Advisory Research Inc. Raises Position in Bel Fuse Inc. (NASDAQ:BELFB)

Advisory Research Inc. increased its holdings in Bel Fuse Inc. (NASDAQ:BELFB - Free Report) by 27.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 313,446 shares of the electronics maker's stock after buying an additional 67,460 shares during the quarter. Bel Fuse comprises 4.3% of Advisory Research Inc.'s portfolio, making the stock its largest holding. Advisory Research Inc. owned about 2.50% of Bel Fuse worth $25,850,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Portolan Capital Management LLC raised its position in shares of Bel Fuse by 72.5% during the fourth quarter. Portolan Capital Management LLC now owns 208,470 shares of the electronics maker's stock worth $17,193,000 after purchasing an additional 87,612 shares during the period. American Century Companies Inc. lifted its position in shares of Bel Fuse by 10.6% in the fourth quarter. American Century Companies Inc. now owns 351,755 shares of the electronics maker's stock worth $29,009,000 after buying an additional 33,768 shares during the last quarter. Hodges Capital Management Inc. grew its holdings in Bel Fuse by 38.1% during the fourth quarter. Hodges Capital Management Inc. now owns 104,645 shares of the electronics maker's stock valued at $8,630,000 after purchasing an additional 28,860 shares during the last quarter. Barclays PLC boosted its holdings in Bel Fuse by 319.5% during the third quarter. Barclays PLC now owns 16,008 shares of the electronics maker's stock valued at $1,257,000 after acquiring an additional 12,192 shares during the period. Finally, Navellier & Associates Inc. boosted its position in shares of Bel Fuse by 68.0% in the fourth quarter. Navellier & Associates Inc. now owns 23,415 shares of the electronics maker's stock valued at $1,931,000 after acquiring an additional 9,478 shares during the period. Institutional investors own 58.39% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on BELFB shares. Needham & Company LLC boosted their price target on Bel Fuse from $95.00 to $100.00 and gave the company a "buy" rating in a research note on Thursday, February 20th. Craig Hallum assumed coverage on Bel Fuse in a report on Tuesday, March 25th. They set a "buy" rating and a $115.00 price objective on the stock. Finally, StockNews.com cut Bel Fuse from a "buy" rating to a "hold" rating in a report on Thursday, February 20th. One research analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Bel Fuse presently has a consensus rating of "Buy" and an average price target of $103.75.

Bel Fuse Stock Up 1.4 %

Shares of NASDAQ BELFB traded up $0.97 during trading hours on Tuesday, hitting $67.73. The company had a trading volume of 16,663 shares, compared to its average volume of 89,738. The company has a quick ratio of 1.66, a current ratio of 2.92 and a debt-to-equity ratio of 0.80. The firm's 50 day moving average is $75.55 and its 200-day moving average is $78.99. The stock has a market capitalization of $849.20 million, a P/E ratio of 20.71, a price-to-earnings-growth ratio of 1.24 and a beta of 1.12. Bel Fuse Inc. has a 1-year low of $57.00 and a 1-year high of $92.61.

Bel Fuse (NASDAQ:BELFB - Get Free Report) last released its quarterly earnings results on Tuesday, February 18th. The electronics maker reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.96 by ($1.10). Bel Fuse had a net margin of 7.66% and a return on equity of 12.37%. The firm had revenue of $149.86 million during the quarter, compared to the consensus estimate of $126.41 million. During the same quarter last year, the firm earned $1.29 earnings per share. On average, analysts expect that Bel Fuse Inc. will post 4.63 earnings per share for the current fiscal year.

Bel Fuse Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Tuesday, April 15th will be paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.41%. The ex-dividend date is Tuesday, April 15th. Bel Fuse's payout ratio is 8.56%.

Bel Fuse Profile

Bel Fuse Inc designs, manufactures, markets, and sells products that power, protect, and connect electronic circuits. The company's products are used in the networking, telecommunications, computing, general industrial, high-speed data transmission, military, commercial aerospace, transportation, and e-Mobility industries.