Townsquare Capital LLC boosted its stake in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 87.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,662 shares of the technology company's stock after buying an additional 3,109 shares during the quarter. Townsquare Capital LLC's holdings in Littelfuse were worth $1,570,000 as of its most recent SEC filing.
A number of other institutional investors have also modified their holdings of LFUS. HighTower Advisors LLC raised its stake in Littelfuse by 4.4% in the third quarter. HighTower Advisors LLC now owns 3,158 shares of the technology company's stock worth $839,000 after buying an additional 134 shares in the last quarter. Jane Street Group LLC lifted its stake in shares of Littelfuse by 126.9% during the 3rd quarter. Jane Street Group LLC now owns 11,418 shares of the technology company's stock worth $3,029,000 after purchasing an additional 6,386 shares during the last quarter. Barclays PLC boosted its position in Littelfuse by 52.7% during the third quarter. Barclays PLC now owns 11,448 shares of the technology company's stock valued at $3,037,000 after purchasing an additional 3,949 shares in the last quarter. Geode Capital Management LLC raised its holdings in Littelfuse by 0.4% in the third quarter. Geode Capital Management LLC now owns 431,956 shares of the technology company's stock worth $114,607,000 after purchasing an additional 1,525 shares in the last quarter. Finally, Sanctuary Advisors LLC lifted its position in shares of Littelfuse by 6.7% during the third quarter. Sanctuary Advisors LLC now owns 4,094 shares of the technology company's stock valued at $998,000 after buying an additional 257 shares during the last quarter. 96.14% of the stock is owned by hedge funds and other institutional investors.
Littelfuse Price Performance
Shares of Littelfuse stock traded up $0.39 during trading hours on Monday, reaching $154.28. The stock had a trading volume of 91,440 shares, compared to its average volume of 147,668. The stock's 50 day moving average is $204.50 and its 200 day moving average is $230.35. The company has a current ratio of 3.61, a quick ratio of 2.62 and a debt-to-equity ratio of 0.32. Littelfuse, Inc. has a twelve month low of $142.10 and a twelve month high of $275.58. The firm has a market capitalization of $3.81 billion, a PE ratio of 34.28, a PEG ratio of 2.24 and a beta of 1.30.
Littelfuse (NASDAQ:LFUS - Get Free Report) last posted its quarterly earnings data 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 in the previous year, the firm earned $2.02 earnings per share. Equities analysts expect that Littelfuse, Inc. will post 9.49 earnings per share for the current fiscal year.
Littelfuse Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Shareholders 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 currently 62.22%.
Wall Street Analysts Forecast Growth
LFUS has been the topic of several analyst reports. Baird R W lowered shares of Littelfuse from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 15th. Robert W. Baird reissued a "neutral" rating and set a $182.00 price objective (down from $225.00) on shares of Littelfuse in a report on Tuesday, April 15th. Benchmark restated a "hold" rating on shares of Littelfuse in a research note on Thursday, April 10th. Finally, StockNews.com downgraded shares of Littelfuse from a "buy" rating to a "hold" rating in a report on Thursday, March 27th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, Littelfuse presently has an average rating of "Hold" and an average target price of $258.00.
Get Our Latest Analysis on LFUS
Littelfuse Profile
(
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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