1 day Ago By Defense World Staff
Norges Bank bought a new position in ePlus inc. (NASDAQ:PLUS – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,900 shares of the software maker’s stock, valued at approximately $288,000.
A number of other large investors have also made changes to their positions in the company. Smartleaf Asset Management LLC boosted its holdings in shares of ePlus by 91.1% in the fourth quarter.
Smartleaf Asset Management LLC now owns 342 shares of the software maker’s stock worth $25,000 after buying an additional 163 shares during the last quarter. Jones Financial Companies Lllp raised its position in ePlus by 256.8% in the fourth quarter.
Jones Financial Companies Lllp now owns 421 shares of the software maker’s stock worth $31,000 after acquiring an additional 303 shares during the period. National Bank of Canada FI bought a new position in ePlus in the third quarter worth approximately $76,000. Quent Capital LLC purchased a new position in shares of ePlus during the 4th quarter worth $94,000.
Finally, KBC Group NV grew its position in shares of ePlus by 48.9% during the 4th quarter. KBC Group NV now owns 1,380 shares of the software maker’s stock valued at $102,000 after acquiring an additional 453 shares during the period.
93.80% of the stock is currently owned by institutional investors. ePlus Trading Up 0.
7 %Shares of NASDAQ:PLUS opened at $58.23 on Friday. The stock has a 50 day moving average of $64.
57 and a 200 day moving average of $77.93. The company has a market cap of $1.
55 billion, a PE ratio of 14.85, a price-to-earnings-growth ratio of 1.83 and a beta of 1.
12. ePlus inc. has a 12-month low of $53.
83 and a 12-month high of $106.98. The company has a current ratio of 1.
83, a quick ratio of 1.69 and a debt-to-equity ratio of 0.01.
ePlus (NASDAQ:PLUS – Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The software maker reported $0.91 earnings per share for the quarter, missing analysts’ consensus estimates of $1.
28 by ($0.37). ePlus had a return on equity of 11.
23% and a net margin of 4.93%. As a group, equities research analysts expect that ePlus inc.
will post 3.78 EPS for the current year. Wall Street Analyst Weigh InSeparately, StockNews.
com raised ePlus from a “hold” rating to a “buy” rating in a report on Tuesday, April 8th.Get Our Latest Stock Analysis on PLUSePlus Profile (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.Read MoreFive stocks we like better than ePlus3 Stocks to Consider Buying in OctoberRobinhood Strategies Could Be a Game-Changer for Young InvestorsHow to Use the MarketBeat Stock Screener Are These 3 Retail Stocks Oversold or Really in Trouble?Insider Selling Explained: Can it Inform Your Investing Choices?IONQ & RGTI Join DARPA Quantum Initiative: High Stakes Are AheadWant to see what other hedge funds are holding PLUS? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for ePlus inc. (NASDAQ:PLUS – Free Report)..
