Teachers Retirement System of The State of Kentucky Has $1.71 Million Stock Holdings in Littelfuse, Inc. (NASDAQ:LFUS)

Teachers Retirement System of The State of Kentucky reduced its stake in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 41.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,236 shares of the technology company's stock after selling 5,137 shares during the quarter. Teachers Retirement System of The State of Kentucky's holdings in Littelfuse were worth $1,705,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in LFUS. 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 worth $29,000 after buying an additional 105 shares during the last quarter. Geneos Wealth Management Inc. grew its position in Littelfuse by 181.0% in the fourth quarter. Geneos Wealth Management Inc. now owns 163 shares of the technology company's stock worth $38,000 after acquiring an additional 105 shares in the last quarter. Bank of Jackson Hole Trust acquired a new position in shares of Littelfuse during the 4th quarter worth $40,000. Smartleaf Asset Management LLC raised its holdings 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 valued at $44,000 after purchasing an additional 159 shares in the last quarter. Finally, Global X Japan Co. Ltd. lifted 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 valued at $61,000 after purchasing an additional 179 shares during the last quarter. 96.14% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

LFUS has been the subject of a number of analyst reports. StockNews.com cut Littelfuse from a "buy" rating to a "hold" rating in a research report on Thursday, March 27th. Baird R W lowered Littelfuse from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 15th. Benchmark reiterated a "hold" rating on shares of Littelfuse in a report on Wednesday. Finally, Robert W. Baird restated a "neutral" rating and issued a $182.00 price objective (down from $225.00) on shares of Littelfuse in a research note on Tuesday, April 15th. Five analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $258.00.

Littelfuse Stock Performance

LFUS traded up $3.14 during midday trading on Wednesday, reaching $182.31. The company's stock had a trading volume of 477,810 shares, compared to its average volume of 156,437. Littelfuse, Inc. has a twelve month low of $142.10 and a twelve month high of $275.58. The stock has a market cap of $4.51 billion, a P/E ratio of 40.51, a PEG ratio of 2.24 and a beta of 1.30. The company has a fifty day simple moving average of $193.46 and a 200 day simple moving average of $226.31. 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 (NASDAQ:LFUS - Get Free Report) last announced its earnings results on Tuesday, April 29th. The technology company reported $2.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.82 by $0.37. The business had revenue of $554.31 million for the quarter, compared to analyst estimates of $537.60 million. Littelfuse had a net margin of 5.16% and a return on equity of 8.55%. Littelfuse's revenue was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.76 earnings per share. Research analysts expect that Littelfuse, Inc. will post 9.49 earnings per share for the current year.

Littelfuse Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Thursday, May 22nd will be paid a dividend of $0.70 per share. The ex-dividend date is Thursday, May 22nd. This represents a $2.80 annualized dividend and a yield of 1.54%. Littelfuse's dividend payout ratio is 62.22%.

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.