Zurcher Kantonalbank Zurich Cantonalbank Grows Position in Ennis, Inc. (NYSE:EBF)

Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Ennis, Inc. (NYSE:EBF) by 101.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,343 shares of the industrial products company’s stock after purchasing an additional 3,199 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Ennis were worth $139,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Swiss National Bank raised its stake in shares of Ennis by 2.0% during the 3rd quarter. Swiss National Bank now owns 56,900 shares of the industrial products company’s stock worth $1,207,000 after buying an additional 1,100 shares during the period. Allspring Global Investments Holdings LLC raised its stake in shares of Ennis by 0.4% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 1,604,039 shares of the industrial products company’s stock worth $35,144,000 after buying an additional 6,865 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of Ennis by 10.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 760,567 shares of the industrial products company’s stock worth $16,139,000 after buying an additional 70,755 shares during the period. Vanguard Group Inc. raised its stake in shares of Ennis by 0.7% during the 3rd quarter. Vanguard Group Inc. now owns 1,830,941 shares of the industrial products company’s stock worth $38,853,000 after buying an additional 13,258 shares during the period. Finally, EMC Capital Management raised its stake in shares of Ennis by 123.9% during the 3rd quarter. EMC Capital Management now owns 8,877 shares of the industrial products company’s stock worth $188,000 after buying an additional 4,912 shares during the period. Hedge funds and other institutional investors own 74.33% of the company’s stock.

Ennis Stock Performance

NYSE EBF opened at $20.59 on Thursday. The business has a fifty day moving average price of $19.97 and a 200 day moving average price of $20.73. Ennis, Inc. has a one year low of $18.88 and a one year high of $23.17. The company has a market cap of $532.87 million, a P/E ratio of 12.55 and a beta of 0.45.

Ennis (NYSE:EBF) last posted its quarterly earnings data on Monday, April 22nd. The industrial products company reported $0.39 EPS for the quarter. Ennis had a return on equity of 12.43% and a net margin of 10.14%. The firm had revenue of $97.43 million during the quarter.

Ennis Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, May 6th. Investors of record on Monday, April 15th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 4.86%. The ex-dividend date was Friday, April 12th. Ennis’s dividend payout ratio is currently 60.98%.

Analyst Ratings Changes

Separately, StockNews.com downgraded Ennis from a “strong-buy” rating to a “buy” rating in a research note on Friday, May 3rd.

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.