Rathbones Group PLC lifted its stake in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 17.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 21,558 shares of the technology company's stock after purchasing an additional 3,270 shares during the period. Rathbones Group PLC owned about 0.09% of Littelfuse worth $5,080,000 as of its most recent filing with the SEC.
A number of other hedge funds have also bought and sold shares of LFUS. Quent Capital LLC grew its position in shares of Littelfuse by 525.0% in the 4th quarter. Quent Capital LLC now owns 125 shares of the technology company's stock worth $29,000 after acquiring an additional 105 shares in the last quarter. Geneos Wealth Management Inc. lifted its stake 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 worth $40,000. Smartleaf Asset Management LLC increased its stake in Littelfuse by 548.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 188 shares of the technology company's stock valued at $44,000 after purchasing an additional 159 shares during the last quarter. Finally, Global X Japan Co. Ltd. raised its holdings in shares of Littelfuse by 221.0% during the fourth quarter. Global X Japan Co. Ltd. now owns 260 shares of the technology company's stock worth $61,000 after purchasing an additional 179 shares during the period. 96.14% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
LFUS has been the subject of a number of recent research reports. Robert W. Baird lowered their price objective on shares of Littelfuse from $300.00 to $290.00 and set an "outperform" rating for the company in a research report on Thursday, January 30th. Benchmark reiterated a "hold" rating on shares of Littelfuse in a research report on Thursday. Finally, StockNews.com lowered Littelfuse from a "buy" rating to a "hold" rating in a research report on Thursday, March 27th. Three investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $285.00.
Check Out Our Latest Research Report on LFUS
Littelfuse Stock Performance
Shares of NASDAQ LFUS traded up $2.68 during midday trading on Friday, hitting $155.40. 517,894 shares of the company's stock were exchanged, compared to its average volume of 144,127. Littelfuse, Inc. has a twelve month low of $142.10 and a twelve month 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 firm has a market cap of $3.84 billion, a P/E ratio of 34.53, a PEG ratio of 2.24 and a beta of 1.30. The stock's 50 day moving average price is $212.49 and its 200-day moving average price is $234.04.
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. Equities research analysts anticipate that Littelfuse, Inc. will post 9.49 EPS for the current year.
Littelfuse Announces Dividend
The business 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 of this dividend was Thursday, February 20th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.80%. Littelfuse's dividend payout ratio is presently 62.22%.
Littelfuse Company Profile
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Free Report)
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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