Littelfuse, Inc. (NASDAQ:LFUS) Shares Acquired by Boston Trust Walden Corp

Boston Trust Walden Corp raised its position in Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 8.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 216,426 shares of the technology company's stock after acquiring an additional 17,454 shares during the quarter. Boston Trust Walden Corp owned approximately 0.87% of Littelfuse worth $57,907,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. Trust Point Inc. acquired a new stake in Littelfuse during the fourth quarter worth approximately $274,000. Assenagon Asset Management S.A. raised its stake in Littelfuse by 7.2% during the 4th quarter. Assenagon Asset Management S.A. now owns 7,861 shares of the technology company's stock worth $2,103,000 after acquiring an additional 529 shares in the last quarter. Pacer Advisors Inc. lifted its position in Littelfuse by 8.1% in the fourth quarter. Pacer Advisors Inc. now owns 3,739 shares of the technology company's stock valued at $1,000,000 after acquiring an additional 281 shares during the last quarter. D.B. Root & Company LLC boosted its stake in Littelfuse by 1.6% in the fourth quarter. D.B. Root & Company LLC now owns 3,732 shares of the technology company's stock valued at $999,000 after acquiring an additional 60 shares in the last quarter. Finally, Vest Financial LLC purchased a new position in shares of Littelfuse during the fourth quarter worth about $245,000. 96.14% of the stock is owned by hedge funds and other institutional investors.

Littelfuse Stock Performance

Shares of Littelfuse stock traded down $2.85 during trading on Thursday, reaching $236.51. The company's stock had a trading volume of 177,840 shares, compared to its average volume of 149,128. The company has a 50-day moving average price of $238.66 and a two-hundred day moving average price of $240.91. Littelfuse, Inc. has a fifty-two week low of $212.80 and a fifty-two week high of $309.94. The firm has a market cap of $5.89 billion, a PE ratio of 22.87, a P/E/G ratio of 2.03 and a beta of 1.34. The company has a current ratio of 3.75, a quick ratio of 2.49 and a debt-to-equity ratio of 0.35.

Littelfuse (NASDAQ:LFUS - Get Free Report) last announced its earnings results on Tuesday, January 30th. The technology company reported $2.02 earnings per share for the quarter, hitting the consensus estimate of $2.02. The business had revenue of $533.80 million during the quarter, compared to the consensus estimate of $535.76 million. Littelfuse had a net margin of 10.98% and a return on equity of 12.35%. The business's quarterly revenue was down 12.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.34 earnings per share. On average, analysts forecast that Littelfuse, Inc. will post 9.66 EPS for the current year.

Littelfuse Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 7th. Investors of record on Thursday, February 22nd were paid a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 1.10%. The ex-dividend date of this dividend was Wednesday, February 21st. Littelfuse's dividend payout ratio (DPR) is 25.15%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut Littelfuse from a "buy" rating to a "hold" rating in a research report on Saturday, March 30th.

Insider Buying and Selling at Littelfuse

In related news, SVP Maggie Chu sold 1,522 shares of the business's stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $240.74, for a total value of $366,406.28. Following the completion of the sale, the senior vice president now directly owns 3,086 shares in the company, valued at $742,923.64. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Littelfuse news, SVP Maggie Chu sold 1,522 shares of the stock in a transaction on Monday, March 4th. The shares were sold at an average price of $240.74, for a total transaction of $366,406.28. Following the transaction, the senior vice president now directly owns 3,086 shares in the company, valued at approximately $742,923.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Ryan K. Stafford sold 1,932 shares of the business's stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $243.62, for a total transaction of $470,673.84. Following the sale, the executive vice president now directly owns 24,155 shares of the company's stock, valued at approximately $5,884,641.10. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 4,370 shares of company stock valued at $1,064,413. Insiders own 2.30% of the company's stock.

Littelfuse Company 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.

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