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Professional Analysts at Sidoti Upgraded ePlus (NASDAQ:PLUS) from “Neutral” to “Buy” Rating

Sidoti Analyst Rating Change ePlus NASDAQ:PLUS

ePlus (NASDAQ:PLUS) Upgrade

In a report published today, Sidoti raised shares of Eplus (NASDAQ:PLUS) to “Buy” rating from “Neutral” rating.

In spite of the rating upgrade NASDAQ:PLUS is at the moment trading -0.33% lower at $76.20 as of 12:04 PM New York time. ePlus shares have [From2] 0% over the last 200 days, while the Standard & Poor’s 500 index has increased 6.00% in the same time.

Institutional Ownership

Euclidean Technologies Management Llc had the most significant stake with ownership of 21,033 shares as of q2 2015 for 2.04% of the US long equity exposure. Thomson Horstmann & Bryant Inc is another notably bullish active investment manager who is possessing 125,059 shares of ePlus or 1.73% of their US long equity exposure. In addition, Camarda Financial Advisors Llc have 0.96% of their US long equity exposure invested in the company for 16,707 shares. The New York-based fund New Amsterdam Partners Llc Ny revealed it had purchased so far a stake worth about 0.94% of the active investment manager’s stock portfolio in ePlus. The California-based fund First Wilshire Securities Management Inc is also positive about the stock, possessing 43,380 shares or 0.79% of their US long equity exposure.

ePlus (NASDAQ:PLUS) Profile

ePlus inc. is a holding company. The Company is engaged in the business of selling, leasing, financing and managing information technology. It operates through two segments: technology and financing.

ePlus (NASDAQ:PLUS) traded down -0.33% on 9 February, hitting $76.2. A total of 47,796 shares of the company’s stock traded hands. This is down from average of 94,339 shares. ePlus has a 52 week low of $49.90 and a 52 week high of $97.75. The company has a market cap of $1.08B and a P/E ratio of 19.84.

Get the latest ePlus (NASDAQ:PLUS) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

The post Professional Analysts at Sidoti Upgraded ePlus (NASDAQ:PLUS) from “Neutral” to “Buy” Rating appeared first on Octafinance.



This post first appeared on Octafinance – Financial News, Reports And Intell, please read the originial post: here

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Professional Analysts at Sidoti Upgraded ePlus (NASDAQ:PLUS) from “Neutral” to “Buy” Rating

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