1,305 Shares in Littelfuse, Inc. (NASDAQ:LFUS) Purchased by EntryPoint Capital LLC

EntryPoint Capital LLC purchased a new stake in shares of Littelfuse, Inc. (NASDAQ:LFUS) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 1,305 shares of the technology company’s stock, valued at approximately $308,000.

A number of other large investors have also added to or reduced their stakes in LFUS. Truvestments Capital LLC bought a new position in shares of Littelfuse during the 3rd quarter valued at approximately $27,000. Quent Capital LLC lifted its position in Littelfuse by 525.0% during the fourth quarter. Quent Capital LLC now owns 125 shares of the technology company’s stock valued at $29,000 after purchasing an additional 105 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in Littelfuse by 181.0% during the fourth quarter. Geneos Wealth Management Inc. now owns 163 shares of the technology company’s stock valued at $38,000 after purchasing an additional 105 shares during the last quarter. Bank of Jackson Hole Trust purchased a new position in shares of Littelfuse in the 4th quarter worth $40,000. Finally, Smartleaf Asset Management LLC increased its holdings in shares of Littelfuse by 548.3% in 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 last quarter. Institutional investors own 96.14% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on LFUS. Benchmark reaffirmed a “hold” rating on shares of Littelfuse in a report on Wednesday, January 29th. StockNews.com lowered Littelfuse from a “buy” rating to a “hold” rating in a research note on Thursday. Finally, Robert W. Baird cut their target price on Littelfuse from $300.00 to $290.00 and set an “outperform” rating on the stock in a research report on Thursday, January 30th. Four research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $280.00.

Littelfuse Stock Down 0.8 %

Shares of NASDAQ LFUS opened at $210.03 on Friday. Littelfuse, Inc. has a 1 year low of $201.97 and a 1 year high of $275.58. The firm has a 50-day simple moving average of $229.28 and a two-hundred day simple moving average of $241.86. The company has a market cap of $5.19 billion, a P/E ratio of 46.67, a PEG ratio of 2.24 and a beta of 1.27. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.61 and a quick ratio of 2.62.

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 return on equity of 8.55% and a net margin of 5.16%. During the same quarter in the previous year, the company posted $2.02 earnings per share. Research analysts anticipate that Littelfuse, Inc. will post 9.49 earnings per share for the current 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 issued a $0.70 dividend. 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 payout ratio is presently 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.