Quest Partners LLC Has $484,000 Position in Ennis, Inc. (NYSE:EBF)

Quest Partners LLC increased its stake in Ennis, Inc. (NYSE:EBF) by 61.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 22,106 shares of the industrial products company’s stock after acquiring an additional 8,395 shares during the quarter. Quest Partners LLC’s holdings in Ennis were worth $484,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in EBF. Unison Advisors LLC lifted its position in shares of Ennis by 1.3% in the 2nd quarter. Unison Advisors LLC now owns 38,019 shares of the industrial products company’s stock worth $832,000 after purchasing an additional 476 shares during the period. EMC Capital Management boosted its position in Ennis by 10.9% during the first quarter. EMC Capital Management now owns 9,848 shares of the industrial products company’s stock valued at $202,000 after acquiring an additional 971 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in Ennis by 0.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 339,928 shares of the industrial products company’s stock worth $7,441,000 after acquiring an additional 1,254 shares during the period. GPS Wealth Strategies Group LLC lifted its stake in shares of Ennis by 40.5% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 5,924 shares of the industrial products company’s stock valued at $130,000 after purchasing an additional 1,707 shares during the period. Finally, Commonwealth Equity Services LLC boosted its position in shares of Ennis by 6.9% during the 1st quarter. Commonwealth Equity Services LLC now owns 27,579 shares of the industrial products company’s stock valued at $566,000 after purchasing an additional 1,792 shares in the last quarter. 74.33% of the stock is currently owned by institutional investors.

Ennis Stock Up 1.3 %

Shares of NYSE EBF opened at $23.07 on Friday. The firm has a market cap of $599.36 million, a PE ratio of 14.42 and a beta of 0.40. The company’s fifty day simple moving average is $22.98 and its 200 day simple moving average is $21.36. Ennis, Inc. has a 12-month low of $18.88 and a 12-month high of $24.37.

Ennis (NYSE:EBF) last issued its earnings results on Monday, June 17th. The industrial products company reported $0.41 EPS for the quarter. Ennis had a return on equity of 11.94% and a net margin of 10.11%. The company had revenue of $103.11 million during the quarter.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Ennis from a “buy” rating to a “strong-buy” rating in a report on Thursday, June 27th.

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.