ePlus inc. (NASDAQ:PLUS) Shares Bought by Bridge City Capital LLC

Bridge City Capital LLC lifted its position in shares of ePlus inc. (NASDAQ:PLUS) by 1.0% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 36,272 shares of the software maker’s stock after buying an additional 342 shares during the period. Bridge City Capital LLC’s holdings in ePlus were worth $2,680,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of PLUS. Smartleaf Asset Management LLC raised its holdings in ePlus by 91.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 342 shares of the software maker’s stock valued at $25,000 after acquiring an additional 163 shares during the last quarter. Cascade Investment Advisors Inc. increased its stake in ePlus by 1.7% in the fourth quarter. Cascade Investment Advisors Inc. now owns 16,004 shares of the software maker’s stock valued at $1,182,000 after purchasing an additional 275 shares during the last quarter. Jones Financial Companies Lllp increased 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 purchasing an additional 303 shares during the last quarter. Larson Financial Group LLC lifted its position in ePlus by 6,140.0% during the third quarter. Larson Financial Group LLC now owns 312 shares of the software maker’s stock worth $31,000 after buying an additional 307 shares during the period. Finally, Advisors Asset Management Inc. boosted its stake in ePlus by 43.9% in the 3rd quarter. Advisors Asset Management Inc. now owns 1,121 shares of the software maker’s stock worth $110,000 after buying an additional 342 shares during the last quarter. Institutional investors and hedge funds own 93.80% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of ePlus from a “buy” rating to a “hold” rating in a report on Wednesday.

ePlus Stock Up 0.5 %

Shares of NASDAQ PLUS opened at $64.15 on Friday. The stock has a market capitalization of $1.71 billion, a PE ratio of 16.36, a P/E/G ratio of 1.83 and a beta of 1.15. The company has a quick ratio of 1.69, a current ratio of 1.83 and a debt-to-equity ratio of 0.01. The firm has a fifty day moving average of $71.24 and a 200-day moving average of $81.74. ePlus inc. has a 52-week low of $61.75 and a 52-week high of $106.98.

ePlus (NASDAQ:PLUS) 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 return on equity of 11.23% and a net margin of 4.93%. On average, analysts anticipate that ePlus inc. will post 3.78 EPS for the current year.

ePlus Company Profile

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.