Chicago Equity Partners LLC increased its position in Ennis, Inc. (NYSE:EBF) by 21.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 131,457 shares of the industrial products company’s stock after buying an additional 23,483 shares during the quarter. Chicago Equity Partners LLC owned 0.52% of Ennis worth $2,583,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also recently added to or reduced their stakes in EBF. Old Mutual Global Investors UK Ltd. purchased a new position in Ennis in the 3rd quarter worth approximately $130,000. Cetera Investment Advisers purchased a new position in Ennis in the 2nd quarter worth approximately $205,000. Sei Investments Co. increased its stake in Ennis by 179.1% in the 2nd quarter. Sei Investments Co. now owns 10,850 shares of the industrial products company’s stock worth $207,000 after purchasing an additional 6,963 shares during the period. Virtu KCG Holdings LLC purchased a new position in Ennis in the 2nd quarter worth approximately $227,000. Finally, Voya Investment Management LLC increased its stake in Ennis by 13.3% in the 2nd quarter. Voya Investment Management LLC now owns 16,031 shares of the industrial products company’s stock worth $306,000 after purchasing an additional 1,879 shares during the period. Institutional investors own 85.74% of the company’s stock.
COPYRIGHT VIOLATION NOTICE: This piece was originally reported by Week Herald and is the property of of Week Herald. If you are reading this piece on another site, it was stolen and republished in violation of U.S. and international copyright & trademark laws. The original version of this piece can be read at https://weekherald.com/2017/11/21/chicago-equity-partners-llc-has-2-58-million-holdings-in-ennis-inc-ebf.html.
In related news, Director Kenneth G. Pritchett sold 2,916 shares of Ennis stock in a transaction that occurred on Tuesday, September 5th. The stock was sold at an average price of $18.86, for a total transaction of $54,995.76. Following the sale, the director now directly owns 60,964 shares in the company, valued at $1,149,781.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 4.04% of the company’s stock.
Separately, BidaskClub raised Ennis from a “sell” rating to a “hold” rating in a research note on Tuesday, August 22nd.
Ennis, Inc. (EBF) opened at $19.95 on Tuesday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 4.78 and a current ratio of 5.89. Ennis, Inc. has a 12 month low of $15.20 and a 12 month high of $21.05. The stock has a market capitalization of $501.27, a P/E ratio of 16.33 and a beta of 0.72.
Ennis (NYSE:EBF) last posted its earnings results on Monday, September 25th. The industrial products company reported $0.34 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.30 by $0.04. Ennis had a return on equity of 12.13% and a net margin of 7.73%. The firm had revenue of $94.89 million for the quarter.
The company also recently declared a quarterly dividend, which was paid on Friday, November 10th. Investors of record on Friday, October 13th were given a dividend of $0.20 per share. The ex-dividend date was Thursday, October 12th. This represents a $0.80 annualized dividend and a dividend yield of 4.01%. Ennis’s dividend payout ratio is presently 72.07%.
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.
Receive News & Ratings for Ennis Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ennis Inc. and related companies with MarketBeat.com's FREE daily email newsletter.