ePlus inc. (PLUS) To Go Ex-Dividend on November 25th

ePlus inc. (NASDAQ:PLUS) declared a quarterly dividend on Thursday, November 6th, NASDAQ Dividends reports. Stockholders of record on Tuesday, November 25th will be given a dividend of 0.25 per share by the software maker on Wednesday, December 17th. This represents a c) annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Tuesday, November 25th.

ePlus Price Performance

PLUS opened at $91.51 on Friday. The business has a 50 day moving average price of $76.48 and a two-hundred day moving average price of $72.12. The company has a market capitalization of $2.42 billion, a price-to-earnings ratio of 20.52, a price-to-earnings-growth ratio of 2.18 and a beta of 1.14. ePlus has a 1-year low of $53.83 and a 1-year high of $92.66.

ePlus (NASDAQ:PLUS) last announced its quarterly earnings data on Thursday, November 6th. The software maker reported $1.53 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.58. The business had revenue of $608.83 million during the quarter, compared to analyst estimates of $518.30 million. ePlus had a return on equity of 11.03% and a net margin of 5.47%. Equities analysts expect that ePlus will post 3.78 EPS for the current fiscal year.

Institutional Trading of ePlus

Several large investors have recently added to or reduced their stakes in PLUS. CIBC Bancorp USA Inc. acquired a new stake in shares of ePlus in the third quarter worth $802,000. Jacobs Levy Equity Management Inc. lifted its stake in ePlus by 790.1% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 34,012 shares of the software maker’s stock worth $2,415,000 after acquiring an additional 30,191 shares in the last quarter. CANADA LIFE ASSURANCE Co boosted its position in ePlus by 2.6% during the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 29,699 shares of the software maker’s stock worth $2,109,000 after acquiring an additional 748 shares during the period. Verition Fund Management LLC grew its stake in ePlus by 143.7% during the 3rd quarter. Verition Fund Management LLC now owns 20,708 shares of the software maker’s stock valued at $1,470,000 after acquiring an additional 12,210 shares in the last quarter. Finally, Qube Research & Technologies Ltd increased its holdings in shares of ePlus by 79.8% in the 3rd quarter. Qube Research & Technologies Ltd now owns 33,023 shares of the software maker’s stock valued at $2,345,000 after purchasing an additional 14,660 shares during the period. 93.80% of the stock is owned by institutional investors and hedge funds.

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.