Thomson Horstmann Bryant Inc buys $14,545,805 stake in ePlus (PLUS)

ePlus (PLUS) : Thomson Horstmann Bryant Inc scooped up 8,453 additional shares in ePlus during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 20, 2016. The investment management firm now holds a total of 176,206 shares of ePlus which is valued at $14,545,805.ePlus makes up approximately 1.69% of Thomson Horstmann Bryant Inc’s portfolio.

ePlus opened for trading at $80.97 and hit $82.56 on the upside on Friday, eventually ending the session at $82.55, with a gain of 1.48% or 1.2 points. The heightened volatility saw the trading volume jump to 57,675 shares. Company has a market cap of $618 M.

Other Hedge Funds, Including , Boston Advisors reduced its stake in PLUS by selling 23,490 shares or 24.7% in the most recent quarter. The Hedge Fund company now holds 71,613 shares of PLUS which is valued at $5,911,653. ePlus makes up approx 0.14% of Boston Advisors’s portfolio.Reinhart Partners boosted its stake in PLUS in the latest quarter, The investment management firm added 11,090 additional shares and now holds a total of 36,070 shares of ePlus which is valued at $2,977,579. ePlus makes up approx 0.30% of Reinhart Partners’s portfolio.Palo Capital reduced its stake in PLUS by selling 2,414 shares or 16.38% in the most recent quarter. The Hedge Fund company now holds 12,326 shares of PLUS which is valued at $1,017,511. ePlus makes up approx 0.80% of Palo Capital’s portfolio. Acadian Asset Management sold out all of its stake in PLUS during the most recent quarter. The investment firm sold 107,036 shares of PLUS which is valued $8,717,012.Copper Rock Capital Partners boosted its stake in PLUS in the latest quarter, The investment management firm added 17,588 additional shares and now holds a total of 241,019 shares of ePlus which is valued at $18,669,332. ePlus makes up approx 1.64% of Copper Rock Capital Partners’s portfolio.

ePlus inc. is an integrator of technology solutions for information technology (IT) lifecycle management. The Company is engaged in selling leasing financing and managing information technology and other assets. The Company operates in two segments: technology and financing. The Company’s technology segment includes sales of information technology products third-party software third-party maintenance advanced professional and managed services and its software to commercial state and local governments and government contractors. The financing segment consists of the financing of IT equipment software and related services to commercial state and local governments and government contractors. The Company designs implements and provides an array of IT solutions from multiple IT vendors including Check Point Cisco Systems Dell EMC FireEye F5 Networks Hewlett-Packard Juniper McAfee NetApp Nimble Oracle Palo Alto Networks Pure Storage and VMware among others.

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