2 weeks Ago By Defense World Staff
Russell Investments Group Ltd. reduced its position in ePlus inc. (NASDAQ:PLUS – Free Report) by 12.
0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,169 shares of the software maker’s stock after selling 2,613 shares during the quarter. Russell Investments Group Ltd.
owned approximately 0.07% of ePlus worth $1,416,000 at the end of the most recent quarter. Several other institutional investors and hedge funds have also recently bought and sold shares of PLUS.
Smartleaf Asset Management LLC grew its position in shares of ePlus by 91.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 342 shares of the software maker’s stock valued at $25,000 after buying an additional 163 shares during the last quarter.
Jones Financial Companies Lllp boosted its stake in ePlus by 256.8% in the fourth quarter. Jones Financial Companies Lllp now owns 421 shares of the software maker’s stock valued at $31,000 after acquiring an additional 303 shares during the period.
Meeder Asset Management Inc. bought a new position in shares of ePlus during the fourth quarter valued at approximately $61,000. Huntington National Bank raised its position in shares of ePlus by 35.
8% during the 4th quarter. Huntington National Bank now owns 1,168 shares of the software maker’s stock worth $86,000 after purchasing an additional 308 shares during the period. Finally, Quent Capital LLC acquired a new stake in shares of ePlus during the 4th quarter worth approximately $94,000.
Institutional investors and hedge funds own 93.80% of the company’s stock. ePlus Stock Up 1.
5 %PLUS stock opened at $59.08 on Monday. The stock has a market cap of $1.
57 billion, a PE ratio of 15.07, a price-to-earnings-growth ratio of 1.83 and a beta of 1.
12. The firm’s 50-day simple moving average is $63.21 and its 200 day simple moving average is $76.
46. ePlus inc. has a fifty-two week low of $53.
83 and a fifty-two week high of $106.98. The company has a quick ratio of 1.
69, a current ratio of 1.83 and a debt-to-equity ratio of 0.01.
ePlus (NASDAQ:PLUS – Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The software maker reported $0.91 EPS for the quarter, missing the consensus estimate of $1.
28 by ($0.37). ePlus had a net margin of 4.
93% and a return on equity of 11.23%. As a group, sell-side analysts predict that ePlus inc.
will post 3.78 EPS for the current year. Wall Street Analyst Weigh InSeparately, StockNews.
com upgraded ePlus from a “hold” rating to a “buy” rating in a research note on Friday.Read Our Latest Analysis on PLUSAbout ePlus (Free Report)ePlus inc., together with its subsidiaries, provides information technology (IT) solutions that enable organizations to optimize their IT environment and supply chain processes in the United States and internationally.
It operates through two segments, Technology and Financing. The Technology segment offers hardware, perpetual and subscription software, maintenance, software assurance, and internally provided and outsourced services; managed services or infrastructure and cloud; and enhanced maintenance support, service desk, storage-as-a-service, cloud hosted and managed, and managed security services; and professional, staff augmentation, cloud consulting, consulting, and security services.Featured StoriesFive stocks we like better than ePlusHow to Most Effectively Use the MarketBeat Earnings ScreenerWith a 60%+ Upside, There’s Plenty to Love About Lovesac3 Monster Growth Stocks to Buy NowJ.
B. Hunt Transport Overcorrects Into a Buying OpportunityUsing the MarketBeat Stock Split CalculatorAppLovin: Can Record Profits Overcome Market Skepticism?Want to see what other hedge funds are holding PLUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ePlus inc.
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