Boston Partners reduced its position in shares of Ennis, Inc. (NYSE:EBF) by 2.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 111,209 shares of the industrial products company’s stock after selling 2,936 shares during the period. Boston Partners owned approximately 0.44% of Ennis worth $2,308,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. LSV Asset Management boosted its position in Ennis by 11.5% during the 4th quarter. LSV Asset Management now owns 1,222,763 shares of the industrial products company’s stock worth $25,372,000 after acquiring an additional 125,745 shares during the period. FineMark National Bank & Trust acquired a new stake in Ennis during the 4th quarter worth about $308,000. Bowling Portfolio Management LLC acquired a new stake in Ennis during the 4th quarter worth about $2,018,000. Schwab Charles Investment Management Inc. raised its stake in shares of Ennis by 8.0% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 239,255 shares of the industrial products company’s stock worth $4,965,000 after purchasing an additional 17,676 shares in the last quarter. Finally, GSA Capital Partners LLP purchased a new stake in shares of Ennis during the 3rd quarter worth about $482,000. 84.80% of the stock is currently owned by hedge funds and other institutional investors.
Ennis, Inc. (NYSE:EBF) traded down $0.10 on Thursday, hitting $20.25. The stock had a trading volume of 14,212 shares, compared to its average volume of 87,153. The company has a debt-to-equity ratio of 0.12, a current ratio of 6.02 and a quick ratio of 4.99. Ennis, Inc. has a 52 week low of $15.20 and a 52 week high of $21.50. The stock has a market cap of $499.44, a P/E ratio of 16.68 and a beta of 0.69.
Ennis (NYSE:EBF) last issued its quarterly earnings data on Friday, December 22nd. The industrial products company reported $0.33 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.26 by $0.07. The business had revenue of $93.61 million for the quarter. Ennis had a return on equity of 12.49% and a net margin of 8.31%.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 9th. Shareholders of record on Friday, January 12th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 3.95%. The ex-dividend date was Thursday, January 11th. Ennis’s dividend payout ratio is currently 65.57%.
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Ennis, Inc and its subsidiaries are engaged in the production and sale of printed business products, business forms and other business products. The Company operates through Print segment, which is engaged in printing, manufacturing and selling a range of business forms and other business products to distributors located throughout the United States primarily through independent dealers.
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