Barclays PLC Buys 7,825 Shares of Littelfuse, Inc. (NASDAQ:LFUS)

Barclays PLC grew its stake in Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 68.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,273 shares of the technology company's stock after purchasing an additional 7,825 shares during the period. Barclays PLC owned about 0.08% of Littelfuse worth $4,542,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. grew its position in Littelfuse by 2.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 312,535 shares of the technology company's stock worth $73,649,000 after buying an additional 8,588 shares in the last quarter. Atria Wealth Solutions Inc. grew its holdings in shares of Littelfuse by 5.5% during the 4th quarter. Atria Wealth Solutions Inc. now owns 953 shares of the technology company's stock worth $225,000 after purchasing an additional 50 shares in the last quarter. Proficio Capital Partners LLC bought a new stake in shares of Littelfuse during the fourth quarter valued at approximately $5,892,000. Bank of New York Mellon Corp lifted its position in Littelfuse by 7.4% in the fourth quarter. Bank of New York Mellon Corp now owns 260,102 shares of the technology company's stock worth $61,293,000 after purchasing an additional 18,013 shares during the period. Finally, Victory Capital Management Inc. boosted its stake in Littelfuse by 0.4% during the fourth quarter. Victory Capital Management Inc. now owns 513,679 shares of the technology company's stock worth $121,048,000 after buying an additional 2,056 shares in the last quarter. Institutional investors own 96.14% of the company's stock.

Analyst Upgrades and Downgrades

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

Littelfuse Price Performance

NASDAQ:LFUS opened at $176.06 on Monday. The company has a quick ratio of 2.62, a current ratio of 3.61 and a debt-to-equity ratio of 0.32. The firm has a market cap of $4.35 billion, a PE ratio of 39.12, a price-to-earnings-growth ratio of 2.24 and a beta of 1.30. Littelfuse, Inc. has a 12 month low of $142.10 and a 12 month high of $275.58. The company's 50-day moving average price is $196.50 and its two-hundred day moving average price is $227.19.

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

Littelfuse 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.

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