ePlus inc. (NASDAQ:PLUS) Stock Holdings Lifted by Mariner LLC

Mariner LLC increased its position in shares of ePlus inc. (NASDAQ:PLUS) by 6.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,431 shares of the software maker’s stock after acquiring an additional 589 shares during the quarter. Mariner LLC’s holdings in ePlus were worth $697,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Rockefeller Capital Management L.P. acquired a new stake in ePlus during the 4th quarter valued at $15,590,000. Swedbank AB acquired a new position in ePlus during the fourth quarter valued at $11,082,000. American Century Companies Inc. lifted its stake in ePlus by 18.2% in the 4th quarter. American Century Companies Inc. now owns 790,332 shares of the software maker’s stock worth $58,390,000 after acquiring an additional 121,945 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in ePlus during the 4th quarter worth about $8,683,000. Finally, JPMorgan Chase & Co. grew its stake in ePlus by 126.6% during the 4th quarter. JPMorgan Chase & Co. now owns 124,251 shares of the software maker’s stock valued at $9,180,000 after acquiring an additional 69,410 shares in the last quarter. Hedge funds and other institutional investors own 93.80% of the company’s stock.

ePlus Price Performance

NASDAQ PLUS opened at $62.88 on Wednesday. The company has a 50 day moving average price of $62.06 and a two-hundred day moving average price of $74.81. ePlus inc. has a 12-month low of $53.83 and a 12-month high of $106.98. The stock has a market capitalization of $1.67 billion, a PE ratio of 16.04, a price-to-earnings-growth ratio of 1.83 and a beta of 1.12. 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) last posted its 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%. As a group, equities analysts predict that ePlus inc. will post 3.78 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, StockNews.com raised shares of ePlus from a “hold” rating to a “buy” rating in a research note on Friday, April 18th.

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.