Eam Investors Raised Its Eplus (PLUS) Stake by $692,418; Clarkston Capital Partners Trimmed Its Position in Graco (GGG) by $2.92 Million as Market Valuation Rose

December 15, 2017 - By Henry Gaston

Eam Investors Llc increased its stake in Eplus Inc. (PLUS) by 100% based on its latest 2017Q2 regulatory filing with the SEC. Eam Investors Llc bought 9,357 shares as the company’s stock rose 20.28% with the market. The institutional investor held 18,714 shares of the computer software & peripheral equipment company at the end of 2017Q2, valued at $1.39 million, up from 9,357 at the end of the previous reported quarter. Eam Investors Llc who had been investing in Eplus Inc. for a number of months, seems to be bullish on the $1.11 billion market cap company. The stock increased 3.86% or $2.9 during the last trading session, reaching $78. About 56,726 shares traded. ePlus inc. (NASDAQ:PLUS) has risen 75.66% since December 15, 2016 and is uptrending. It has outperformed by 58.96% the S&P500.

Clarkston Capital Partners Llc decreased its stake in Graco Inc (GGG) by 7.31% based on its latest 2017Q2 regulatory filing with the SEC. Clarkston Capital Partners Llc sold 26,794 shares as the company’s stock rose 21.24% with the market. The institutional investor held 339,833 shares of the fluid controls company at the end of 2017Q2, valued at $37.14M, down from 366,627 at the end of the previous reported quarter. Clarkston Capital Partners Llc who had been investing in Graco Inc for a number of months, seems to be less bullish one the $7.62B market cap company. The stock increased 3.88% or $5.0742 during the last trading session, reaching $135.8342. About 222,064 shares traded. Graco Inc. (NYSE:GGG) has risen 41.79% since December 15, 2016 and is uptrending. It has outperformed by 25.09% the S&P500.

Investors sentiment increased to 4.68 in 2017 Q2. Its up 2.90, from 1.78 in 2017Q1. It increased, as 18 investors sold PLUS shares while 13 reduced holdings. 35 funds opened positions while 110 raised stakes. 23.51 million shares or 266.01% more from 6.42 million shares in 2017Q1 were reported. Moreover, State Of Alaska Department Of Revenue has 0.01% invested in ePlus inc. (NASDAQ:PLUS) for 2,589 shares. Fmr Ltd owns 959,478 shares for 0.01% of their portfolio. State Teachers Retirement System reported 0% stake. Schwab Charles Inv invested in 87,358 shares. Arizona State Retirement System owns 6,900 shares for 0.01% of their portfolio. Great West Life Assurance Com Can reported 0% in ePlus inc. (NASDAQ:PLUS). Citigroup Inc reported 12,743 shares. Euclidean Techs Management Ltd Liability Corporation invested in 1.64% or 22,897 shares. Fiera reported 95,761 shares stake. Pacific Ridge Ltd Llc invested in 0.32% or 14,490 shares. Pennsylvania-based Vanguard Group Inc has invested 0% in ePlus inc. (NASDAQ:PLUS). State Of Tennessee Treasury Department holds 12,334 shares. Employees Retirement Of Ohio owns 16,475 shares or 0.01% of their US portfolio. Metropolitan Life Com Ny holds 0% of its portfolio in ePlus inc. (NASDAQ:PLUS) for 9,086 shares. Sg Americas Secs Limited Liability Corp holds 0% in ePlus inc. (NASDAQ:PLUS) or 2,447 shares.

Eam Investors Llc, which manages about $932.15 million and $604.91 million US Long portfolio, decreased its stake in Biotelemetry Inc. (NASDAQ:BEAT) by 50,273 shares to 123,819 shares, valued at $4.14M in 2017Q2, according to the filing. It also reduced its holding in Tesaro Inc. (NASDAQ:TSRO) by 7,632 shares in the quarter, leaving it with 15,239 shares, and cut its stake in Emcore Corporation (NASDAQ:EMKR).

Among 3 analysts covering ePlus (NASDAQ:PLUS), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. ePlus had 14 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of ePlus inc. (NASDAQ:PLUS) earned “Buy” rating by Canaccord Genuity on Tuesday, January 5. As per Friday, October 30, the company rating was downgraded by Stifel Nicolaus. Stifel Nicolaus maintained ePlus inc. (NASDAQ:PLUS) on Sunday, September 10 with “Hold” rating. The stock has “Hold” rating by Stifel Nicolaus on Friday, December 9. The firm has “Neutral” rating given on Tuesday, November 15 by Sidoti. As per Friday, October 9, the company rating was downgraded by Sidoti. The firm has “Sell” rating given on Friday, August 7 by Zacks. The stock of ePlus inc. (NASDAQ:PLUS) earned “Hold” rating by Stifel Nicolaus on Thursday, November 2. The rating was maintained by Stifel Nicolaus on Thursday, August 3 with “Hold”. The stock has “Neutral” rating by Sidoti on Monday, October 12.

