Schwab Charles Investment Management Inc. Has $4.36 Million Stake in Ennis, Inc. (EBF)

Schwab Charles Investment Management Inc. grew its stake in Ennis, Inc. (NYSE:EBF) by 7.8% in the 3rd quarter, HoldingsChannel reports. The fund owned 221,579 shares of the industrial products company’s stock after purchasing an additional 15,953 shares during the quarter. Schwab Charles Investment Management Inc.’s holdings in Ennis were worth $4,355,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Old Mutual Global Investors UK Ltd. bought a new position in shares of Ennis in the 3rd quarter valued at about $130,000. Stevens Capital Management LP bought a new position in shares of Ennis in the 3rd quarter valued at about $201,000. Cetera Investment Advisers bought a new position in shares of Ennis in the 2nd quarter valued at about $205,000. Virtu KCG Holdings LLC bought a new position in shares of Ennis in the 2nd quarter valued at about $227,000. Finally, Campbell & CO Investment Adviser LLC bought a new position in shares of Ennis in the 3rd quarter valued at about $293,000. Institutional investors own 83.26% of the company’s stock.

Ennis, Inc. (EBF) opened at $21.00 on Friday. Ennis, Inc. has a 1-year low of $15.20 and a 1-year high of $21.50. The company has a current ratio of 5.89, a quick ratio of 4.78 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $523.59, a PE ratio of 16.80 and a beta of 0.73.

Ennis (NYSE:EBF) last posted its quarterly earnings results on Friday, December 22nd. The industrial products company reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.26 by $0.07. Ennis had a return on equity of 12.57% and a net margin of 8.31%. The business had revenue of $93.61 million during the quarter.

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 9th. Investors of record on Friday, January 12th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 3.81%. The ex-dividend date is Thursday, January 11th. Ennis’s payout ratio is currently 64.00%.

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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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