Teacher Retirement System of Texas Acquires 61,919 Shares of Ennis, Inc. (NYSE:EBF)

Teacher Retirement System of Texas increased its holdings in Ennis, Inc. (NYSE:EBF) by 49.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 188,310 shares of the industrial products company’s stock after purchasing an additional 61,919 shares during the period. Teacher Retirement System of Texas’ holdings in Ennis were worth $3,971,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of EBF. FMR LLC lifted its holdings in Ennis by 34.6% during the 3rd quarter. FMR LLC now owns 3,324 shares of the industrial products company’s stock worth $81,000 after buying an additional 855 shares during the period. Nisa Investment Advisors LLC lifted its stake in shares of Ennis by 8,888.9% in the fourth quarter. Nisa Investment Advisors LLC now owns 4,045 shares of the industrial products company’s stock worth $85,000 after acquiring an additional 4,000 shares during the period. SG Americas Securities LLC boosted its holdings in Ennis by 46.0% in the fourth quarter. SG Americas Securities LLC now owns 6,194 shares of the industrial products company’s stock valued at $131,000 after acquiring an additional 1,951 shares during the last quarter. GPS Wealth Strategies Group LLC increased its position in Ennis by 10.3% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 7,099 shares of the industrial products company’s stock valued at $150,000 after purchasing an additional 663 shares during the period. Finally, EMC Capital Management raised its holdings in Ennis by 355.3% during the 4th quarter. EMC Capital Management now owns 9,848 shares of the industrial products company’s stock worth $208,000 after purchasing an additional 7,685 shares during the last quarter. 74.33% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Ennis Trading Down 2.9 %

EBF stock opened at $19.64 on Tuesday. The firm has a market cap of $510.77 million, a PE ratio of 12.35 and a beta of 0.40. The stock has a 50-day moving average price of $20.86 and a 200-day moving average price of $21.47. Ennis, Inc. has a 1-year low of $18.88 and a 1-year high of $25.75.

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

Ennis Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 5th. Stockholders of record on Monday, April 14th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 5.09%. Ennis’s dividend payout ratio is currently 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.