AXQ Capital LP Has $286,000 Stock Holdings in Littelfuse, Inc. (NASDAQ:LFUS)

AXQ Capital LP cut its position in shares of Littelfuse, Inc. (NASDAQ:LFUS) by 29.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,212 shares of the technology company’s stock after selling 516 shares during the period. AXQ Capital LP’s holdings in Littelfuse were worth $286,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of LFUS. Truvestments Capital LLC acquired a new position in shares of Littelfuse during the 3rd quarter worth about $27,000. Quent Capital LLC boosted its holdings in shares of Littelfuse by 525.0% during the 4th 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 period. Geneos Wealth Management Inc. boosted its holdings in shares of Littelfuse by 181.0% during the 4th quarter. Geneos Wealth Management Inc. now owns 163 shares of the technology company’s stock worth $38,000 after buying an additional 105 shares during the period. Bank of Jackson Hole Trust bought a new stake in shares of Littelfuse during the 4th quarter worth about $40,000. Finally, Smartleaf Asset Management LLC boosted 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 worth $44,000 after buying an additional 159 shares during the period. 96.14% of the stock is currently owned by institutional investors and hedge funds.

Littelfuse Stock Performance

NASDAQ LFUS opened at $209.79 on Monday. 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 company has a market capitalization of $5.18 billion, a P/E ratio of 46.62, a P/E/G ratio of 2.24 and a beta of 1.27. Littelfuse, Inc. has a 12-month low of $201.97 and a 12-month high of $275.58. The firm has a 50-day moving average price of $230.69 and a two-hundred day moving average price of $242.81.

Littelfuse (NASDAQ:LFUS) last posted its quarterly earnings data on Tuesday, January 28th. The technology company reported $2.04 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $2.04. Littelfuse had a net margin of 5.16% and a return on equity of 8.55%. During the same period in the prior year, the company posted $2.02 earnings per share. Analysts anticipate that Littelfuse, Inc. will post 9.49 earnings per share for the current year.

Littelfuse Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Thursday, February 20th were issued a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date was Thursday, February 20th. Littelfuse’s dividend payout ratio (DPR) is presently 62.22%.

Wall Street Analyst Weigh In

Several analysts recently commented on LFUS shares. StockNews.com raised shares of Littelfuse from a “hold” rating to a “buy” rating in a report on Wednesday, March 19th. Benchmark reaffirmed a “hold” rating on shares of Littelfuse in a report on Wednesday, January 29th. Finally, Robert W. Baird reduced their target price on shares of Littelfuse from $300.00 to $290.00 and set an “outperform” rating for the company in a report on Thursday, January 30th. Three research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $280.00.

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.