Aperio Group LLC lowered its stake in shares of Littelfuse, Inc. (NASDAQ:LFUS) by 13.1% during the fourth quarter, Holdings Channel reports. The fund owned 5,261 shares of the technology company’s stock after selling 792 shares during the quarter. Aperio Group LLC’s holdings in Littelfuse were worth $1,041,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently bought and sold shares of LFUS. Stifel Financial Corp boosted its stake in shares of Littelfuse by 4.4% during the second quarter. Stifel Financial Corp now owns 2,412 shares of the technology company’s stock valued at $398,000 after acquiring an additional 102 shares during the last quarter. Royal Bank of Canada boosted its stake in shares of Littelfuse by 63.6% during the second quarter. Royal Bank of Canada now owns 1,178 shares of the technology company’s stock valued at $194,000 after acquiring an additional 458 shares during the last quarter. Macquarie Group Ltd. acquired a new stake in shares of Littelfuse during the second quarter valued at $270,000. Nationwide Fund Advisors boosted its stake in shares of Littelfuse by 1.9% during the third quarter. Nationwide Fund Advisors now owns 105,823 shares of the technology company’s stock valued at $20,729,000 after acquiring an additional 2,000 shares during the last quarter. Finally, First Trust Advisors LP boosted its stake in Littelfuse by 0.9% in the 3rd quarter. First Trust Advisors LP now owns 32,261 shares of the technology company’s stock worth $6,319,000 after buying an additional 293 shares during the last quarter. 99.17% of the stock is currently owned by institutional investors and hedge funds.
A number of brokerages have issued reports on LFUS. BidaskClub lowered Littelfuse from a “buy” rating to a “hold” rating in a research note on Tuesday, February 13th. Zacks Investment Research raised Littelfuse from a “sell” rating to a “hold” rating in a research note on Wednesday, January 24th. Oppenheimer reissued a “hold” rating on shares of Littelfuse in a research note on Wednesday, November 1st. Finally, Robert W. Baird reissued a “buy” rating and issued a $230.00 price target on shares of Littelfuse in a research note on Friday, November 3rd. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $211.25.
Shares of Littelfuse, Inc. (NASDAQ LFUS) opened at $210.15 on Monday. The company has a quick ratio of 2.90, a current ratio of 3.52 and a debt-to-equity ratio of 0.53. Littelfuse, Inc. has a 52 week low of $149.81 and a 52 week high of $226.33. The stock has a market capitalization of $4,773.35, a PE ratio of 40.49, a price-to-earnings-growth ratio of 2.05 and a beta of 0.97.
Littelfuse (NASDAQ:LFUS) last issued its quarterly earnings results on Wednesday, January 31st. The technology company reported $1.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.68 by $0.13. Littelfuse had a return on equity of 19.65% and a net margin of 9.78%. The firm had revenue of $304.85 million for the quarter, compared to analyst estimates of $299.88 million. During the same period last year, the company earned $1.57 EPS. The firm’s quarterly revenue was up 7.1% on a year-over-year basis. equities analysts predict that Littelfuse, Inc. will post 8.53 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 8th. Shareholders of record on Thursday, February 22nd will be paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 0.70%. The ex-dividend date of this dividend is Wednesday, February 21st. Littelfuse’s payout ratio is 28.52%.
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Littelfuse, Inc is a supplier of circuit protection products for the electronics, automotive and industrial markets. The Company operates through three segments. The Electronics segment provides circuit protection components for overcurrent and overvoltage protection, as well as sensor components and modules to manufacturers of a range of electronic products.
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