Littelfuse, Inc. (NASDAQ:LFUS - Get Free Report) SVP Deepak Nayar sold 1,305 shares of the business's stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $250.25, for a total transaction of $326,576.25. Following the transaction, the senior vice president now owns 4,630 shares of the company's stock, valued at approximately $1,158,657.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Littelfuse Trading Up 2.1 %
NASDAQ:LFUS opened at $252.64 on Tuesday. The company has a market capitalization of $6.26 billion, a P/E ratio of 28.94, a PEG ratio of 2.40 and a beta of 1.32. The company has a current ratio of 3.57, a quick ratio of 2.44 and a debt-to-equity ratio of 0.32. Littelfuse, Inc. has a 12 month low of $212.80 and a 12 month high of $309.94. The firm has a fifty day simple moving average of $235.15 and a 200-day simple moving average of $239.58.
Littelfuse (NASDAQ:LFUS - Get Free Report) last issued its quarterly earnings results on Tuesday, April 30th. The technology company reported $1.76 EPS for the quarter, topping analysts' consensus estimates of $1.75 by $0.01. The company had revenue of $535.39 million during the quarter, compared to analysts' expectations of $519.08 million. Littelfuse had a return on equity of 10.21% and a net margin of 9.58%. The firm's revenue was down 12.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.64 EPS. On average, equities research analysts anticipate that Littelfuse, Inc. will post 8.59 earnings per share for the current year.
Littelfuse Announces Dividend
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The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 6th. Investors of record on Thursday, May 23rd will be issued a $0.65 dividend. The ex-dividend date is Wednesday, May 22nd. This represents a $2.60 annualized dividend and a yield of 1.03%. Littelfuse's dividend payout ratio (DPR) is presently 29.78%.
Hedge Funds Weigh In On Littelfuse
A number of institutional investors have recently bought and sold shares of the business. VisionPoint Advisory Group LLC acquired a new stake in shares of Littelfuse in the third quarter worth $27,000. Rise Advisors LLC acquired a new stake in Littelfuse during the 1st quarter worth about $30,000. SRS Capital Advisors Inc. raised its stake in shares of Littelfuse by 372.4% during the 4th quarter. SRS Capital Advisors Inc. now owns 137 shares of the technology company's stock valued at $37,000 after buying an additional 108 shares during the last quarter. Principal Securities Inc. purchased a new position in shares of Littelfuse during the 4th quarter valued at about $50,000. Finally, Assetmark Inc. boosted its stake in shares of Littelfuse by 27.9% in the third quarter. Assetmark Inc. now owns 367 shares of the technology company's stock worth $91,000 after buying an additional 80 shares during the last quarter. 96.14% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently issued reports on the company. StockNews.com downgraded Littelfuse from a "buy" rating to a "hold" rating in a research report on Saturday, March 30th. Jefferies Financial Group assumed coverage on Littelfuse in a research note on Tuesday, April 9th. They issued a "hold" rating and a $260.00 price target for the company. Finally, Benchmark restated a "hold" rating on shares of Littelfuse in a research note on Thursday, May 2nd.
View Our Latest Report on LFUS
Littelfuse Company Profile
(
Get Free Report)
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.
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