ePlus inc. (NASDAQ:PLUS) Holdings Trimmed by London Co. of Virginia

London Co. of Virginia decreased its position in shares of ePlus inc. (NASDAQ:PLUS - Free Report) by 1.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 301,764 shares of the software maker's stock after selling 4,496 shares during the quarter. London Co. of Virginia owned about 1.13% of ePlus worth $22,294,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Smartleaf Asset Management LLC lifted its position 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 purchasing an additional 163 shares during the last quarter. Jones Financial Companies Lllp boosted its position in shares of ePlus by 256.8% during the fourth quarter. Jones Financial Companies Lllp now owns 421 shares of the software maker's stock worth $31,000 after buying an additional 303 shares during the period. Quarry LP grew its holdings in ePlus by 1,000.0% in the 4th quarter. Quarry LP now owns 473 shares of the software maker's stock worth $35,000 after buying an additional 430 shares in the last quarter. Johnson Financial Group Inc. acquired a new stake in ePlus in the 4th quarter valued at approximately $60,000. Finally, Meeder Asset Management Inc. acquired a new stake in ePlus in the 4th quarter valued at approximately $61,000. Institutional investors own 93.80% of the company's stock.

ePlus Price Performance

PLUS stock traded up $0.83 during trading on Thursday, hitting $66.12. The company had a trading volume of 126,431 shares, compared to its average volume of 216,487. The business has a 50 day moving average of $61.90 and a 200 day moving average of $72.36. The firm has a market capitalization of $1.76 billion, a price-to-earnings ratio of 16.87, a P/E/G ratio of 1.83 and a beta of 1.12. 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 inc. has a fifty-two week low of $53.83 and a fifty-two week high of $106.98.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded ePlus from a "hold" rating to a "buy" rating in a research report on Friday, April 18th.

ePlus 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.