quarter worth $47,000. US Bancorp DE boosted its position in shares of Ennis by 84.5% during the 2nd quarter. US Bancorp DE now owns 2,507 shares of the industrial products company’s stock worth $51,000 after purchasing an additional 1,148 shares in the last quarter. Great West Life Assurance Co. Can boosted its position in shares of Ennis by 36.6% during the 1st quarter. Great West Life Assurance Co. Can now owns 2,940 shares of the industrial products company’s stock worth $57,000 after purchasing an additional 787 shares in the last quarter. Finally, Amalgamated Bank purchased a new stake in shares of Ennis during the 1st quarter worth $57,000. 72.86% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Ennis Stock Down 1.0 %

NYSE:EBF opened at $20.73 on Monday. The company has a market capitalization of $535.58 million, a PE ratio of 12.80 and a beta of 0.49. Ennis, Inc. has a 52-week low of $16.55 and a 52-week high of $23.48. The stock has a fifty day simple moving average of $22.42 and a 200-day simple moving average of $21.69.

Ennis (NYSE:EBFGet Rating) last released its quarterly earnings results on Monday, December 19th. The industrial products company reported $0.44 earnings per share (EPS) for the quarter. The business had revenue of $110.25 million during the quarter. Ennis had a return on equity of 13.47% and a net margin of 9.74%.

Ennis Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 2nd. Stockholders of record on Thursday, January 5th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 4.82%. The ex-dividend date of this dividend is Wednesday, January 4th. Ennis’s dividend payout ratio (DPR) is presently 61.73%.

Ennis Company Profile

(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, 360ยบ 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.

Further Reading

Want to see what other hedge funds are holding EBF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ennis, Inc. (NYSE:EBFGet Rating).

Institutional Ownership by Quarter for Ennis (NYSE:EBF)

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