Jane Street Group LLC Purchases 14,227 Shares of ePlus inc. (NASDAQ:PLUS)

Jane Street Group LLC raised its holdings in ePlus inc. (NASDAQ:PLUS) by 62.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,915 shares of the software maker’s stock after buying an additional 14,227 shares during the quarter. Jane Street Group LLC owned 0.14% of ePlus worth $3,630,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Quest Partners LLC increased its stake in ePlus by 175.7% in the second quarter. Quest Partners LLC now owns 10,902 shares of the software maker’s stock valued at $803,000 after acquiring an additional 6,948 shares during the period. WCM Investment Management LLC grew its stake in shares of ePlus by 3.3% in the 3rd quarter. WCM Investment Management LLC now owns 479,731 shares of the software maker’s stock valued at $47,407,000 after purchasing an additional 15,294 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of ePlus by 1.8% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 60,467 shares of the software maker’s stock worth $5,946,000 after buying an additional 1,078 shares in the last quarter. Argent Capital Management LLC lifted its position in shares of ePlus by 60.9% during the 2nd quarter. Argent Capital Management LLC now owns 12,683 shares of the software maker’s stock worth $934,000 after buying an additional 4,802 shares during the period. Finally, Millennium Management LLC boosted its stake in ePlus by 4,036.0% in the 2nd quarter. Millennium Management LLC now owns 251,430 shares of the software maker’s stock valued at $18,525,000 after buying an additional 245,351 shares in the last quarter. Institutional investors and hedge funds own 93.80% of the company’s stock.

ePlus Stock Down 0.4 %

NASDAQ PLUS opened at $73.90 on Friday. The stock’s 50 day simple moving average is $87.52 and its 200 day simple moving average is $86.29. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.85 and a quick ratio of 1.71. ePlus inc. has a one year low of $56.33 and a one year high of $106.98. The firm has a market cap of $1.98 billion, a PE ratio of 18.34, a price-to-earnings-growth ratio of 1.82 and a beta of 1.08.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut ePlus from a “buy” rating to a “hold” rating in a report on Friday, November 15th.

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.