De Lisle Partners LLP Purchases New Shares in Ennis, Inc. (NYSE:EBF)

De Lisle Partners LLP purchased a new position in Ennis, Inc. (NYSE:EBF) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,277 shares of the industrial products company’s stock, valued at approximately $250,000.

A number of other institutional investors have also added to or reduced their stakes in EBF. Point72 Asset Management L.P. purchased a new position in Ennis during the second quarter valued at $33,000. Point72 Asia Singapore Pte. Ltd. bought a new position in Ennis in the 2nd quarter worth about $54,000. Mather Group LLC. purchased a new stake in Ennis during the 2nd quarter valued at about $72,000. FMR LLC increased its stake in Ennis by 34.6% during the 3rd quarter. FMR LLC now owns 3,324 shares of the industrial products company’s stock valued at $81,000 after purchasing an additional 855 shares in the last quarter. Finally, CWM LLC lifted its stake in shares of Ennis by 97.0% in the second quarter. CWM LLC now owns 3,849 shares of the industrial products company’s stock worth $84,000 after buying an additional 1,895 shares in the last quarter. Institutional investors own 74.33% of the company’s stock.

Ennis Price Performance

Shares of NYSE:EBF opened at $21.24 on Friday. Ennis, Inc. has a 1 year low of $18.88 and a 1 year high of $25.75. The company has a market cap of $552.32 million, a P/E ratio of 13.44 and a beta of 0.41. The stock’s fifty day moving average price is $21.96 and its 200-day moving average price is $22.18.

Ennis (NYSE:EBF) last issued its earnings results on Monday, September 23rd. The industrial products company reported $0.40 earnings per share for the quarter. The business had revenue of $99.04 million during the quarter. Ennis had a return on equity of 11.64% and a net margin of 10.15%.

Ennis Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 8th. Investors of record on Friday, October 11th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, October 11th. This represents a $1.00 dividend on an annualized basis and a yield of 4.71%. Ennis’s dividend payout ratio (DPR) is 63.29%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Ennis from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, October 29th.

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.