Creative Planning Has $1.39 Million Stock Position in Ennis, Inc. (NYSE:EBF)

Creative Planning boosted its stake in Ennis, Inc. (NYSE:EBF) by 84.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 57,093 shares of the industrial products company’s stock after purchasing an additional 26,207 shares during the quarter. Creative Planning’s holdings in Ennis were worth $1,389,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of EBF. Unison Advisors LLC increased its stake in shares of Ennis by 1.1% in the 3rd quarter. Unison Advisors LLC now owns 38,454 shares of the industrial products company’s stock valued at $935,000 after purchasing an additional 435 shares during the last quarter. CWM LLC grew its position in Ennis by 30.9% in the third quarter. CWM LLC now owns 5,039 shares of the industrial products company’s stock valued at $123,000 after acquiring an additional 1,190 shares during the last quarter. Lakewood Asset Management LLC acquired a new position in Ennis during the third quarter worth about $230,000. Diversified Trust Co lifted its holdings in shares of Ennis by 44.8% in the third quarter. Diversified Trust Co now owns 14,082 shares of the industrial products company’s stock worth $342,000 after acquiring an additional 4,354 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new stake in shares of Ennis in the 3rd quarter valued at approximately $103,000. Institutional investors own 74.33% of the company’s stock.

Analyst Upgrades and Downgrades

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

Ennis Stock Performance

Shares of EBF opened at $20.43 on Thursday. Ennis, Inc. has a 52 week low of $18.88 and a 52 week high of $25.75. The stock has a market capitalization of $530.85 million, a price-to-earnings ratio of 12.77 and a beta of 0.40. The stock has a fifty day moving average of $22.90 and a 200-day moving average of $21.99.

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

Ennis Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 8th. Investors of record on Friday, October 11th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, October 11th. This represents a $1.00 annualized dividend and a yield of 4.89%. Ennis’s dividend payout ratio is presently 62.50%.

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.