GSA Capital Partners LLP Purchases 9,980 Shares of Ennis, Inc. (EBF)

GSA Capital Partners LLP raised its position in Ennis, Inc. (NYSE:EBF) by 67.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,809 shares of the industrial products company’s stock after purchasing an additional 9,980 shares during the quarter. GSA Capital Partners LLP owned approximately 0.09% of Ennis worth $478,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Wells Fargo & Company MN grew its stake in Ennis by 1.5% in the third quarter. Wells Fargo & Company MN now owns 2,336,078 shares of the industrial products company’s stock valued at $47,774,000 after purchasing an additional 34,029 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Ennis by 1.5% in the third quarter. Dimensional Fund Advisors LP now owns 2,158,406 shares of the industrial products company’s stock worth $44,139,000 after buying an additional 31,431 shares during the last quarter. BlackRock Inc. lifted its position in shares of Ennis by 14.5% in the fourth quarter. BlackRock Inc. now owns 2,140,100 shares of the industrial products company’s stock worth $41,197,000 after buying an additional 270,364 shares during the last quarter. Vanguard Group Inc lifted its position in shares of Ennis by 1.6% in the third quarter. Vanguard Group Inc now owns 1,685,966 shares of the industrial products company’s stock worth $34,478,000 after buying an additional 27,350 shares during the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of Ennis by 1.6% in the third quarter. Vanguard Group Inc. now owns 1,685,966 shares of the industrial products company’s stock worth $34,478,000 after buying an additional 27,350 shares during the last quarter. Hedge funds and other institutional investors own 82.69% of the company’s stock.

Separately, Zacks Investment Research raised Ennis from a “hold” rating to a “strong-buy” rating and set a $21.00 price target for the company in a research report on Tuesday, December 25th.

Shares of NYSE:EBF opened at $21.55 on Friday. Ennis, Inc. has a fifty-two week low of $17.35 and a fifty-two week high of $22.98. The stock has a market capitalization of $560.37 million, a price-to-earnings ratio of 16.71 and a beta of 0.48. The company has a quick ratio of 4.07, a current ratio of 5.32 and a debt-to-equity ratio of 0.10.

Ennis (NYSE:EBF) last announced its quarterly earnings results on Friday, December 21st. The industrial products company reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.04. Ennis had a return on equity of 13.58% and a net margin of 9.70%. The company had revenue of $108.07 million during the quarter. As a group, analysts predict that Ennis, Inc. will post 1.47 EPS for the current fiscal year.

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Ennis Profile

Ennis, Inc designs, 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, Specialized Printed Forms, 360 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, Curtis Business Forms, Falcon Business Forms, Forms Manufacturers, Mutual Graphics, TRI-C Business Forms, Major Business Systems, Independent Printing, Hoosier Data Forms, and Hayes Graphics brand names.

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Institutional Ownership by Quarter for Ennis (NYSE:EBF)

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