Alpine Peaks Capital LP Raises Stock Position in Littelfuse, Inc. (NASDAQ:LFUS)

Alpine Peaks Capital LP boosted its position in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 88.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 15,850 shares of the technology company's stock after acquiring an additional 7,450 shares during the period. Littelfuse accounts for about 3.1% of Alpine Peaks Capital LP's investment portfolio, making the stock its 18th largest position. Alpine Peaks Capital LP owned about 0.06% of Littelfuse worth $3,735,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Quent Capital LLC lifted its stake in shares of Littelfuse by 525.0% during the 4th quarter. Quent Capital LLC now owns 125 shares of the technology company's stock valued at $29,000 after buying an additional 105 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in shares of Littelfuse by 181.0% in the fourth quarter. Geneos Wealth Management Inc. now owns 163 shares of the technology company's stock valued at $38,000 after acquiring an additional 105 shares in the last quarter. Bank of Jackson Hole Trust bought a new position in shares of Littelfuse in the fourth quarter worth about $40,000. Smartleaf Asset Management LLC grew its position in shares of Littelfuse by 548.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 188 shares of the technology company's stock worth $44,000 after purchasing an additional 159 shares in the last quarter. Finally, Global X Japan Co. Ltd. raised its stake in Littelfuse by 221.0% during the 4th quarter. Global X Japan Co. Ltd. now owns 260 shares of the technology company's stock valued at $61,000 after purchasing an additional 179 shares during the period. Hedge funds and other institutional investors own 96.14% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Robert W. Baird reissued a "neutral" rating and issued a $182.00 target price (down previously from $225.00) on shares of Littelfuse in a report on Tuesday, April 15th. Baird R W downgraded shares of Littelfuse from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 15th. Benchmark reaffirmed a "hold" rating on shares of Littelfuse in a report on Thursday, April 10th. Finally, StockNews.com cut Littelfuse from a "buy" rating to a "hold" rating in a report on Thursday, March 27th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Littelfuse has an average rating of "Hold" and an average target price of $258.00.

Littelfuse Trading Up 1.7 %

LFUS stock traded up $2.98 during mid-day trading on Monday, reaching $179.04. The company had a trading volume of 211,258 shares, compared to its average volume of 153,952. The firm has a 50 day moving average of $196.50 and a 200 day moving average of $227.19. Littelfuse, Inc. has a 12 month low of $142.10 and a 12 month high of $275.58. The company has a market capitalization of $4.42 billion, a PE ratio of 39.79, a price-to-earnings-growth ratio of 2.24 and a beta of 1.30. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.61 and a quick ratio of 2.62.

Littelfuse (NASDAQ:LFUS - Get Free Report) last posted its earnings results on Tuesday, January 28th. The technology company reported $2.04 EPS for the quarter, meeting analysts' consensus estimates of $2.04. Littelfuse had a net margin of 5.16% and a return on equity of 8.55%. During the same quarter in the previous year, the business earned $2.02 earnings per share. On average, equities analysts predict that Littelfuse, Inc. will post 9.49 earnings per share for the current fiscal year.

Littelfuse Company Profile

Littelfuse, Inc designs, manufactures, and sells electronic components, modules, and subassemblies in the Americas, Asia-Pacific, and Europe. The company operates through Electronic, Transportation, and Industrial segments. The Electronics segment offers fuses and fuse accessories, positive temperature coefficient resettable fuses, electromechanical switches and interconnect solutions, polymer electrostatic discharge suppressors, varistors, reed switch based magnetic sensing products, and gas discharge tubes; and discrete transient voltage suppressor (TVS) diodes, TVS diode arrays, protection and switching thyristors, metal-oxide-semiconductor field-effect transistors and diodes, and insulated gate bipolar transistors.