Diversified Trust Co Has $205,000 Position in Ennis, Inc. (NYSE:EBF)

Diversified Trust Co reduced its holdings in Ennis, Inc. (NYSE:EBF) by 30.9% during the 4th quarter, HoldingsChannel reports. The firm owned 9,728 shares of the industrial products company’s stock after selling 4,354 shares during the quarter. Diversified Trust Co’s holdings in Ennis were worth $205,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in EBF. Point72 Asset Management L.P. acquired a new stake in Ennis during the second quarter worth about $33,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Ennis during the second quarter valued at approximately $54,000. FMR LLC boosted its holdings in Ennis by 34.6% during the third quarter. FMR LLC now owns 3,324 shares of the industrial products company’s stock valued at $81,000 after purchasing an additional 855 shares in the last quarter. SG Americas Securities LLC acquired a new stake in Ennis during the third quarter valued at approximately $103,000. Finally, CWM LLC boosted its holdings in Ennis by 30.9% during the third quarter. CWM LLC now owns 5,039 shares of the industrial products company’s stock valued at $123,000 after purchasing an additional 1,190 shares in the last quarter. 74.33% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Ennis from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, December 11th.

Ennis Stock Performance

EBF opened at $20.22 on Monday. The company has a fifty day moving average price of $21.16 and a two-hundred day moving average price of $22.19. Ennis, Inc. has a 52 week low of $18.88 and a 52 week high of $25.75. The firm has a market capitalization of $525.72 million, a PE ratio of 12.80 and a beta of 0.41.

Ennis (NYSE:EBF) last released its earnings results on Monday, December 23rd. The industrial products company reported $0.39 EPS for the quarter, hitting analysts’ consensus estimates of $0.39. Ennis had a net margin of 10.15% and a return on equity of 11.64%.

Ennis Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 6th. Stockholders of record on Thursday, January 9th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 4.95%. The ex-dividend date is Friday, January 10th. Ennis’s dividend payout ratio (DPR) is 63.29%.

Ennis Profile

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.