Royce & Associates LP Acquires 411,949 Shares of Ennis, Inc. (EBF)

Royce & Associates LP boosted its holdings in shares of Ennis, Inc. (NYSE:EBF) by 146.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 692,696 shares of the industrial products company’s stock after buying an additional 411,949 shares during the period. Royce & Associates LP owned about 2.71% of Ennis worth $13,611,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of EBF. Essex Investment Management Co. LLC acquired a new stake in Ennis during the third quarter worth $1,600,000. Goldman Sachs Group Inc. boosted its stake in Ennis by 30.1% during the second quarter. Goldman Sachs Group Inc. now owns 322,589 shares of the industrial products company’s stock worth $6,162,000 after buying an additional 74,729 shares in the last quarter. AJO LP acquired a new stake in Ennis during the second quarter worth $1,426,000. Shell Asset Management Co. acquired a new stake in Ennis during the third quarter worth $924,000. Finally, Vanguard Group Inc. boosted its stake in Ennis by 3.8% during the second quarter. Vanguard Group Inc. now owns 1,650,087 shares of the industrial products company’s stock worth $31,517,000 after buying an additional 60,719 shares in the last quarter. Hedge funds and other institutional investors own 83.31% of the company’s stock.

Shares of Ennis, Inc. (EBF) opened at $19.60 on Tuesday. Ennis, Inc. has a 52 week low of $15.20 and a 52 week high of $21.50. The company has a quick ratio of 4.78, a current ratio of 5.89 and a debt-to-equity ratio of 0.12. The company has a market cap of $503.83, a price-to-earnings ratio of 16.42 and a beta of 0.73.

Ennis (NYSE:EBF) last issued its earnings results on Monday, September 25th. The industrial products company reported $0.34 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.30 by $0.04. Ennis had a net margin of 7.73% and a return on equity of 12.13%. The company had revenue of $94.89 million for the quarter.

Separately, BidaskClub upgraded shares of Ennis from a “sell” rating to a “hold” rating in a research note on Tuesday, August 22nd.

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Ennis Profile

Ennis, Inc and its subsidiaries are engaged in the production and sale of printed business products, business forms and other business products. The Company operates through Print segment, which is engaged in printing, manufacturing and selling a range of business forms and other business products to distributors located throughout the United States primarily through independent dealers.

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Institutional Ownership by Quarter for Ennis (NYSE:EBF)

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