Unison Advisors LLC Has $832,000 Stake in Ennis, Inc. (NYSE:EBF)

Unison Advisors LLC raised its holdings in Ennis, Inc. (NYSE:EBF) by 1.3% in the second quarter, Holdings Channel reports. The firm owned 38,019 shares of the industrial products company’s stock after purchasing an additional 476 shares during the period. Unison Advisors LLC’s holdings in Ennis were worth $832,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Mather Group LLC. purchased a new stake in Ennis in the second quarter worth $72,000. CWM LLC lifted its holdings in Ennis by 97.0% in the second quarter. CWM LLC now owns 3,849 shares of the industrial products company’s stock valued at $84,000 after acquiring an additional 1,895 shares during the period. Lazard Asset Management LLC increased its position in Ennis by 104.6% in the first quarter. Lazard Asset Management LLC now owns 5,407 shares of the industrial products company’s stock worth $110,000 after buying an additional 2,764 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Ennis by 101.7% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,343 shares of the industrial products company’s stock worth $139,000 after buying an additional 3,199 shares in the last quarter. Finally, EMC Capital Management grew its position in shares of Ennis by 10.9% during the first quarter. EMC Capital Management now owns 9,848 shares of the industrial products company’s stock worth $202,000 after purchasing an additional 971 shares in the last quarter. Institutional investors own 74.33% of the company’s stock.

Ennis Stock Performance

EBF traded up $0.09 during trading on Friday, hitting $22.68. 82,979 shares of the stock were exchanged, compared to its average volume of 108,518. The firm has a 50 day simple moving average of $22.22 and a 200 day simple moving average of $20.91. The firm has a market cap of $589.32 million, a price-to-earnings ratio of 14.18 and a beta of 0.40. Ennis, Inc. has a 1 year low of $18.88 and a 1 year high of $24.37.

Ennis (NYSE:EBF) last announced its earnings results on Monday, June 17th. The industrial products company reported $0.41 earnings per share for the quarter. Ennis had a return on equity of 11.94% and a net margin of 10.11%. The firm had revenue of $103.11 million for the quarter.

Ennis Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 5th. Investors of record on Friday, July 5th were issued a $0.25 dividend. The ex-dividend date of this dividend was Friday, July 5th. This represents a $1.00 dividend on an annualized basis and a yield of 4.41%. Ennis’s payout ratio is 62.50%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Ennis from a “buy” rating to a “strong-buy” rating in a report on Thursday, June 27th.

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.