Allianz Asset Management GmbH boosted its holdings in Ennis, Inc. (NYSE:EBF) by 3.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 930,660 shares of the industrial products company’s stock after acquiring an additional 28,691 shares during the period. Allianz Asset Management GmbH owned 3.54% of Ennis worth $19,032,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also bought and sold shares of the company. Wells Fargo & Company MN lifted its position in shares of Ennis by 2.8% during the 2nd quarter. Wells Fargo & Company MN now owns 2,302,049 shares of the industrial products company’s stock worth $46,847,000 after purchasing an additional 62,391 shares during the last quarter. First Trust Advisors LP lifted its position in shares of Ennis by 18.3% during the 2nd quarter. First Trust Advisors LP now owns 28,886 shares of the industrial products company’s stock worth $588,000 after purchasing an additional 4,472 shares during the last quarter. Engineers Gate Manager LP purchased a new stake in shares of Ennis during the 2nd quarter worth $219,000. Bank of New York Mellon Corp lifted its position in shares of Ennis by 1.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 305,032 shares of the industrial products company’s stock worth $6,208,000 after purchasing an additional 5,321 shares during the last quarter. Finally, Strs Ohio lifted its position in shares of Ennis by 9.9% during the 2nd quarter. Strs Ohio now owns 40,900 shares of the industrial products company’s stock worth $832,000 after purchasing an additional 3,700 shares during the last quarter. Institutional investors and hedge funds own 80.64% of the company’s stock.
Ennis stock opened at $18.47 on Friday. The firm has a market cap of $504.32 million, a PE ratio of 14.32 and a beta of 0.68. Ennis, Inc. has a 12-month low of $17.65 and a 12-month high of $22.98. The company has a debt-to-equity ratio of 0.10, a current ratio of 4.99 and a quick ratio of 3.90.
Ennis (NYSE:EBF) last released its quarterly earnings data on Tuesday, September 25th. The industrial products company reported $0.37 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.35 by $0.02. The business had revenue of $98.59 million during the quarter. Ennis had a net margin of 9.50% and a return on equity of 13.13%. As a group, sell-side analysts forecast that Ennis, Inc. will post 1.4 earnings per share for the current year.
Separately, Zacks Investment Research cut shares of Ennis from a “strong-buy” rating to a “hold” rating in a research report on Tuesday.
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Ennis Company 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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