Signaturefd LLC Sells 107 Shares of Littelfuse, Inc. (NASDAQ:LFUS)

Signaturefd LLC lessened its position in Littelfuse, Inc. (NASDAQ:LFUS) by 19.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 444 shares of the technology company’s stock after selling 107 shares during the quarter. Signaturefd LLC’s holdings in Littelfuse were worth $105,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Pathstone Holdings LLC raised its position in Littelfuse by 0.6% in the 3rd quarter. Pathstone Holdings LLC now owns 6,522 shares of the technology company’s stock worth $1,730,000 after purchasing an additional 40 shares during the period. Atria Wealth Solutions Inc. lifted its stake in shares of Littelfuse by 5.5% during the 4th quarter. Atria Wealth Solutions Inc. now owns 953 shares of the technology company’s stock worth $225,000 after acquiring an additional 50 shares during the last quarter. Arizona State Retirement System lifted its stake in shares of Littelfuse by 0.7% during the 4th quarter. Arizona State Retirement System now owns 7,188 shares of the technology company’s stock worth $1,694,000 after acquiring an additional 51 shares during the last quarter. Assetmark Inc. boosted its holdings in Littelfuse by 11.4% during the 4th quarter. Assetmark Inc. now owns 801 shares of the technology company’s stock valued at $189,000 after acquiring an additional 82 shares during the period. Finally, Captrust Financial Advisors grew its position in Littelfuse by 6.5% in the 3rd quarter. Captrust Financial Advisors now owns 1,488 shares of the technology company’s stock valued at $395,000 after acquiring an additional 91 shares during the last quarter. 96.14% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Littelfuse Trading Down 0.7 %

NASDAQ LFUS opened at $209.79 on Monday. Littelfuse, Inc. has a one year low of $201.97 and a one year high of $275.58. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.62 and a current ratio of 3.61. The company has a market capitalization of $5.18 billion, a price-to-earnings ratio of 46.62, a price-to-earnings-growth ratio of 2.24 and a beta of 1.27. The company’s 50-day simple moving average is $230.69 and its two-hundred day simple moving average is $242.81.

Littelfuse (NASDAQ:LFUS) last issued its quarterly earnings data on Tuesday, January 28th. The technology company reported $2.04 earnings per share (EPS) for the quarter, meeting 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 business earned $2.02 EPS. Equities analysts forecast that Littelfuse, Inc. will post 9.49 EPS for the current fiscal year.

Littelfuse Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Thursday, February 20th were given a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 1.33%. The ex-dividend date was Thursday, February 20th. Littelfuse’s payout ratio is 62.22%.

Littelfuse 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.