Russell Investments Group Ltd. Has $5.05 Million Stake in Littelfuse, Inc. (NASDAQ:LFUS)

Russell Investments Group Ltd. decreased its position in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 31.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,416 shares of the technology company's stock after selling 9,851 shares during the period. Russell Investments Group Ltd. owned about 0.09% of Littelfuse worth $5,047,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Quent Capital LLC increased its holdings in Littelfuse by 525.0% in the fourth quarter. Quent Capital LLC now owns 125 shares of the technology company's stock valued at $29,000 after buying an additional 105 shares during 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 bought a new stake in Littelfuse during the fourth quarter valued at $40,000. Smartleaf Asset Management LLC lifted its position in shares of Littelfuse by 548.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 188 shares of the technology company's stock worth $44,000 after buying an additional 159 shares during the last quarter. Finally, Global X Japan Co. Ltd. raised its stake in shares of Littelfuse by 221.0% in the 4th quarter. Global X Japan Co. Ltd. now owns 260 shares of the technology company's stock worth $61,000 after buying an additional 179 shares in the last quarter. 96.14% of the stock is currently owned by institutional investors.

Littelfuse Stock Performance

Shares of LFUS traded up $1.51 during trading hours on Friday, reaching $153.89. 376,088 shares of the company traded hands, compared to its average volume of 147,562. The stock's fifty day moving average is $206.22 and its 200 day moving average is $231.45. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.62 and a current ratio of 3.61. The stock has a market cap of $3.80 billion, a P/E ratio of 34.20, a price-to-earnings-growth ratio of 2.24 and a beta of 1.30. Littelfuse, Inc. has a 1-year low of $142.10 and a 1-year high of $275.58.

Littelfuse (NASDAQ:LFUS - Get Free Report) last issued its 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 period last year, the business earned $2.02 earnings per share. Equities research analysts anticipate that Littelfuse, Inc. will post 9.49 earnings per share for the current fiscal year.

Littelfuse Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Thursday, February 20th were issued a $0.70 dividend. 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 1.82%. Littelfuse's payout ratio is presently 62.22%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on LFUS. Baird R W downgraded Littelfuse from a "strong-buy" rating to a "hold" rating in a research report on Tuesday. Benchmark reiterated a "hold" rating on shares of Littelfuse in a research report 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 set a $182.00 price objective (down previously from $225.00) on shares of Littelfuse in a research report on Tuesday. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $258.00.

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.