Segall Bryant & Hamill LLC Buys Shares of 55,720 Ennis, Inc. (NYSE:EBF)

Segall Bryant & Hamill LLC purchased a new position in Ennis, Inc. (NYSE:EBF) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 55,720 shares of the industrial products company’s stock, valued at approximately $1,175,000. Segall Bryant & Hamill LLC owned approximately 0.21% of Ennis at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of EBF. Quantbot Technologies LP bought a new stake in Ennis during the 4th quarter worth approximately $65,000. FMR LLC increased its holdings in shares of Ennis by 34.6% in the third quarter. FMR LLC now owns 3,324 shares of the industrial products company’s stock worth $81,000 after purchasing an additional 855 shares during the period. Nisa Investment Advisors LLC raised its position in shares of Ennis by 8,888.9% in the fourth quarter. Nisa Investment Advisors LLC now owns 4,045 shares of the industrial products company’s stock worth $85,000 after buying an additional 4,000 shares in the last quarter. SG Americas Securities LLC boosted its stake in Ennis by 46.0% during the fourth quarter. SG Americas Securities LLC now owns 6,194 shares of the industrial products company’s stock valued at $131,000 after buying an additional 1,951 shares during the period. Finally, GPS Wealth Strategies Group LLC grew its position in Ennis by 10.3% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 7,099 shares of the industrial products company’s stock worth $150,000 after buying an additional 663 shares in the last quarter. 74.33% of the stock is currently owned by institutional investors.

Ennis Price Performance

Shares of Ennis stock opened at $20.14 on Friday. Ennis, Inc. has a 1 year low of $18.88 and a 1 year high of $25.75. The firm has a market cap of $523.77 million, a PE ratio of 12.66 and a beta of 0.40. The company has a 50 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 declared a quarterly dividend, which will be paid on Monday, May 5th. Shareholders of record on Monday, April 14th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 4.97%. The ex-dividend date is Monday, April 14th. Ennis’s dividend payout ratio (DPR) is currently 62.89%.

Analyst Ratings Changes

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

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.