Fisher Asset Management LLC Sells 39,639 Shares of Littelfuse, Inc. (NASDAQ:LFUS)

Fisher Asset Management LLC decreased its holdings in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 15.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 212,655 shares of the technology company's stock after selling 39,639 shares during the quarter. Fisher Asset Management LLC owned 0.85% of Littelfuse worth $56,898,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of LFUS. Vanguard Group Inc. lifted its position in Littelfuse by 0.8% in the 3rd quarter. Vanguard Group Inc. now owns 2,632,292 shares of the technology company's stock worth $651,018,000 after buying an additional 20,947 shares during the last quarter. Victory Capital Management Inc. boosted its stake in shares of Littelfuse by 4.8% in the 4th quarter. Victory Capital Management Inc. now owns 421,392 shares of the technology company's stock valued at $112,748,000 after purchasing an additional 19,435 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Littelfuse by 6.8% during the 3rd quarter. Invesco Ltd. now owns 414,889 shares of the technology company's stock valued at $102,610,000 after purchasing an additional 26,278 shares during the last quarter. Ariel Investments LLC raised its position in Littelfuse by 0.3% in the 3rd quarter. Ariel Investments LLC now owns 339,853 shares of the technology company's stock worth $84,052,000 after purchasing an additional 1,094 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in Littelfuse by 3.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 271,113 shares of the technology company's stock worth $67,052,000 after purchasing an additional 8,338 shares during the last quarter. 96.14% of the stock is currently owned by institutional investors.

Littelfuse Stock Performance

Shares of LFUS traded up $8.57 during mid-day trading on Friday, hitting $247.40. 219,599 shares of the company traded hands, compared to its average volume of 139,770. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.49 and a current ratio of 3.57. The stock has a market cap of $6.13 billion, a price-to-earnings ratio of 28.34, a P/E/G ratio of 2.10 and a beta of 1.32. The stock has a 50-day moving average price of $234.88 and a two-hundred day moving average price of $239.37. Littelfuse, Inc. has a 1 year low of $212.80 and a 1 year high of $309.94.

Littelfuse (NASDAQ:LFUS - Get Free Report) last issued its earnings results on Tuesday, April 30th. The technology company reported $1.76 earnings per share for the quarter, topping analysts' consensus estimates of $1.75 by $0.01. The firm had revenue of $535.39 million during the quarter, compared to analyst estimates of $519.08 million. Littelfuse had a net margin of 9.58% and a return on equity of 10.21%. Littelfuse's revenue for the quarter was down 12.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.64 earnings per share. Equities analysts anticipate that Littelfuse, Inc. will post 9.46 earnings per share for the current year.

Littelfuse Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 6th. Stockholders of record on Thursday, May 23rd will be issued a $0.65 dividend. The ex-dividend date is Wednesday, May 22nd. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.05%. Littelfuse's dividend payout ratio is presently 29.78%.

Analyst Ratings Changes

Several research analysts have recently commented on the company. StockNews.com downgraded Littelfuse from a "buy" rating to a "hold" rating in a report on Saturday, March 30th. Jefferies Financial Group started coverage on Littelfuse in a research note on Tuesday, April 9th. They issued a "hold" rating and a $260.00 price target on the stock. Finally, Benchmark reissued a "hold" rating on shares of Littelfuse in a research note on Thursday.

Insider Transactions at Littelfuse

In other Littelfuse news, EVP Ryan K. Stafford sold 1,932 shares of Littelfuse stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $243.62, for a total transaction of $470,673.84. Following the completion of the transaction, the executive vice president now owns 24,155 shares in the company, valued at approximately $5,884,641.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, SVP Matthew Cole sold 916 shares of the stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $248.18, for a total transaction of $227,332.88. Following the sale, the senior vice president now owns 5,530 shares of the company's stock, valued at $1,372,435.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Ryan K. Stafford sold 1,932 shares of the business's stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $243.62, for a total value of $470,673.84. Following the transaction, the executive vice president now directly owns 24,155 shares of the company's stock, valued at $5,884,641.10. The disclosure for this sale can be found here. Over the last three months, insiders have sold 4,370 shares of company stock valued at $1,064,413. Corporate 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.