Swiss National Bank Grows Position in Littelfuse, Inc. (NASDAQ:LFUS)

Swiss National Bank increased its position in shares of Littelfuse, Inc. (NASDAQ:LFUS) by 0.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 48,748 shares of the technology company’s stock after purchasing an additional 300 shares during the period. Swiss National Bank owned approximately 0.20% of Littelfuse worth $11,487,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Truvestments Capital LLC purchased a new stake in Littelfuse in the 3rd quarter valued at about $27,000. Quent Capital LLC boosted its position in Littelfuse by 525.0% in the 4th quarter. Quent Capital LLC now owns 125 shares of the technology company’s stock valued at $29,000 after buying an additional 105 shares during the period. Geneos Wealth Management Inc. boosted its position in Littelfuse by 181.0% in the 4th quarter. Geneos Wealth Management Inc. now owns 163 shares of the technology company’s stock valued at $38,000 after buying an additional 105 shares during the period. Bank of Jackson Hole Trust purchased a new stake in Littelfuse in the 4th quarter valued at about $40,000. Finally, Smartleaf Asset Management LLC boosted its position in Littelfuse by 548.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 188 shares of the technology company’s stock valued at $44,000 after buying an additional 159 shares during the period. 96.14% of the stock is owned by hedge funds and other institutional investors.

Littelfuse Trading Down 1.5 %

NASDAQ LFUS opened at $211.35 on Friday. The company has a quick ratio of 2.62, a current ratio of 3.61 and a debt-to-equity ratio of 0.32. The firm has a market cap of $5.24 billion, a PE ratio of 46.97, a price-to-earnings-growth ratio of 2.24 and a beta of 1.27. The company has a 50 day moving average price of $231.20 and a 200 day moving average price of $243.46. Littelfuse, Inc. has a 52 week low of $201.97 and a 52 week high of $275.58.

Littelfuse (NASDAQ:LFUS) last posted its quarterly earnings data on Tuesday, January 28th. The technology company reported $2.04 EPS for the quarter, hitting the consensus estimate of $2.04. Littelfuse had a net margin of 5.16% and a return on equity of 8.55%. During the same quarter last year, the firm posted $2.02 earnings per share. As a group, sell-side analysts forecast that Littelfuse, Inc. will post 9.49 EPS for the current fiscal year.

Littelfuse Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Investors 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 dividend yield of 1.32%. Littelfuse’s dividend payout ratio (DPR) is presently 62.22%.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Robert W. Baird lowered their price objective on shares of Littelfuse from $300.00 to $290.00 and set an “outperform” rating for the company in a research report on Thursday, January 30th. Benchmark restated a “hold” rating on shares of Littelfuse in a report on Wednesday, January 29th. Finally, StockNews.com upgraded shares of Littelfuse from a “hold” rating to a “buy” rating in a report on Wednesday. Three investment analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Littelfuse presently has a consensus rating of “Moderate Buy” and an average target price of $280.00.

About Littelfuse

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.