UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its position in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 1.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 109,296 shares of the technology company's stock after selling 1,960 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.44% of Littelfuse worth $25,756,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Quent Capital LLC increased its position in Littelfuse by 525.0% during the 4th quarter. Quent Capital LLC now owns 125 shares of the technology company's stock valued at $29,000 after purchasing an additional 105 shares during the period. Geneos Wealth Management Inc. lifted its stake in Littelfuse by 181.0% during the 4th quarter. Geneos Wealth Management Inc. now owns 163 shares of the technology company's stock valued at $38,000 after acquiring an additional 105 shares in the last quarter. Bank of Jackson Hole Trust bought a new position in Littelfuse during the 4th quarter valued at $40,000. Smartleaf Asset Management LLC raised its stake 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 stake in shares of Littelfuse by 221.0% during the 4th 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. Institutional investors own 96.14% of the company's stock.
Insider Buying and Selling at Littelfuse
In other news, SVP Deepak Nayar sold 1,477 shares of the company's stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $197.50, for a total value of $291,707.50. Following the sale, the senior vice president now owns 5,975 shares in the company, valued at $1,180,062.50. This represents a 19.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 2.50% of the company's stock.
Littelfuse Price Performance
LFUS traded down $3.43 on Friday, hitting $205.36. 169,493 shares of the company's stock traded hands, compared to its average volume of 161,372. The firm has a market cap of $5.08 billion, a price-to-earnings ratio of 45.64, a P/E/G ratio of 2.24 and a beta of 1.38. The company's 50 day simple moving average is $186.32 and its 200-day simple moving average is $218.16. 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 one year low of $142.10 and a one year high of $275.58.
Littelfuse (NASDAQ:LFUS - Get Free Report) last announced its earnings results on Tuesday, April 29th. The technology company reported $2.19 EPS for the quarter, topping analysts' consensus estimates of $1.82 by $0.37. The firm had revenue of $554.31 million during the quarter, compared to analysts' expectations of $537.60 million. Littelfuse had a return on equity of 8.55% and a net margin of 5.16%. The company's quarterly revenue was up 3.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.76 EPS. As a group, research analysts anticipate that Littelfuse, Inc. will post 9.49 EPS for the current year.
Littelfuse Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Thursday, May 22nd will be given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 1.36%. The ex-dividend date is Thursday, May 22nd. Littelfuse's dividend payout ratio is currently 64.81%.
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on LFUS shares. Oppenheimer lowered their price objective on Littelfuse from $310.00 to $275.00 and set an "outperform" rating on the stock in a research note on Thursday, May 1st. Baird R W downgraded Littelfuse from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 15th. Benchmark restated a "hold" rating on shares of Littelfuse in a report on Wednesday. Robert W. Baird upped their price target on Littelfuse from $182.00 to $194.00 and gave the stock a "neutral" rating in a research note on Thursday, May 1st. Finally, Wall Street Zen cut Littelfuse from a "buy" rating to a "hold" rating in a research report on Wednesday, May 21st. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $252.25.
Read Our Latest Report on Littelfuse
About Littelfuse
(
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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