Vista Finance LLC Takes Position in ePlus inc. (NASDAQ:PLUS)

Vista Finance LLC bought a new position in ePlus inc. (NASDAQ:PLUS) in the 4th quarter, HoldingsChannel.com reports. The firm bought 4,273 shares of the software maker’s stock, valued at approximately $316,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of PLUS. GAMMA Investing LLC boosted its position in shares of ePlus by 203.2% during the 3rd quarter. GAMMA Investing LLC now owns 376 shares of the software maker’s stock valued at $37,000 after acquiring an additional 252 shares in the last quarter. CWM LLC boosted its holdings in ePlus by 170.2% during the third quarter. CWM LLC now owns 1,602 shares of the software maker’s stock valued at $158,000 after purchasing an additional 1,009 shares in the last quarter. Creative Planning bought a new stake in shares of ePlus in the 3rd quarter valued at approximately $280,000. Inspire Advisors LLC acquired a new position in shares of ePlus in the 3rd quarter worth approximately $227,000. Finally, Legacy Financial Strategies LLC bought a new position in shares of ePlus during the 3rd quarter worth approximately $373,000. Institutional investors own 93.80% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com raised ePlus from a “hold” rating to a “buy” rating in a report on Friday.

ePlus Stock Performance

ePlus stock opened at $70.31 on Friday. The stock has a 50-day simple moving average of $76.26 and a 200 day simple moving average of $86.04. The stock has a market capitalization of $1.88 billion, a price-to-earnings ratio of 17.94, a P/E/G ratio of 1.65 and a beta of 1.10. The company has a quick ratio of 1.71, a current ratio of 1.83 and a debt-to-equity ratio of 0.01. ePlus inc. has a 12-month low of $67.09 and a 12-month high of $106.98.

ePlus (NASDAQ:PLUS) last released 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 net margin of 4.93% and a return on equity of 11.23%. On average, research analysts anticipate that ePlus inc. will post 4.26 earnings per share for the current fiscal year.

About ePlus

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.