Universal Beteiligungs und Servicegesellschaft mbH Decreases Stake in Ennis, Inc. $EBF

Universal Beteiligungs und Servicegesellschaft mbH reduced its position in Ennis, Inc. (NYSE:EBF) by 25.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 133,429 shares of the industrial products company’s stock after selling 44,534 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Ennis were worth $2,403,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EBF. Goldman Sachs Group Inc. boosted its position in Ennis by 34.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 363,680 shares of the industrial products company’s stock valued at $7,306,000 after buying an additional 92,266 shares during the last quarter. Empowered Funds LLC purchased a new position in Ennis in the 1st quarter valued at about $319,000. Cetera Investment Advisers boosted its position in Ennis by 4.6% in the 2nd quarter. Cetera Investment Advisers now owns 14,417 shares of the industrial products company’s stock valued at $262,000 after buying an additional 633 shares during the last quarter. Quantbot Technologies LP boosted its position in Ennis by 399.6% in the 2nd quarter. Quantbot Technologies LP now owns 4,971 shares of the industrial products company’s stock valued at $90,000 after buying an additional 3,976 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its position in Ennis by 18.6% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 68,511 shares of the industrial products company’s stock valued at $1,243,000 after buying an additional 10,744 shares during the last quarter. 74.33% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

EBF has been the subject of a number of analyst reports. Weiss Ratings raised shares of Ennis from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, April 13th. Wall Street Zen cut shares of Ennis from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Ennis has a consensus rating of “Buy”.

Ennis Stock Performance

Shares of Ennis stock opened at $21.12 on Friday. The firm has a market cap of $534.19 million, a PE ratio of 12.72 and a beta of 0.28. The firm’s 50-day simple moving average is $21.14 and its 200-day simple moving average is $19.22. Ennis, Inc. has a 1 year low of $16.30 and a 1 year high of $22.36.

Ennis (NYSE:EBF) last issued its earnings results on Monday, April 20th. The industrial products company reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.03). The company had revenue of $96.36 million during the quarter, compared to analyst estimates of $95.10 million. Ennis had a net margin of 10.86% and a return on equity of 14.03%.

Ennis Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, May 4th. Stockholders of record on Monday, April 13th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date is Monday, April 13th. Ennis’s dividend payout ratio is 60.24%.

Ennis Profile

Ennis, Inc (NYSE: EBF) is a provider of print and related products and services designed to meet the needs of businesses and organizations across a variety of industries. Headquartered in Dallas, Texas, Ennis offers business forms, checks, manuals, labels, promotional signage and specialty packaging. The company also delivers e-commerce and software solutions that enable customers to manage orders, customize print jobs and streamline supply-chain processes through its integrated online platform.

Ennis’s core product offerings include continuous business forms, laser checks and security-enhanced documents, as well as graphic communications materials such as brochures, catalogs and direct-mail collateral.