Universal Beteiligungs und Servicegesellschaft mbH Acquires New Position in Ennis, Inc. (NYSE:EBF)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Ennis, Inc. (NYSE:EBF - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. 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 reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of EBF. Barclays PLC lifted its stake in shares of Ennis by 35.7% during the third 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 in the last quarter. SG Americas Securities LLC lifted its stake in shares of Ennis by 46.0% during the fourth quarter. SG Americas Securities LLC now owns 6,194 shares of the industrial products company's stock worth $131,000 after purchasing an additional 1,951 shares in the last quarter. GPS Wealth Strategies Group LLC lifted its stake in shares of Ennis by 10.3% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 7,099 shares of the industrial products company's stock worth $150,000 after purchasing an additional 663 shares in the last quarter. Polaris Capital Management LLC lifted its stake in shares of Ennis by 16.0% in the fourth quarter. Polaris Capital Management LLC now owns 95,500 shares of the industrial products company's stock worth $2,014,000 after acquiring an additional 13,200 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its stake in shares of Ennis by 3.2% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 1,617,581 shares of the industrial products company's stock worth $33,888,000 after acquiring an additional 50,792 shares in the last quarter. Institutional investors and hedge funds own 74.33% of the company's stock.

Ennis Stock Performance

Shares of NYSE:EBF traded up $0.00 during trading on Friday, hitting $18.53. The company's stock had a trading volume of 93,626 shares, compared to its average volume of 156,272. Ennis, Inc. has a fifty-two week low of $17.15 and a fifty-two week high of $25.75. The stock's 50-day moving average price is $18.80 and its two-hundred day moving average price is $20.17. The company has a market capitalization of $482.87 million, a PE ratio of 11.66 and a beta of 0.46.

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

Ennis Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, May 5th. Investors of record on Monday, April 14th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 5.40%. The ex-dividend date was Monday, April 14th. Ennis's dividend payout ratio (DPR) is 64.52%.

Wall Street Analyst Weigh In

Separately, Wall Street Zen cut Ennis from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, April 22nd.

Insider Buying and Selling

In related news, Director Michael J. Schaefer sold 2,000 shares of the business's stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $17.86, for a total value of $35,720.00. Following the completion of the sale, the director now directly owns 30,747 shares of the company's stock, valued at $549,141.42. The trade was a 6.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Over the last 90 days, insiders have sold 19,873 shares of company stock worth $357,330. 3.50% of the stock is currently owned by corporate insiders.

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.