107,577 Shares in Ennis, Inc. (NYSE:EBF) Bought by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Ennis, Inc. (NYSE:EBF - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 107,577 shares of the industrial products company's stock, valued at approximately $2,269,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.41% of Ennis at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Mackenzie Financial Corp lifted its stake in Ennis by 37.2% during the fourth quarter. Mackenzie Financial Corp now owns 16,856 shares of the industrial products company's stock worth $355,000 after purchasing an additional 4,571 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Ennis by 70.3% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 48,958 shares of the industrial products company's stock worth $1,033,000 after acquiring an additional 20,207 shares during the last quarter. Millennium Management LLC boosted its stake in shares of Ennis by 423.0% in the 4th quarter. Millennium Management LLC now owns 48,554 shares of the industrial products company's stock valued at $1,024,000 after purchasing an additional 39,270 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Ennis by 5.4% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 629,143 shares of the industrial products company's stock valued at $13,269,000 after purchasing an additional 31,985 shares during the last quarter. Finally, Lazard Asset Management LLC grew its holdings in shares of Ennis by 31.6% during the 4th quarter. Lazard Asset Management LLC now owns 14,448 shares of the industrial products company's stock valued at $304,000 after purchasing an additional 3,470 shares during the last quarter. 74.33% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Director Michael J. Schaefer sold 5,253 shares of the business's stock in a transaction dated Monday, April 28th. The stock was sold at an average price of $18.09, for a total transaction of $95,026.77. Following the transaction, the director now owns 44,734 shares in the company, valued at $809,238.06. The trade was a 10.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Over the last ninety days, insiders sold 19,873 shares of company stock valued at $357,330. Insiders own 3.50% of the company's stock.

Ennis Stock Down 0.8%

Shares of NYSE EBF traded down $0.15 during midday trading on Wednesday, reaching $18.50. The company had a trading volume of 126,855 shares, compared to its average volume of 155,543. The stock has a market cap of $481.98 million, a PE ratio of 11.64 and a beta of 0.46. Ennis, Inc. has a one year low of $17.15 and a one year high of $25.75. The firm's fifty day moving average price is $18.87 and its 200-day moving average price is $20.20.

Ennis (NYSE:EBF - Get Free Report) last announced its quarterly earnings results on Monday, April 21st. The industrial products company reported $0.35 EPS for the quarter, missing analysts' consensus estimates of $0.37 by ($0.02). The company had revenue of $92.70 million during the quarter, compared to analysts' expectations of $95.60 million. Ennis had a return on equity of 12.16% and a net margin of 10.35%.

Ennis Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, May 5th. Shareholders of record on Monday, April 14th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.41%. The ex-dividend date was Monday, April 14th. Ennis's payout ratio is 64.52%.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen lowered shares of Ennis from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, April 22nd.

Ennis Company 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.