Sei Investments Co. Has $1.05 Million Holdings in Ennis, Inc. (NYSE:EBF)

Sei Investments Co. decreased its position in shares of Ennis, Inc. (NYSE:EBF) by 31.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 49,840 shares of the industrial products company’s stock after selling 22,385 shares during the quarter. Sei Investments Co.’s holdings in Ennis were worth $1,051,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. American Century Companies Inc. increased its stake in Ennis by 27.5% during the 4th quarter. American Century Companies Inc. now owns 617,207 shares of the industrial products company’s stock valued at $13,017,000 after purchasing an additional 133,036 shares in the last quarter. Quantbot Technologies LP acquired a new position in shares of Ennis during the fourth quarter valued at about $65,000. Teacher Retirement System of Texas increased its position in shares of Ennis by 49.0% during the fourth quarter. Teacher Retirement System of Texas now owns 188,310 shares of the industrial products company’s stock worth $3,971,000 after acquiring an additional 61,919 shares in the last quarter. Intech Investment Management LLC bought a new stake in shares of Ennis during the fourth quarter worth about $283,000. Finally, Royce & Associates LP raised its holdings in shares of Ennis by 0.4% in the 4th quarter. Royce & Associates LP now owns 1,485,200 shares of the industrial products company’s stock worth $31,323,000 after acquiring an additional 5,601 shares during the last quarter. 74.33% of the stock is owned by institutional investors and hedge funds.

Ennis Stock Down 2.0 %

Shares of NYSE:EBF opened at $19.01 on Tuesday. The business’s 50 day moving average is $20.67 and its 200 day moving average is $21.22. Ennis, Inc. has a 12-month low of $18.46 and a 12-month high of $25.75. The stock has a market cap of $494.38 million, a price-to-earnings ratio of 11.95 and a beta of 0.40.

Ennis Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 5th. Shareholders of record on Monday, April 14th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 5.26%. The ex-dividend date of this dividend is Monday, April 14th. Ennis’s dividend payout ratio is 62.89%.

Analyst Ratings Changes

Separately, StockNews.com upgraded Ennis from a “buy” rating to a “strong-buy” rating in a research note 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.