GPS Wealth Strategies Group LLC Has $130,000 Stock Holdings in Ennis, Inc. (NYSE:EBF)

GPS Wealth Strategies Group LLC raised its stake in shares of Ennis, Inc. (NYSE:EBF) by 40.5% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 5,924 shares of the industrial products company’s stock after purchasing an additional 1,707 shares during the period. GPS Wealth Strategies Group LLC’s holdings in Ennis were worth $130,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Mather Group LLC. bought a new stake in Ennis in the second quarter worth about $72,000. CWM LLC grew its holdings in Ennis by 97.0% during the second quarter. CWM LLC now owns 3,849 shares of the industrial products company’s stock valued at $84,000 after purchasing an additional 1,895 shares during the period. Lazard Asset Management LLC increased its stake in shares of 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 purchasing an additional 2,764 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Ennis by 101.7% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,343 shares of the industrial products company’s stock valued at $139,000 after acquiring an additional 3,199 shares during the period. Finally, Diversified Trust Co purchased a new stake in shares of Ennis during the second quarter worth $213,000. 74.33% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Ennis Stock Up 0.4 %

Shares of NYSE EBF traded up $0.09 during midday trading on Wednesday, hitting $22.62. The stock had a trading volume of 72,755 shares, compared to its average volume of 107,757. The company has a market cap of $587.76 million, a P/E ratio of 14.08 and a beta of 0.40. The business’s 50 day moving average is $22.28 and its 200-day moving average is $20.93. Ennis, Inc. has a 52 week low of $18.88 and a 52 week high of $24.37.

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

Ennis Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 5th. Stockholders of record on Friday, July 5th were issued a dividend of $0.25 per share. The ex-dividend date was Friday, July 5th. This represents a $1.00 annualized dividend and a dividend yield of 4.42%. Ennis’s dividend payout ratio (DPR) is 62.50%.

Ennis Company 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.