Since August 7, 2017, it had 0 buys, and 6 sales for $2.58 million activity. On Monday, August 7 the insider FAULDERS C THOMAS III sold $445,441. MARRON MARK P sold $934,016 worth of ePlus inc. (NASDAQ:PLUS) on Monday, October 2. On Monday, October 2 Marion Elaine D sold $280,214 worth of ePlus inc. (NASDAQ:PLUS) or 3,000 shares. Callies John E also sold $83,150 worth of ePlus inc. (NASDAQ:PLUS) on Wednesday, August 9.

Analysts await Graco Inc. (NYSE:GGG) to report earnings on January, 29. They expect $1.06 earnings per share, up 6.00% or $0.06 from last year’s $1 per share. GGG’s profit will be $59.49 million for 32.04 P/E if the $1.06 EPS becomes a reality. After $1.15 actual earnings per share reported by Graco Inc. for the previous quarter, Wall Street now forecasts -7.83% negative EPS growth.

Investors sentiment increased to 1.15 in 2017 Q2. Its up 0.09, from 1.06 in 2017Q1. It is positive, as 13 investors sold GGG shares while 117 reduced holdings. 65 funds opened positions while 84 raised stakes. 47.80 million shares or 2.93% less from 49.25 million shares in 2017Q1 were reported. Sei invested 0.1% in Graco Inc. (NYSE:GGG). Parametric Portfolio Assoc Limited invested in 616,884 shares or 0.08% of the stock. Amalgamated Financial Bank accumulated 11,111 shares. Zacks Invest Mgmt holds 0.02% of its portfolio in Graco Inc. (NYSE:GGG) for 7,188 shares. Nationwide Fund accumulated 115,967 shares or 0.05% of the stock. Metropolitan Life Insur Co New York reported 0.04% of its portfolio in Graco Inc. (NYSE:GGG). Leavell holds 7,500 shares. Bessemer Group Incorporated invested 0% of its portfolio in Graco Inc. (NYSE:GGG). Confluence Investment Mgmt Lc stated it has 1.95% in Graco Inc. (NYSE:GGG). Kansas-based Koch Indust Inc has invested 0.16% in Graco Inc. (NYSE:GGG). Monetary Management Group reported 400 shares. Paragon Cap Mgmt Ltd, a Colorado-based fund reported 2,798 shares. Carlson has invested 0.21% in Graco Inc. (NYSE:GGG). Park Oh invested in 0.01% or 2,156 shares. Marco Management Ltd Liability Corp reported 5,000 shares.

Clarkston Capital Partners Llc, which manages about $457.76 million and $2.24B US Long portfolio, upped its stake in Procter And Gamble Co (NYSE:PG) by 12,980 shares to 459,485 shares, valued at $40.04M in 2017Q2, according to the filing. It also increased its holding in Cisco Sys Inc (NASDAQ:CSCO) by 37,395 shares in the quarter, for a total of 962,212 shares, and has risen its stake in Pepsico Inc (NYSE:PEP).

Among 13 analysts covering Graco Inc (NYSE:GGG), 1 have Buy rating, 0 Sell and 12 Hold. Therefore 8% are positive. Graco Inc had 26 analyst reports since September 15, 2015 according to SRatingsIntel. As per Tuesday, November 3, the company rating was initiated by Suntrust Robinson. RBC Capital Markets maintained it with “Hold” rating and $11200 target in Thursday, July 27 report. The company was maintained on Wednesday, July 26 by Oppenheimer. The rating was downgraded by Seaport Global on Tuesday, March 22 to “Neutral”. RBC Capital Markets maintained Graco Inc. (NYSE:GGG) on Wednesday, October 11 with “Hold” rating. The company was upgraded on Monday, July 31 by Wolfe Research. RBC Capital Markets maintained Graco Inc. (NYSE:GGG) rating on Friday, September 15. RBC Capital Markets has “Hold” rating and $112.0 target. The company was initiated on Thursday, September 17 by Alembic. The firm has “Neutral” rating by Alembic given on Tuesday, September 15. On Wednesday, January 27 the stock rating was maintained by RBC Capital Markets with “Underperform”.

Since September 8, 2017, it had 0 insider buys, and 8 insider sales for $14.10 million activity. 759 Graco Inc. (NYSE:GGG) shares with value of $94,799 were sold by Etchart Eric. Another trade for 30,000 shares valued at $3.46 million was sold by LOWE DAVID M. On Wednesday, December 13 GALLIVAN KAREN PARK sold $1.98 million worth of Graco Inc. (NYSE:GGG) or 15,000 shares. Ahlers David M also sold $2.70M worth of Graco Inc. (NYSE:GGG) on Friday, September 15. Shares for $150,144 were sold by Moreau Bernard J. Rothe Christian E sold $1.68 million worth of stock or 12,750 shares.

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