Loomis Sayles & Co. L P Purchases 1,898 Shares of Littelfuse, Inc. (NASDAQ:LFUS)

Loomis Sayles & Co. L P boosted its holdings in Littelfuse, Inc. (NASDAQ:LFUS) by 1.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 101,034 shares of the technology company’s stock after purchasing an additional 1,898 shares during the quarter. Loomis Sayles & Co. L P owned about 0.41% of Littelfuse worth $23,809,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in LFUS. Truvestments Capital LLC bought a new stake in Littelfuse in the 3rd quarter worth about $27,000. Quent Capital LLC increased its holdings in Littelfuse by 525.0% in the 4th quarter. Quent Capital LLC now owns 125 shares of the technology company’s stock worth $29,000 after acquiring an additional 105 shares in the last quarter. Geneos Wealth Management Inc. raised its position 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 valued at $38,000 after purchasing an additional 105 shares during the period. Bank of Jackson Hole Trust purchased a new position in shares of Littelfuse in the fourth quarter valued at about $40,000. Finally, Smartleaf Asset Management LLC boosted its stake in 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 purchasing an additional 159 shares during the period. Institutional investors own 96.14% of the company’s stock.

Littelfuse Trading Down 4.3 %

Shares of Littelfuse stock opened at $200.97 on Friday. The company has a current ratio of 3.61, a quick ratio of 2.62 and a debt-to-equity ratio of 0.32. Littelfuse, Inc. has a twelve month low of $199.70 and a twelve month high of $275.58. The firm has a market capitalization of $4.97 billion, a PE ratio of 44.66, a P/E/G ratio of 2.24 and a beta of 1.27. The firm’s 50-day moving average price is $228.63 and its 200 day moving average price is $241.53.

Littelfuse (NASDAQ:LFUS) last posted its earnings results on Tuesday, January 28th. The technology company reported $2.04 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 period in the prior year, the company earned $2.02 EPS. On average, sell-side analysts predict that Littelfuse, Inc. will post 9.49 EPS for the current fiscal year.

Littelfuse Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Thursday, February 20th were given a dividend of $0.70 per share. The ex-dividend date was Thursday, February 20th. This represents a $2.80 annualized dividend and a dividend yield of 1.39%. Littelfuse’s dividend payout ratio (DPR) is currently 62.22%.

Wall Street Analyst Weigh In

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

About Littelfuse

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.