Littelfuse, Inc. (NASDAQ:LFUS) Stock Holdings Lowered by Fisher Asset Management LLC

Fisher Asset Management LLC reduced its holdings in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 6.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 205,845 shares of the technology company's stock after selling 13,187 shares during the quarter. Fisher Asset Management LLC owned 0.83% of Littelfuse worth $48,507,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. US Bancorp DE grew its stake in Littelfuse by 1.4% in the third quarter. US Bancorp DE now owns 3,436 shares of the technology company's stock worth $911,000 after purchasing an additional 49 shares in the last quarter. New York State Common Retirement Fund increased its holdings in shares of Littelfuse by 3.9% in the 3rd quarter. New York State Common Retirement Fund now owns 141,157 shares of the technology company's stock valued at $37,442,000 after acquiring an additional 5,344 shares during the last quarter. Harbor Capital Advisors Inc. raised its position in shares of Littelfuse by 105.3% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 5,464 shares of the technology company's stock valued at $1,449,000 after acquiring an additional 2,803 shares in the last quarter. Van ECK Associates Corp raised its position in shares of Littelfuse by 18.1% during the 3rd quarter. Van ECK Associates Corp now owns 33,409 shares of the technology company's stock valued at $8,457,000 after acquiring an additional 5,127 shares in the last quarter. Finally, Radnor Capital Management LLC bought a new position in Littelfuse during the third quarter worth $647,000. 96.14% of the stock is owned by hedge funds and other institutional investors.

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Littelfuse Stock Performance

LFUS stock traded down $4.24 on Thursday, reaching $213.44. The company's stock had a trading volume of 63,821 shares, compared to its average volume of 163,678. Littelfuse, Inc. has a 52 week low of $211.91 and a 52 week high of $275.58. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.61 and a quick ratio of 2.62. The company has a market capitalization of $5.30 billion, a P/E ratio of 47.43, a price-to-earnings-growth ratio of 2.24 and a beta of 1.26. The firm has a fifty day moving average of $236.77 and a two-hundred day moving average of $247.67.

Littelfuse (NASDAQ:LFUS - Get Free Report) last issued its quarterly 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 return on equity of 8.55% and a net margin of 5.16%. During the same quarter last year, the business earned $2.02 EPS. As a group, analysts predict that Littelfuse, Inc. will post 9.49 EPS for the current fiscal year.

Littelfuse Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Thursday, February 20th will be paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date of this dividend is Thursday, February 20th. Littelfuse's dividend payout ratio is currently 62.22%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on LFUS. Robert W. Baird reduced their price target on shares of Littelfuse from $300.00 to $290.00 and set an "outperform" rating on the stock in a research report on Thursday, January 30th. StockNews.com raised shares of Littelfuse from a "hold" rating to a "buy" rating in a report on Wednesday, February 26th. Finally, Benchmark restated a "hold" rating on shares of Littelfuse in a research note on Wednesday, January 29th. Three investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Littelfuse has a consensus rating of "Moderate Buy" and an average target price of $280.00.

Insider Activity

In other Littelfuse news, CAO Jeffrey G. Gorski sold 700 shares of the stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $249.02, for a total transaction of $174,314.00. Following the completion of the transaction, the chief accounting officer now directly owns 3,105 shares of the company's stock, valued at approximately $773,207.10. This trade represents a 18.40 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 2.30% of the company's stock.

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.