MetLife Investment Advisors LLC bought a new stake in Ennis (NYSE:EBF) in the fourth quarter, Holdings Channel reports. The fund bought 14,123 shares of the industrial products company’s stock, valued at approximately $293,000.
Other hedge funds also recently modified their holdings of the company. C M Bidwell & Associates Ltd. acquired a new position in Ennis in the fourth quarter valued at approximately $104,000. Raymond James & Associates acquired a new position in Ennis in the fourth quarter valued at approximately $205,000. Investors Research Corp acquired a new position in Ennis in the fourth quarter valued at approximately $224,000. FineMark National Bank & Trust acquired a new position in Ennis in the fourth quarter valued at approximately $308,000. Finally, First Trust Advisors LP boosted its stake in Ennis by 13.3% in the fourth quarter. First Trust Advisors LP now owns 22,752 shares of the industrial products company’s stock valued at $472,000 after acquiring an additional 2,673 shares during the period. Institutional investors own 83.37% of the company’s stock.
Shares of NYSE EBF opened at $18.20 on Friday. The company has a debt-to-equity ratio of 0.12, a current ratio of 6.02 and a quick ratio of 4.99. The company has a market cap of $470.21, a PE ratio of 14.23 and a beta of 0.71. Ennis has a 12-month low of $15.90 and a 12-month high of $21.50.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 7th. Stockholders of record on Monday, April 16th will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Friday, April 13th. This represents a $0.80 annualized dividend and a dividend yield of 4.40%.
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, 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, Hoosier Data Forms, Hayes Graphics, and Independent Printing brand names.
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