Bel Fuse Inc. (NASDAQ:BELFB) Shares Bought by Dean Investment Associates LLC

Dean Investment Associates LLC boosted its position in Bel Fuse Inc. (NASDAQ:BELFB - Free Report) by 35.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 63,664 shares of the electronics maker's stock after buying an additional 16,630 shares during the period. Dean Investment Associates LLC owned approximately 0.51% of Bel Fuse worth $5,250,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the business. Portolan Capital Management LLC raised its position in Bel Fuse by 72.5% during the fourth quarter. Portolan Capital Management LLC now owns 208,470 shares of the electronics maker's stock valued at $17,193,000 after acquiring an additional 87,612 shares in the last quarter. Advisory Research Inc. increased its holdings in shares of Bel Fuse by 27.4% during the 4th quarter. Advisory Research Inc. now owns 313,446 shares of the electronics maker's stock valued at $25,850,000 after purchasing an additional 67,460 shares in the last quarter. American Century Companies Inc. increased its holdings in shares of Bel Fuse by 10.6% during the 4th quarter. American Century Companies Inc. now owns 351,755 shares of the electronics maker's stock valued at $29,009,000 after purchasing an additional 33,768 shares in the last quarter. Hodges Capital Management Inc. lifted its stake in shares of Bel Fuse by 38.1% in the 4th 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 period. Finally, 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 worth $1,257,000 after buying an additional 12,192 shares in the last quarter. 58.39% of the stock is owned by hedge funds and other institutional investors.

Bel Fuse Price Performance

BELFB stock traded up $0.39 during trading on Tuesday, hitting $67.15. The stock had a trading volume of 40,690 shares, compared to its average volume of 79,324. The company's 50-day moving average price is $75.55 and its two-hundred day moving average price is $78.99. Bel Fuse Inc. has a twelve month low of $56.02 and a twelve month high of $92.61. The stock has a market capitalization of $841.99 million, a P/E ratio of 20.54, a PEG ratio of 1.24 and a beta of 1.12. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.92 and a quick ratio of 1.66.

Bel Fuse (NASDAQ:BELFB - Get Free Report) last posted its quarterly earnings data on Tuesday, February 18th. The electronics maker reported ($0.14) 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 analyst estimates of $126.41 million. During the same period in the prior year, the company posted $1.29 earnings per share. As a group, research analysts predict that Bel Fuse Inc. will post 4.63 EPS for the current fiscal year.

Bel Fuse Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Tuesday, April 15th will be paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 0.42%. The ex-dividend date of this dividend is Tuesday, April 15th. Bel Fuse's dividend payout ratio (DPR) is 8.56%.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. StockNews.com downgraded shares of Bel Fuse from a "buy" rating to a "hold" rating in a research report on Thursday, February 20th. Needham & Company LLC increased their price target on Bel Fuse from $95.00 to $100.00 and gave the stock a "buy" rating in a research report on Thursday, February 20th. Finally, Craig Hallum assumed coverage on Bel Fuse in a research report on Tuesday, March 25th. They issued a "buy" rating and a $115.00 price objective for the company. One research analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $103.75.

Bel Fuse Company 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.