Littelfuse, Inc. (NASDAQ:LFUS) Stock Holdings Lowered by Legal & General Group Plc

Legal & General Group Plc lessened its position in Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 6.0% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 43,817 shares of the technology company's stock after selling 2,805 shares during the period. Legal & General Group Plc owned approximately 0.18% of Littelfuse worth $10,325,000 at the end of the most recent reporting period.

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

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on LFUS shares. Benchmark reiterated a "hold" rating on shares of Littelfuse in a research note on Thursday, April 10th. Robert W. Baird reissued a "neutral" rating and set a $182.00 target price (down from $225.00) on shares of Littelfuse in a research report on Tuesday, April 15th. Baird R W lowered shares of Littelfuse from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 15th. Finally, StockNews.com lowered Littelfuse from a "buy" rating to a "hold" rating in a research report on Thursday, March 27th. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $258.00.

Littelfuse Stock Up 0.3 %

Shares of LFUS traded up $0.39 during midday trading on Monday, hitting $154.28. The company had a trading volume of 91,440 shares, compared to its average volume of 147,668. The company has a quick ratio of 2.62, a current ratio of 3.61 and a debt-to-equity ratio of 0.32. Littelfuse, Inc. has a 52 week low of $142.10 and a 52 week high of $275.58. The company's 50 day moving average price is $204.50 and its 200 day moving average price is $230.35. The stock has a market cap of $3.81 billion, a price-to-earnings ratio of 34.28, a PEG ratio of 2.24 and a beta of 1.30.

Littelfuse (NASDAQ:LFUS - Get Free Report) last released its 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 in the prior year, the firm posted $2.02 EPS. On average, equities research analysts predict that Littelfuse, Inc. will post 9.49 EPS for the current year.

Littelfuse Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Thursday, February 20th were paid a dividend of $0.70 per share. The ex-dividend date was Thursday, February 20th. This represents a $2.80 annualized dividend and a yield of 1.81%. Littelfuse's dividend payout ratio (DPR) is 62.22%.

About Littelfuse

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.