Segall Bryant & Hamill LLC Makes New Investment in Ennis, Inc. (NYSE:EBF)

Segall Bryant & Hamill LLC acquired a new stake in Ennis, Inc. (NYSE:EBF) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 55,720 shares of the industrial products company’s stock, valued at approximately $1,175,000.

Several other institutional investors and hedge funds also recently made changes to their positions in EBF. Geode Capital Management LLC boosted its position in Ennis by 5.4% during the third quarter. Geode Capital Management LLC now owns 706,924 shares of the industrial products company’s stock valued at $17,195,000 after buying an additional 36,187 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Ennis by 282.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 250,932 shares of the industrial products company’s stock valued at $6,103,000 after acquiring an additional 185,373 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Ennis by 61.9% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 28,751 shares of the industrial products company’s stock valued at $699,000 after acquiring an additional 10,995 shares during the period. Nisa Investment Advisors LLC grew its position in Ennis by 8,888.9% during the 4th quarter. Nisa Investment Advisors LLC now owns 4,045 shares of the industrial products company’s stock worth $85,000 after acquiring an additional 4,000 shares during the last quarter. Finally, New York State Common Retirement Fund increased its stake in Ennis by 143.1% in the 4th quarter. New York State Common Retirement Fund now owns 23,615 shares of the industrial products company’s stock worth $498,000 after purchasing an additional 13,900 shares during the period. Institutional investors own 74.33% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com raised Ennis from a “buy” rating to a “strong-buy” rating in a research note on Friday, February 21st.

Ennis Stock Down 1.4 %

Shares of EBF opened at $20.14 on Friday. The stock has a market capitalization of $523.77 million, a P/E ratio of 12.66 and a beta of 0.40. Ennis, Inc. has a twelve month low of $18.88 and a twelve month high of $25.75. The firm has a fifty day simple moving average of $20.79 and a two-hundred day simple moving average of $21.41.

Ennis Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, May 5th. Stockholders of record on Monday, April 14th will be issued a dividend of $0.25 per share. The ex-dividend date is Monday, April 14th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.97%. Ennis’s dividend payout ratio is currently 62.89%.

About Ennis

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.