Barclays PLC lifted its position in Bel Fuse Inc. (NASDAQ:BELFA – Free Report) by 278.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,311 shares of the scientific and technical instruments company’s stock after acquiring an additional 1,701 shares during the period. Barclays PLC’s holdings in Bel Fuse were worth $230,000 as of its most recent SEC filing.
Other large investors have also made changes to their positions in the company. Geode Capital Management LLC boosted its position in Bel Fuse by 9.0% during the 3rd quarter. Geode Capital Management LLC now owns 33,694 shares of the scientific and technical instruments company’s stock worth $3,351,000 after acquiring an additional 2,778 shares during the period. State Street Corp increased its holdings in shares of Bel Fuse by 12.9% in the 3rd quarter. State Street Corp now owns 25,125 shares of the scientific and technical instruments company’s stock valued at $2,498,000 after purchasing an additional 2,876 shares during the period. MetLife Investment Management LLC lifted its position in shares of Bel Fuse by 129.2% in the third quarter. MetLife Investment Management LLC now owns 1,098 shares of the scientific and technical instruments company’s stock worth $109,000 after purchasing an additional 619 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of Bel Fuse by 632.5% during the third quarter. BNP Paribas Financial Markets now owns 2,073 shares of the scientific and technical instruments company’s stock worth $206,000 after purchasing an additional 1,790 shares during the period. Finally, Rhumbline Advisers grew its position in Bel Fuse by 2,346.3% during the second quarter. Rhumbline Advisers now owns 1,957 shares of the scientific and technical instruments company’s stock valued at $158,000 after purchasing an additional 1,877 shares in the last quarter. Institutional investors and hedge funds own 6.01% of the company’s stock.
Bel Fuse Stock Down 0.9 %
Bel Fuse stock opened at $88.61 on Wednesday. Bel Fuse Inc. has a twelve month low of $51.00 and a twelve month high of $106.93. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.71 and a current ratio of 4.00. The firm has a market cap of $1.11 billion, a PE ratio of 21.46 and a beta of 1.25. The firm’s 50 day moving average price is $93.12 and its two-hundred day moving average price is $92.58.
About Bel Fuse
Bel Fuse Inc designs, manufactures, markets, and sells products that power, protect, and connect electronic circuits. The company's products are used in the networking, telecommunications, computing, general industrial, high-speed data transmission, military, commercial aerospace, transportation, and e-Mobility industries.
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