Los Angeles Capital Management LLC Has $413,000 Stock Holdings in Ennis, Inc. (NYSE:EBF)

Los Angeles Capital Management LLC trimmed its stake in Ennis, Inc. (NYSE:EBF) by 18.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,577 shares of the industrial products company’s stock after selling 4,500 shares during the quarter. Los Angeles Capital Management LLC owned approximately 0.08% of Ennis worth $413,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Geode Capital Management LLC grew its stake in shares of Ennis by 5.4% in the third quarter. Geode Capital Management LLC now owns 706,924 shares of the industrial products company’s stock valued at $17,195,000 after buying an additional 36,187 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Ennis by 282.8% in the third quarter. JPMorgan Chase & Co. now owns 250,932 shares of the industrial products company’s stock valued at $6,103,000 after acquiring an additional 185,373 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Ennis by 61.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 28,751 shares of the industrial products company’s stock valued at $699,000 after acquiring an additional 10,995 shares during the last quarter. Nisa Investment Advisors LLC grew its position in shares of Ennis by 8,888.9% in the 4th quarter. Nisa Investment Advisors LLC now owns 4,045 shares of the industrial products company’s stock valued at $85,000 after acquiring an additional 4,000 shares during the period. Finally, Barclays PLC increased its stake in shares of Ennis by 35.7% during the 3rd quarter. Barclays PLC now owns 128,298 shares of the industrial products company’s stock worth $3,120,000 after purchasing an additional 33,748 shares during the last quarter. Institutional investors and hedge funds own 74.33% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Ennis from a “buy” rating to a “strong-buy” rating in a research note on Friday, February 21st.

Ennis Stock Up 0.7 %

EBF opened at $21.34 on Tuesday. Ennis, Inc. has a 12-month low of $18.88 and a 12-month high of $25.75. The business has a 50 day moving average of $20.81 and a 200-day moving average of $21.71. The stock has a market cap of $555.12 million, a price-to-earnings ratio of 13.42 and a beta of 0.41.

Ennis (NYSE:EBF) last announced its quarterly earnings results on Monday, December 23rd. The industrial products company reported $0.39 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.39. Ennis had a return on equity of 12.16% and a net margin of 10.35%.

Ennis Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, February 6th. Investors of record on Thursday, January 9th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 4.69%. The ex-dividend date of this dividend was Friday, January 10th. Ennis’s payout ratio is 62.89%.

Ennis 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.