211,014 Shares in ePlus inc. (NASDAQ:PLUS) Bought by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. purchased a new stake in ePlus inc. (NASDAQ:PLUS - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm purchased 211,014 shares of the software maker's stock, valued at approximately $15,590,000. Rockefeller Capital Management L.P. owned approximately 0.79% of ePlus as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. HighTower Advisors LLC acquired a new stake in ePlus in the third quarter valued at approximately $227,000. Versor Investments LP purchased a new stake in shares of ePlus during the 4th quarter valued at $318,000. KLP Kapitalforvaltning AS acquired a new stake in shares of ePlus in the 4th quarter worth $384,000. Principal Financial Group Inc. grew its stake in ePlus by 3.3% during the 4th quarter. Principal Financial Group Inc. now owns 137,452 shares of the software maker's stock worth $10,155,000 after buying an additional 4,425 shares during the last quarter. Finally, American Century Companies Inc. raised its position in shares of ePlus by 18.2% in the 4th quarter. American Century Companies Inc. now owns 790,332 shares of the software maker's stock valued at $58,390,000 after purchasing an additional 121,945 shares during the last quarter. Hedge funds and other institutional investors own 93.80% of the company's stock.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of ePlus from a "hold" rating to a "buy" rating in a research note on Friday.

ePlus Stock Performance

PLUS traded up $0.86 on Friday, reaching $59.08. 129,841 shares of the stock were exchanged, compared to its average volume of 234,835. The company's 50-day moving average price is $63.21 and its 200 day moving average price is $76.72. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.83 and a quick ratio of 1.69. The firm has a market capitalization of $1.57 billion, a PE ratio of 15.07, a PEG ratio of 1.83 and a beta of 1.12. ePlus inc. has a fifty-two week low of $53.83 and a fifty-two week high of $106.98.

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 (EPS) 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, sell-side analysts forecast that ePlus inc. will post 3.78 EPS for the current fiscal 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.