Quantinno Capital Management LP Has $546,000 Stock Holdings in Littelfuse, Inc. (NASDAQ:LFUS)

Quantinno Capital Management LP grew its stake in Littelfuse, Inc. (NASDAQ:LFUS) by 26.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,058 shares of the technology company’s stock after purchasing an additional 433 shares during the quarter. Quantinno Capital Management LP’s holdings in Littelfuse were worth $546,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Pathstone Holdings LLC lifted its stake in Littelfuse by 0.6% in the third quarter. Pathstone Holdings LLC now owns 6,522 shares of the technology company’s stock valued at $1,730,000 after buying an additional 40 shares during the period. Assetmark Inc. raised its position in shares of Littelfuse by 6.5% in the 3rd quarter. Assetmark Inc. now owns 719 shares of the technology company’s stock valued at $191,000 after acquiring an additional 44 shares during the period. US Bancorp DE boosted its stake in Littelfuse by 1.4% during the 3rd quarter. US Bancorp DE now owns 3,436 shares of the technology company’s stock worth $911,000 after acquiring an additional 49 shares during the last quarter. Rathbones Group PLC grew its holdings in Littelfuse by 0.3% during the second quarter. Rathbones Group PLC now owns 16,624 shares of the technology company’s stock valued at $4,249,000 after purchasing an additional 52 shares during the period. Finally, Tributary Capital Management LLC increased its stake in Littelfuse by 1.4% in the third quarter. Tributary Capital Management LLC now owns 3,940 shares of the technology company’s stock valued at $1,045,000 after purchasing an additional 55 shares in the last quarter. 96.14% of the stock is currently owned by institutional investors.

Littelfuse Trading Down 1.0 %

NASDAQ LFUS opened at $246.30 on Friday. Littelfuse, Inc. has a 52 week low of $222.91 and a 52 week high of $275.58. The company has a debt-to-equity ratio of 0.31, a quick ratio of 2.52 and a current ratio of 3.55. The stock’s 50 day moving average price is $251.16 and its two-hundred day moving average price is $255.26. The stock has a market capitalization of $6.11 billion, a price-to-earnings ratio of 31.66, a PEG ratio of 2.48 and a beta of 1.26.

Littelfuse (NASDAQ:LFUS) last announced its quarterly earnings data on Tuesday, October 29th. The technology company reported $2.71 EPS for the quarter, topping analysts’ consensus estimates of $2.09 by $0.62. The business had revenue of $567.39 million for the quarter, compared to analyst estimates of $557.38 million. Littelfuse had a net margin of 8.88% and a return on equity of 8.49%. The firm’s revenue for the quarter was down 6.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.97 earnings per share. As a group, analysts anticipate that Littelfuse, Inc. will post 8.47 earnings per share for the current fiscal year.

Littelfuse Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Thursday, November 21st were given a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date was Thursday, November 21st. Littelfuse’s dividend payout ratio is currently 35.99%.

Analyst Ratings Changes

LFUS has been the topic of a number of recent analyst reports. Robert W. Baird lifted their price target on shares of Littelfuse from $300.00 to $315.00 and gave the stock an “outperform” rating in a research report on Thursday, August 29th. StockNews.com raised Littelfuse from a “hold” rating to a “buy” rating in a research note on Friday, October 18th. Benchmark reaffirmed a “hold” rating on shares of Littelfuse in a research report on Wednesday, October 30th. Finally, Oppenheimer upgraded Littelfuse from a “market perform” rating to an “outperform” rating and set a $310.00 price objective on the stock in a report on Thursday, October 17th. Three research 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, the company currently has a consensus rating of “Moderate Buy” and an average price target of $285.00.

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.